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Business Dictionary :
Writ, Write and Writing
Writ, Write and Writing
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Writ : noun : legal document ordering someone to do something or not to do something
• The court issued a writ to prevent the trade union from going on strike.
• To serve someone with a writ
• To serve a writ on someone
• To give someone a writ officially so that he has to obey it.
Write : verb : to put words or figures on to paper
• She wrote a letter of complaint to the manager.
• The telephone number is written at the bottom of the notepaper.
NOTE : writing - wrote - has written
Write Down : verb : to note an asset at a lower value than previously
• Written down value
• The car is written down in the company's books.
Write Down : noun : noting of an asset at a lower value
Write Off : verb : to cancel (a debt) or to remove an asset from the accounts as having no value
• To write off bad debts
• Two cars were written off after the accident. (The insurance company considered that both cars were a total loss.)
• The cargo was written off as a total loss. (The cargo was so badly damaged that the insurers said it had no value.)
Write-Off : noun : total loss or cancellation of a bad debt or removal of an asset's value in a company's accounts
• The car was a write-off
• To allow for write-offs in the yearly accounts
Write Out : verb : to write in full
• She wrote out the minutes of the meeting from her notes.
• To write out a cheque = to write the words and figures on a cheque and then sign it
Writing : noun : something which has been written
• To put the agreement in writing
• He has difficulty in reading my writing.
NOTE : no plural
OUOTE : $30 million from usual company borrowings will either be amortized or written off in one sum. (Australian Financial Review)
QUOTE : The holding company has seen its earnings suffer from big write downs in conjunction with its $1 billion loan portfolio. (Duns Business Month)
