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partial write-down

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partial write-down

See write-down.



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TCM, Stock Forum) reported a net loss for the fourth quarter, resulting from a partial write-down of goodwill assets and other special non-cash charges.
But Bernanke said that the net effect for banks would be positive, because the partial write-downs would begin to head off further foreclosures by motivating owners to hold on to their homes.
The Bank charged-off $490,000 relating to a partial write-down of one conventional loan, under FASB 114 guidelines.
 
 
 
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