debt renegotiation
noun[U]
ukusFINANCE
theprocessofpayingadebtover alongerperiodoftimethanoriginallyagreed, orpayingback less than theoriginaldebt:
Thedebtrenegotiationprocessmayentailmanychanges:extensionofmaturitydate,changesininterestrates, etc.
Examplesofdebt renegotiation
debt renegotiation
The wide array of parties, parameters and processes involved in a short sale can make it a complex and highly specialized form ofdebtrenegotiation.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Next, there were western attitudes ondebtrenegotiation.
From the
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