- write
- Sell an option. Applies to derivative products. Bloomberg Financial Dictionary
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write write [raɪt] verb wrote PASTTENSE [rəʊt ǁ roʊt] written PASTPART [ˈrɪtn]1. [intransitive, transitive] to form letters or numbers with a pen or pencil:• The price is written on the label.
• He wrote out a cheque for £4000.
• We have written £5 million of insurance this month.
write something → back phrasal verb [transitive]ACCOUNTING to increase the value of an asset that had been written off or written down. This happens, for example, when a debt that you thought would not be paid is unexpectedly paid — see also write-backwrite something → down phrasal verb [transitive]ACCOUNTING to reduce the value of an asset as shown in a company's accounts:• The giant hospital chain said it will write down about $100 million in assets and reserves.
— see also write-downwrite something into something phrasal verb [transitive]to include something such as a rule or condition in a document, agreement etc:• I have to attend regular training sessions — it's written into my contract.
write off phrasal verb [transitive]1. write somebody/something → off to decide that someone or something is useless, unimportant, or a failure:write off as• We've written the project off as a non-starter.
2. write something → off ACCOUNTING to officially say that someone does not have to pay a debt:• As part of the deal, all their debts were written off.
3. write something →off ACCOUNTING to reduce the value of an asset to nothing, for example in the case of a bad debt (= money you have lent but that will never be repaid):• Businesses write off capital assets over a period of years.
4. write something → off INSURANCE if an insurance company writes off a vehicle, it decides that it has been damaged so badly that it is not worth repairing:write something → up phrasal verb [transitive]ACCOUNTING to increase the value of an asset, usually land or a building, as shown in a company's accounts:• The company can periodically write up the value of certain assets if its directors think the assets are worth more than the purchase price.
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write UK US /raɪt/ verb (wrote, written)► [I or T] to put letters, numbers or symbols on a piece of paper or a computer screen, using a pen, pencil or keyboard: »Write your name and address on the form.
»The negative figures were written in red.
► [I or T] to create a document in order to supply information or communicate with someone: »He wrote a letter of complaint to the Customer Services Department.
»A report written by the finance committee made several cost-cutting recommendations.
»written communication/confirmation/statement
► [T] (also write sth out) to put all the necessary information on a form: »They wrote me a cheque for $5,000 in compensation.
► [T] INSURANCE to provide insurance: »The bank does not write its own insurance but offers building and contents cover through a third party.
► [T] IT to record data in the memory of a computer or a disk: write sth to sth »The file failed to write to disk because it was too large.
► [T] IT to create a computer program: »The computer package was specially written for market research purposes.
Financial and business terms. 2012.