Write

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Write

Sell an option. Applies to derivative products.

Write

To originate and sell an option contract. The writer of an option contract must sell (in a call) or buy (in a put) the underlying asset of the contract if the holder exercises the option.
References in periodicals archive ?
But since then, progress has been slow in writing off bad loans.
Under the law on writing off debts, there will no limitations to the debt.
ISLAMABAD, October 28, 2009 (Frontier Star): The Public Accounts Committee has issued instructions to the finance ministry to make new law and transparent process for writing off the banks' loans and also include the committee recommendations.
Rather than writing off these impaired assets, which amounted to tens of millions of dollars, WMB agreed to extend up to $100 million of WCG's receivables with an outstanding balance due on March 31, 2001, to March 15, 2002; and (vi) that the sale and leaseback of WCG's office properties in or about September of 2001 was a non-arm's-length transaction at an inflated value for the properties whose motive and intent was to funnel monies to WCG and avoid forcing WMB to perform its guaranties and thereby adversely affect its results and debt ratings.
In connection with writing off this business, the Company expects to record a one-time restructuring charge of approximately $9 million in the third quarter of 2000.