leoglossary avatar

LeoGlossary: Write Down

leoglossary

Published: 02 Jan 2023 › Updated: 02 Jan 2023LeoGlossary: Write Down

LeoGlossary: Write Down

How to get a Hive Account


The process engaged by a company in reducing the book value of an asset if its is overstated compared to current market value.

This is an accounting tactic which affects the firm's balance sheet.

General:

Leave LeoGlossary: Write Down to:

Written by

Read more #leoglossary posts


Best Posts From leoglossary

More Posts From leoglossary