Reference Entry


Nigar Hashimzade, Gareth Myles and John Black

in A Dictionary of Economics

Fifth edition

Published in print January 2017 | ISBN: 9780198759430
Published online January 2017 | e-ISBN: 9780191819940

Show Summary Details


A reduction in the value assigned to a transaction in the accounts when a company or a bank believes that a transaction will not deliver the promised outcome. This is a precautionary move to prevent decisions being made on the basis of overly optimistic forecasts....

Reference Entry.  46 words. 

Subjects: Economics

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content. subscribe or login to access all content.