Meanings of total writedowns in English

In the statement, it declared total writedowns from indirect exposure to sub-prime worth 817 million euros.

That brings the total writedowns from the sub-prime debacle to $18.4 billion, he said.

Despite a credit squeeze seven months in the making, a full picture of total writedowns expected from banks is still not available.

These bring total writedowns in Swiss Re's financial services unit, which creates products to transfer risk to capital markets, to nearly 3 billion francs.