Reference Entry


Edited by John Black, Nigar Hashimzade and Gareth Myles

in A Dictionary of Economics

Fourth edition

Published in print January 2012 | ISBN: 9780199696321
Published online May 2013 | e-ISBN: 9780191759130

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When a company or a bank believes that a transaction will not deliver the promised outcome, and so reduces the value assigned to the transaction in the accounts. A write-down is a precautionary move to prevent decisions being made on the basis of overly optimistic forecasts....

Reference Entry.  47 words. 

Subjects: Economics

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