Business Dictionary :

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)

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