These are word's examples related to write-down. Click on any word to go to its word's detail page. Or, go to the definition of write-down.
Schemes a-b are unconditional transfers to the borrower, in periods one and two respectively, while scheme c is an unconditional debt write-down in period one.
As an illustration, consider first a non-contingent debt write-down, which clearly must increase the utility of an honest borrower.
When the amount of the resource is small, a (small) unconditional transfer or debt write-down generally has no effect, while the other schemes potentially have effects.
Moreover, those mechanisms that also reduce the interest rates on new borrowing often have more force than those that work only via a pure debt write-down.
We are now left with an appalling vista of insolvency, bankruptcies, nationalisations, the massive destruction of wealth, and stock market write-down.
There was no floor to the amount of write-down.
Again, in paragraph 2 we are told about a total write-down of assets of over £1,100 million.
He then went on to talk about the possible write-down of assets, and at some stage we shall talk about the possible write-up of assets.
That arrangement was to allow for a write-down value after 21 years.
There are also extraordinary items, consisting of redundancy and other closure costs and a write-down of over £1,100 million of fixed assets.
Inevitably this implies the necessity for a substantial write-down of capital if the new company is to recover solvency and pay its way.
There was the amount of write-down, the amount of interest payable, and the length of postponement of the redemption of the debt.
But such a write-down scheme would make money available because less would have to be paid out in interest.
The write-down of the assets is between £2 billion and £3 billion.
There will be no question of write-down; it will be a question of write-up.
