Meanings
value adjustment, write-down, impairment (an accounting entry made to reduce the book value of an asset to reflect its current market or fair value)
Aufgrund der gesunkenen Marktpreise musste das Unternehmen eine erhebliche Wertberichtigung auf seine Vorräte vornehmen.Due to the decline in market prices, the company had to make a significant value adjustment on its inventories.