TERMIUM Plus®

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

COMPOSITION CREDITORS [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1998-11-03

English

Subject field(s)
  • Bankruptcy
  • Loans
DEF

The adjustment of a debt as agreed between the debtor and the creditor/s. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

Key term(s)
  • composition by remission

French

Domaine(s)
  • Faillites
  • Prêts et emprunts
DEF

Convention conclue entre un débiteur insolvable et ses créanciers, par laquelle ceux-ci lui consentent une remise partielle de sa dette.

OBS

Dans la «Loi sur la faillite et l'insolvabilité» du Canada, le mot «concordat» sans complément est donné comme équivalent de «composition».

Key term(s)
  • arrangement avec les créanciers

Spanish

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