| 单词 | standstill agreement |
| 释义 | standstill agreement 1) An agreement between two countries in which a debt owed by one to the other is held in abeyance until a specified date in the future. 2) An agreement between an unwelcome bidder for a company and the company, in which the bidder agrees to buy no more of the company's shares for a specified period. 3) An arrangement between banks who have loans to a company in trouble, in which they each agree to maintain their existing credit facilities and not to force the company into receivership by acting alone. |
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