Writedown

A 10-hour meeting in Brussels failed to yield a blueprint for banks’ role in a revamped Greek rescue as European finance ministers haggled over what they called a “credible firewall” against fallout from deeper writedowns.
http://www.bloomberg.com/news/2011-10-22/hours-of-eu-talks-yield-limited-progress-on-banks-role-in-greek-crisis.html


Italy’s Vittorio Grilli was given the mission by euro-area finance ministers to negotiate deeper writedowns with investors on Greek debt in a second aid package, Austrian Finance Minister Maria Fekter said. 

http://www.bloomberg.com/news/2011-10-22/italy-s-grilli-gets-mandate-to-negotiate-greek-writedown-plan.html

writedown 은 우리 나라 말로는 부실상각 이라고 하는거 같은데..


A writedown is an accounting treatment that recognizes the reduced value of an impaired asset. The value of an asset may change due to fundamental changes in technology or markets.
http://en.wikipedia.org/wiki/Write-off#Writedown

A writedown is a non-cash expense that reduces the value of an asset on the balance sheet.
http://wiki.fool.com/Writedown