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GO BANKRUPT [3 records]
Record 1 - internal organization data 2004-07-21
Record 1, English
Record 1, Subject field(s)
- Bankruptcy
- Loans
Record 1, Main entry term, English
- arrangement
1, record 1, English, arrangement
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
- arrangement with creditors 2, record 1, English, arrangement%20with%20creditors
correct
- compromise 3, record 1, English, compromise
correct, federal act, noun
- scheme of arrangement 4, record 1, English, scheme%20of%20arrangement
federal act
Record 1, Textual support, English
Record number: 1, Textual support number: 1 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]. 5, record 1, English, - arrangement
Record 1, French
Record 1, Domaine(s)
- Faillites
- Prêts et emprunts
Record 1, Main entry term, French
- concordat
1, record 1, French, concordat
correct, federal act, masculine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 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. 2, record 1, French, - concordat
Record 1, Spanish
Record 1, Campo(s) temático(s)
- Quiebras
- Préstamos
Record 1, Main entry term, Spanish
- concordato
1, record 1, Spanish, concordato
correct, masculine noun
Record 1, Abbreviations, Spanish
Record 1, Synonyms, Spanish
Record 1, Textual support, Spanish
Record number: 1, Textual support number: 1 DEF
Convenio entre los acreedores y el quebrado o concursado. 2, record 1, Spanish, - concordato
Record number: 1, Textual support number: 1 PHR
Escritura de concordato. 2, record 1, Spanish, - concordato
Record 2 - internal organization data 2000-07-13
Record 2, English
Record 2, Subject field(s)
- Corporate Economics
- National and International Economics
Record 2, Main entry term, English
- unserviceable debt
1, record 2, English, unserviceable%20debt
correct
Record 2, Abbreviations, English
Record 2, Synonyms, English
Record 2, Textual support, English
Record number: 2, Textual support number: 1 CONT
Wharton is a powerful symbol of where our country went wrong in the 1980s. It was here at Wharton that Michael Milken got the idea to use junk bonds to leverage corporate buyouts--a quick-buck scheme that was supposed to shake up failed management but too often forced corporations to lay off workers in formerly profitable plants, reduce R&D, and ultimately to go bankrupt or sell out again under the crushing burden of unserviceable debt. 2, record 2, English, - unserviceable%20debt
Record number: 2, Textual support number: 2 CONT
Even the stronger enterprises were not immune from the problem of unserviceable debt as the state had in the past arbitrarily absorbed their profits and forced them to build up a large stock of debt. 3, record 2, English, - unserviceable%20debt
Record number: 2, Textual support number: 3 CONT
Total Third World debt is in the hundreds of billions, piled up under the auspices of the World Bank and sister agencies when they were attempting to impose their brand of global statism on any country desperate or corrupt enough to accept the money. The majority of these loans are unlikely to be repaid, especially those to the poorest nations. This creates a problem for the people who run the World Bank, a band of bureaucrats who for years claimed that their lending practices were sound and that their loan default rates were low. What the loans did, aside from provide tax-free employment opportunities for thousands of World Bank credit officers, was create scores of nations with large, unserviceable debt burdens. 3, record 2, English, - unserviceable%20debt
Record 2, French
Record 2, Domaine(s)
- Économie de l'entreprise
- Économie nationale et internationale
Record 2, Main entry term, French
- dette non remboursable
1, record 2, French, dette%20non%20remboursable
proposal, feminine noun
Record 2, Abbreviations, French
Record 2, Synonyms, French
Record 2, Textual support, French
Record 2, Spanish
Record 2, Textual support, Spanish
Record 3 - internal organization data 1997-10-27
Record 3, English
Record 3, Subject field(s)
- Finance
- Pensions and Annuities
Record 3, Main entry term, English
- recognition bond 1, record 3, English, recognition%20bond
Record 3, Abbreviations, English
Record 3, Synonyms, English
Record 3, Textual support, English
Record number: 3, Textual support number: 1 CONT
... the workers already in the workforce, who had contributed to the state [pension] system, were given the option of staying in the system even though we thought its future was problematic. Those who moved to the new system received what we call a "recognition bond", which acknowledges their contributions to the old system. When those workers retire, the government will cash the bonds. New workers have to go into the new private system because the old system is bankrupt. 1, record 3, English, - recognition%20bond
Record 3, French
Record 3, Domaine(s)
- Finances
- Pensions et rentes
Record 3, Main entry term, French
- obligation de reconnaissance
1, record 3, French, obligation%20de%20reconnaissance
proposal, feminine noun
Record 3, Abbreviations, French
Record 3, Synonyms, French
- titre de reconnaissance 1, record 3, French, titre%20de%20reconnaissance
proposal, masculine noun
- effet de reconnaissance 1, record 3, French, effet%20de%20reconnaissance
proposal, masculine noun
Record 3, Textual support, French
Record 3, Spanish
Record 3, Textual support, Spanish
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