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Debt rescheduling
Adjustment of the terms applying to the existing liabilities of an overindebted company or country; for example, a reduction of interest rates and an extension of the time required for payment. See also moratorium.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
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