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单词 debt restructuring
释义

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.
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更新时间:2025/4/17 15:45:01