A downward revision to the book value of an asset on a company’s financial statements either due to depreciation or a fall in its market value. This is recorded as an expense in the profit and loss statement. Unlike a write-off, the asset remains on the balance sheet. In the financial sector, write downs may cause companies to raise capital from other sources to maintain their minimum capital requirements.
This definition is for general information purposes only
Police have issued a warning to passengers planning to park at Gatwick airport.
New research has revealed the worst country in Europe for pickpockets - and it's a popular holiday destination for Brits
Amanda Holden, 53, looked sensational as she showed off her latest outfit to host Heart FM despite "not being able to find a top" as she opted for just a bra and jacket
Officers rushed to reach the man after he was spotted walking dangerously close to traffic
The arrival of the US M1A1 Abrams tanks in Ukraine was hailed as a turning point in the war. Coming in at roughly $10 million a unit, the Nato stalwart was supposed to provide the armoured fist that would punch through the Russian lines. But tactics evolve quickly in warfare, and Russia’s use of surveillance and hunter-killer drones has led to heavy casualties for Ukraine’s tank fleets. This is alarming for NATO. If Russia has found critical vulnerabilities in our armour, our borders are beginni
The moment was filmed by a Pollok resident who was left disgusted after spotting the vermin from her kitchen window in the Templeland Road area of Glasgow.
One gardener shared the hack to deter slugs and snails from plant pots, with others saying the method 'works every year' for them
Following the latest Channel tragedy on Tuesday when five people, including a seven-year-old girl, died, one local French mayor squarely blamed Britain.
Leo Varadkar left his job as Irish prime minister last month with compliments being lavished on him from all directions — especially the White House — for his triumph over Brexit Britain in forcing the retention of an open land border on Northern Ireland.
Vida was treated by vets for lacerations which saw its coat soaked in blood but Quaker was in an equine hospital with its future "not looking good", sources said
Prince William made a surprise visit to a school in the West Midlands today, where he issued a 14-word update on his wife, Kate Middleton, amid her cancer treatment
For the Love of Dogs viewers were left fuming during the latest episode of the long-running ITV show
Yvonne Bailey, 78, says it has made a 'huge difference' to her life
Prince Harry's relationship with his brother may be strained but he still worries for his brother's children
Fans of the popular ITV programme Good Morning Britain (GMB) have been left shocked after discovering presenter Adil Ray's actual age.
The actress took to social media to reveal the work she'd had done
A man gave his dying dog a chocolate bar – a treat dogs love but that is toxic to them – as a final gesture of love before she was put to sleep on April 23.Footage recorded by Miller Hurtado Toro shows his dog Sharon enjoying the tasty sweet before she was injected with euthanizing drugsToro told Storyful that Sharon was 12 years old and had been fighting the tick-borne canine disease ehrlichiosis for two years.“We tried to take her to find more treatments, but they saw that she had lung cancer, with metastases in her lungs and liver that were making her weak from just lying down,” Toro said.“The day before yesterday, she could not get up again, and that is when I made the decision,” he explained.Toro said he had often denied Sharon a taste of chocolate as the candy is notably bad for dogs’ health, but that he thought she should try it as her final treat.“No dog should leave without first trying chocolate,” Toro said. Credit: Miller Hurtado Toro via Storyful
Strictly Come Dancing star Giovanni Pernice looked so loved up alongside a photo with his new girlfriend. See photo.
Callum Laing, 40, was diagnosed with a stage 4 Glioblastoma brain tumour, after he had been suffering from intense headaches - but surgeons in Edinburgh have made a surprising discovery.
Gardener and broadcaster Alan Titchmarsh has revealed he eats the same simple breakfast every day
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