TERMIUM Plus®

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

debt workout [3 records]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

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

Save record 1

Record 2 2011-10-12

English

Subject field(s)
  • Loans
  • Foreign Trade
DEF

Change in the agreed conditions of a credit or loan that favour the borrower, due to this party being unable to comply with its commitments or take advantage of market circumstances. The restructuring tends to involve extended payment terms, moratoria, interest rate reductions, setting up of grace periods, or the change from a variable to a fixed rate of interest.

CONT

Banks have had and will continue to have opportunities to restructure their portfolio of loans to designated countries by such means as debt auctions, debt purchases, debt swaps and debt refinancing. [Office of the Superintendent of Financial Institutions].

OBS

Definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.

Key term(s)
  • debt workout

French

Domaine(s)
  • Prêts et emprunts
  • Commerce extérieur
DEF

Changement dans les conditions convenues d'un crédit ou d'un prêt de façon favorable pour le débiteur, étant donné l'impossibilité financière et patrimoniale de celui-ci profite de la conjoncture du marché. La restructuration inclut normalement le délai de paiements, le moratoire, la réduction du taux d'intérêt, l'établissement de périodes de grâce, le changement d'intérêt variable à fixe, etc.

CONT

Les banques continuent de restructurer leur portefeuille de prêts consentis aux pays désignés par la vente de titres aux enchères, l'acquisition de titres, les swaps de titres et la restructuration de ces dettes. [Bureau du surintendant des institutions financières].

OBS

restructuration de la dette : terme et définition extraits du CAPITAL Business Dictionary et reproduits avec l'autorisation de LID Editorial Empresarial.

Spanish

Campo(s) temático(s)
  • Préstamos
  • Comercio exterior
DEF

Cambio en las condiciones pactadas de un crédito o préstamo de forma favorable para el deudor, debido a la imposibilidad financiera y patrimonial de éste para cumplir sus compromisos, o porque éste aprovecha la coyuntura del mercado. La reestructuración suele incluir aplazamiento de pagos, moratoria, reducción del tipo de interés, establecimiento de períodos de gracia o cambio de interés variable a fijo.

OBS

reestructuración de la deuda: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.

Save record 2

Record 3 2010-07-15

English

Subject field(s)
  • Financial and Budgetary Management
  • National and International Economics
  • Foreign Trade
DEF

The process of working out a satisfactory method whereby the debtor country can repay external debt, including restructuring, adjustment, and the provision of new money.

French

Domaine(s)
  • Gestion budgétaire et financière
  • Économie nationale et internationale
  • Commerce extérieur

Spanish

Save record 3

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