### Clue: Bob, for example, gets write-down of loan (7)
### Answer: HAIRCUT 
 ### Explanation: Definition: Bob, for example,write-down of loan 
 Double defn: 1st: An example of which is the bob; and 2nd: The financial term defined as the difference between a loan given and the value of the collateral pledged against it, ie. the write-down;decrease in value to determine the loan amount.