Home > Terms > English, UK (UE) > Composition

Composition

An agreement in which creditors consent to settling for less than the full amount they are owed.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Economy Category: International economics

Quantitative easing round 3 (QE3)

The U.S. Federal Reserve's 3rd round of stimulus aimed at shoring up the country's economy since the 2007 world financial crisis. It's designed to ...

Contributor

Featured blossaries

Glossary Project 1

Category: Education   3 20 Terms

Christian Prayer

Category: Religion   2 19 Terms