TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

SCHEME ARRANGEMENT [2 records]

Record 1 2024-04-03

English

Subject field(s)
  • Law of Obligations (civil law)

French

Domaine(s)
  • Droit des obligations (droit civil)

Spanish

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Record 2 2004-07-21

English

Subject field(s)
  • Bankruptcy
  • Loans
DEF

An arrangement between a debtor and his/her creditors allowing the debts due to be paid as agreed by the creditors, rather than allow the debtor to go bankrupt. [Klein, Gerald. "Dictionary of Banking". Pitman Publishing, 1995].

French

Domaine(s)
  • Faillites
  • Prêts et emprunts
DEF

Convention conclue entre un débiteur insolvable et ses créanciers, ratifiée par le tribunal, par laquelle les créanciers consentent au débiteur soit une remise partielle de sa dette (concordat de remise), soit des délais de paiement (concordat d'atermoiement), soit les deux simultanément.

Spanish

Campo(s) temático(s)
  • Quiebras
  • Préstamos
DEF

Convenio entre los acreedores y el quebrado o concursado.

PHR

Escritura de concordato.

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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