Definitions, Translations, and Word of the Day
Definition of "writedowns" []
- Plural form of writedown. (noun)
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Use "writedowns" in a sentence
- "Right now, the main reason that banks have been slow in taking the writedowns is because (IMO) a number of them would be out of business if they took the full hit."
- "European banks have already raised $115 billion from investors to replenish capital after reporting $134 billion in writedowns, Goldman analysts led by Christoffer Malmer said in a note to clients today"
- "The writedowns are the largest to be announced so far in the capital markets and LBO lending operations of the big U.S. banks, but the firm's shares rose 2.5%."