debt arbitration
noun[U]
ukusFINANCE
theprocessofhelpingcompaniesthatoweor areowedmoneytofindanacceptableagreementforpayingback thedebt:
Forcreditors,debtarbitrationmakes itpossibletorecoupmore of theamountowedthan would bepossiblebyfilingasuitagainst thedebtor.