Wrote down financial definition of wrote down
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Sell an option
. Applies to derivative products.
References in periodicals archive
2) Of the 745 A-share companies listed in 1998, we identify 134 companies that voluntarily wrote down
at least one of these three assets.
Based on the events of the second quarter, NHI wrote down
this asset by an additional $3 million to $19,052,000 effective June 30.
During 1997 and 1998, the Company wrote down
all obsolete inventory.
The Company also took a more conservative attitude to its investment portfolio and wrote down
or discontinued certain investments.