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Write off |
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Write offCharging an asset amount to expense or loss, such as through the use of depreciation and amortization of assets.Write off Similar MatchesBuy and write strategyBuy and write strategyAn options strategy that calls for the purchase of stocks and the writing of covered call options on them. Naked writerNaked writerSee Uncovered call writing and Uncovered put writing. UnderwriterUnderwriterA financial institution which, in return for a fee or commission, agrees to purchase unsold shares in a new issue, if the issue is not fully subscribed.From the company's point of view, having its new issue underwritten is a form of insurance. It means that if it has priced an issue too high and the market shuns it, the company can still be sure that it will get money from the new issue.Of course, security comes at a price. Underwriters charge a fee for the back-up they provide. If the new issue is very popular, it will pocket that fee and make a handsome profit. Occasionally, they get badly burned. New issues underwritten immediately before the 1987 stock market crash lost a lot of money.Sometimes companies do a rights issue at a deep discount to reduce the underwriting fees. Write downWrite downReducing the book value of an asset if its is overstated compared to current market values. Managing underwriterManaging underwriterThe leading firm in an underwriting group, which originates the deal and acts as an agent for the group. Further SuggestionswriterUnderwriters discount Lead underwriter Ratio writer Option writer Variable Ratio Write ration write Covered writer Buy write Covered Straddle Write option writer Underwrite Write Underwriter |
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