written-down value Meaning in the Cambridge English Dictionary
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Meaning of “written-down value” in the English Dictionary

"written-down value" in Business English

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written-down valuenoun [U]

uk   us   (also WDV) abbreviation ACCOUNTING
the ​value that a ​company gives an ​asset in its ​accounts after ​reducing it to ​allow for depreciation: Machinery will usually be ​sold at its ​tax written-down ​value to ​avoid any ​balancingcharge to the ​vendor.
(Definition of written-down value from the Cambridge Business English Dictionary © Cambridge University Press)
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