Writedown (accounting)/Definition: Difference between revisions
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imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> A reduction of the accounting valuation of an asset that is shown on the balance sheet of a business, in response to a change in its estimated...) |
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A reduction of the accounting valuation of an [[asset]] that is shown on the [[balance sheet]] of a business, in response to a change in its estimated market value. | A reduction of the accounting valuation of an [[asset (finance)|asset]] that is shown on the [[balance sheet]] of a business, in response to a change in its estimated market value. | ||
Latest revision as of 10:46, 20 March 2010
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Writedown (accounting) [r]: A reduction of the accounting valuation of an asset that is shown on the balance sheet of a business, in response to a change in its estimated market value.