General Glossary

General Glossary

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Warrant 

A tradable security that entails the right to buy or sell an underlying asset at a fixed price.

Write-down 
A downward adjustment to the value of loans recorded in the balance sheets of MFIs when it is recognised that the loans have become partly unrecoverable.
Write-off 
The removal of the value of loans from the balance sheets of MFIs when the loans are considered to be totally unrecoverable.
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