Talk:Write-off

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[edit] Love the image

Just got an image in my head of somone driving a long, seeing that car mangled by the road and thinking, oh that would be an ideal shot for the write off page on Wikipedia! AJUK ^Talk!! 00:37, 14 February 2008 (UTC)

On terminology: I'm not a finance expert, but I do know that debt has been commoditized- i.e. you can sell it as you would a commodity. My assumption is that lenders, when they "write down" bad debt, do not put a goose egg on the balance sheet, but rather the price of the debt on the open market to debt collectors. It's not that the debt is completely uncollectable, just that the bank can make more monay selling it than trying to collect it themelves. Any thoughts? (BTW good photo) —Preceding unsigned comment added by 70.88.236.241 (talk) 14:59, 15 March 2008 (UTC)

Can someone who knows what they're doing add a redirect from 'writedown' (which currently doesn't exist) here? The hyphen's starting to be dropped in the news. —Preceding unsigned comment added by 128.2.17.193 (talk) 04:19, 2 April 2008 (UTC)