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English definition of “write sth down”

write sth down

(FINANCE) phrasal verb with write     /raɪt/ verb (wrote, written or old use writ)
to show in a company's accounts (= financial records) that something is worth less than it was before: The building cost £700,000 to build, but it was written down to £300,000.Accounting
(Definition of write sth down (FINANCE) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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