Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
write-down | Yes | No | No | No |
tax deduction | Yes | No | No | No |
write-down (noun) | tax deduction (noun) |
---|---|
(accounting) reduction in the book value of an asset | a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket |