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.

News containing the term debt restructuring

Loading...



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




Enter your email address to get our free Term of the Day newsletter!

Mentioned in these terms

Nearby Terms

Popular 'Accounting & Auditing' Terms

Search volume for debt restructuring

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