First Known Use of write-down
Definition of write down
Examples of write down in a Sentence
a company forced to write down its assets
write down what you remember about that day
Recent Examples of write down from the Web
Take a recent study by behavioral economist Dan Ariely, who asked a class of MBA students to write down the last two digits of their Social Security numbers on a piece of paper in front of them.
But in November, the company wrote down the value of Ebuys on its balance sheet by $52.7 million after taking a loss on the business because of huge markdowns to clear inventory.
Cerberus will no longer own the 200-year-old Remington, while creditors will get equity in the company in exchange for the debt being written down.
This is important in regards to Indiana law, which states that most agreements that span more than one year must be written down.
Some rules, Schuster said, are not written down, but are understood, including a very important one: Do not cooperate with law enforcement.
Agents wrote down notes of their conversations, but did not make audio or video recordings, according to testimony.
The coyote will write down the license-plate number, send photos of them to the indigenous person who will be along the way, get them off the bus, and put them on the next.
But that was mostly because the Swiss bank wrote down SFr2.7bn in assets to adjust to America’s new lower corporate tax.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'write down.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of write down
write down Synonyms
Financial Definition of WRITE-DOWN
What It Is
How It Works
Insurance companies often need to write down assets since they must maintain a certain stated level of capital compared to their portfolio of potential liabilities. For illiquid investments such as real estate, book value is calculated by analyzing current market conditions, taking into consideration rental rates, the values of similar buildings, as well as current interest rates. When preparing quarterly financial updates, insurance firms reevaluate the value of their real estate holdings. If market conditions change, the firm writes down the book value of the holding to adjust the value to current market conditions.
Thus a real estate write-down in our example can be caused by either a negative change in the overall macro environment, or a micro economic occurrence such as building deterioration.
Why It Matters
Changes in book values caused by write-downs were at the heart of financial company failures caused by the sub-prime crisis. When write-downs occurred, many financial firms needed to raise capital from other sources to maintain their minimum capital obligations.
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