German-English translation for "Wertminderung"

"Wertminderung" English translation

What is needed is a quick write-down of the value of the mortgages.
Was wir jetzt brauchen, ist eine schnelle Wertminderung der Hypotheken.
Source: News-Commentary
This means indirectly a reduction in the value of this land.
Dies bedeutet indirekt eine Wertminderung der Grundstücke.
Source: Europarl
Source

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