Writedown

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Write-Off

A reduction in an individual's or a company's income as the result of an expense. For example, an unpayable credit sale may be a write-off for the creditor, especially if the debtor declares bankruptcy. The bankruptcy means that the debtor is unable to pay the debt, which results in a loss of income for the creditor. A write-off may usually be deducted from one's taxable income.

writedown

A reduction in the value of an asset carried on a firm's financial statements. For example, the firm's accountants, believing the inventory is overvalued, may decide to take a writedown by reducing inventory valuation. Unlike a writeoff, a writedown does not result in elimination of the asset.

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Pretax Writedown Pro Forma Earnings Restructuring Charge			AIRPORT operators BAA announced a jump in nine-month losses after they were hit by a writedown linked to this month's sale of Gatwick airport. AIRPORT operatorsBAA announced a jump [...]; Business IN BRIEF by Daily Record (Glasgow, Scotland) AIRPORTS operator BAA has announced a jump in nine-month losses after it was hit by a writedown linked to this month's sale of Gatwick airport The pre-tax loss, which relates to BAA's three London airports of Heathrow, Gatwick and Stansted, rose to pounds 784. Gatwick sale pushes BAA further into red; COMPANIES TODAY: TRAVEL by The Journal (Newcastle, England) Byline: Reuters ISTANBUL: The International Monetary Fund on Wednesday lowered its estimate for global writedowns for banks and other financial institutions to $3. IMF cuts global debt writedown estimate to $3.4 trln by Times of Oman (Muscat, Oman)			WOW Wrap Account Wrap Fee Wrap-Around Mortgage Wraparound Wraparound Annuity wraparound mortgage Wright Brothers Wrinkle Wrinkled Wrinkles Writ Writ of Attachment writ of certiorari writ of ejectment Writ of Error writ of execution Writ of Seizure and Sale Write Write Down Write Off Write Out Write-Back write-down write-off Writedown Writeoff Writer Writeup Writing Writing Cash-Secured Puts Writing Naked Writing puts to acquire stock Writing-Down Allowance Written-Down Value Wrong-way risk Wrongful Act Wrongful Death Wrongful Dishonor Wrongful Dismissal Wrongful Termination Clause Wrongful Termination Lawsuit WS WST WT WTI WW WYSIWYG WYSIWYP X X or XD			Write-Outs write-protect write-protect Write-Protect Hard Disk write-protected write-protecting Write-protection Write-protection write-protects Write-through Write-Through with Deferred Update Write-thru Write-thru Write-thru Write-thru write-up write-up write-up write-up write-ups write-ups write-ups write-ups writeable Writeable control store WRITEACOURSE Writeback Writeback Writebacks Writebacks Writedown Writedowns Writedowns Writedowns Writedowns Writely Writely.com Writeoff Writeoff Writeoff Writeoff Writeoffs Writeoffs Writeoffs Writeoffs writer writer writer writer writer writer Writer and Free Thinker at Large Writer Compensation Program Writer for Rent Writer of the tallies Writer to the signet Writer to the signet Writer to Writer writer's block writer's block writer's block

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