Concept information
Preferred term
debt rescheduling
Definition
- Debt rescheduling is the reorganization of an outstanding debt amount (stock) and/or its terms. Debt rescheduling is undertaken in situations where the debtor faces serious obstacles in repaying the debt, either on time or at all. [Source: Encyclopedia of Business in Today's World; Debt Rescheduling]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/debt_rescheduling
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