How Do You Spell WRITEDOWN?

Pronunciation: [ɹˈa͡ɪtda͡ʊn] (IPA)

The correct spelling of the word "writedown" is actually "write-down". The hyphen between "write" and "down" is used to indicate that they are two separate words connected in meaning. This word means to record or note down something that needs to be remembered. It is pronounced as [raɪt-daʊn], reflecting the phonetic transcription using the International Phonetic Alphabet (IPA). It is important to use the correct spelling and pronunciation of words to avoid any misunderstandings or confusion.

WRITEDOWN Meaning and Definition

1. A writedown is a financial accounting term referring to the reduction of the book value of an asset, usually with the purpose of accurately reflecting its current value or market price. It typically occurs when the carrying value of an asset exceeds its fair value or when there is a significant decline in the asset's market value.

   In other words, a writedown is a downward adjustment made to the recorded value of an asset, such as property, inventory, investments, or goodwill, in order to reflect its diminished worth. This adjustment is intended to more accurately represent the economic reality and financial condition of the company.

   Writedowns can occur due to various reasons such as economic factors, changes in market conditions, technological advancements, or obsolescence. Companies may also undertake writedowns to offset losses, avoid overstating their financial position, or comply with accounting standards.

   The impact of a writedown can be significant for a company, as it directly affects its balance sheet and can have implications on profitability, shareholder value, and financial health. Writedowns are typically disclosed in a company's financial statements, such as the income statement or notes to the financial statements, to provide transparency to investors, creditors, and stakeholders.

   Overall, a writedown is a reduction in the recorded value of an asset to more accurately reflect its current worth or market value, with the aim of presenting a fair and reliable representation of a company's financial position.

Common Misspellings for WRITEDOWN

• qritedown
• aritedown
• sritedown
• eritedown
• 3ritedown
• 2ritedown
• weitedown
• wditedown
• wfitedown
• wtitedown
• w5itedown
• w4itedown
• wrutedown
• wrjtedown
• wrktedown
• wrotedown
• wr9tedown
• wr8tedown
• wriredown
• writedoun
• whitebown
• sittedown

Etymology of WRITEDOWN

The word "writedown" comes from the combination of "write" and "down". It is a compound word formed by the verb "write", which derives from the Old English word "wrītan", meaning "to incise, draw, or write", and the preposition "down", which refers to the movement or position from a higher to a lower place. As a compound word, "writedown" implies the action of writing something, such as notes, information, or thoughts, on a lower surface, usually on paper or a similar medium. In finance or accounting, a "writedown" refers to the reduction of the book value of an asset or investment, reflecting a decrease in its value.

Similar spelling words for WRITEDOWN

• writhed,
• write-down,
• write down.

Plural form of WRITEDOWN is WRITEDOWNS