The reduction of the carrying value of an asset either as a result of depreciation or other events.
                                                            
                                                     
                        
                                                
                        
                        
                            The reduction of the written value of a security, commonly through means such as depreciation.
                                                            
                                                     
                        
                                                
                        
                        
                            To reduce the recorded value of an asset in an account, perhaps due to depreciation or other reasons.