TERMIUM Plus®

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

DEBT WORK OUT [1 record]

Record 1 2012-03-07

English

Subject field(s)
  • Finance
  • Commercial and Other Bodies (Law)
  • Restrictive Practices (Law)
CONT

Acquisition of collateral or receivables, acquisition resulting from a foreclosure or default or forming part of a debt work-out.

CONT

What is the difference between a debt workout and a debt consolidation for reduction or elimination of credit card debt and other unsecured debt?

Key term(s)
  • debt work out

French

Domaine(s)
  • Finances
  • Organismes commerciaux ou non (Droit)
  • Pratiques restrictives (Droit)
CONT

Acquisition de comptes à recevoir ou de garanties, acquisition résultant d'une forclusion ou d'un défaut ou acquisition en raison du règlement d'une dette.

Key term(s)
  • règlement de dettes

Spanish

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