debt restructuring

Definition

Court ordered or mutual agreement, between a financially troubled firm and its creditors, to reorganize its liabilities as a more feasible alternative to foreclosure or liquidation. Debt restructuring may involve debt forgiveness, debt rescheduling, and/or conversion of a portion of debt into equity.

Mentioned in these terms

Popular 'Accounting & Auditing' Terms

debt restructuring in the news

Loading...

This content can be found on the following page:

http://www.businessdictionary.com/definition/debt-restructuring.html

Search for another term



Tools

debt restructuring is...

... in the Accounting & Auditing, Banking, Commerce & Finance and Corporate, Commercial, & General Law subjects.

Nearby Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z