Where does “Wertberichtigung” come from?
Wertberichtigung (German) comes from German Berichtigung, from German berichtigen, from German richtig, from Middle High German rihtec, from Old High German rihtīg, from Old High German reht, from Proto-West Germanic reht, from Proto-Germanic rehtaz — to straighten, to right oneself; right; just.
Wertberichtigung (German): 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
Definitions
- 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
Ancestry of “Wertberichtigung”, step by step
Wertberichtigung traces back through two separate lines of ancestry.
via German Berichtigung
| Step | Language | Word | Meaning |
|---|---|---|---|
| 1 | German | Berichtigung | correction (act of correcting) |
| 2 | German | berichtigen | to correct |
| 3 | German | richtig | correct, accurate, right; really |
| 4 | Middle High German | rihtec | — |
| 5 | Old High German | rihtīg | — |
| 6 | Old High German | reht | right |
| 7 | Proto-West Germanic | reht | straight; right, correct; morally upright, just |
| 8 | Proto-Germanic | rehtaz | right, straight; morally upright, just |
| 9 | Proto-Indo-European | h₃reǵtós | straightened, right, upright |
| 10 | Proto-Indo-European | h₃reǵ- | to straighten, to right oneself; right; just |
via German wert
| Step | Language | Word | Meaning |
|---|---|---|---|
| 1 | German | wert | worth something, worthy of something; worthy of... |
| 2 | Middle High German | wert | worthy, valuable, noble |
| 3 | Old High German | werd | worth |
| 4 | Proto-Germanic | werþaz | worthy, valuable |
| 5 | Proto-Indo-European | wert- | to turn, to rotate |
| 6 | Proto-Indo-European | wer- | to burn; to cover, heed, notice; squirrel |