scheme of arrangement

scheme of arrangement
Restructuring of share capital involving the issuance of new securities and/or cash. Euroclear Clearing and Settlement glossary
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A non-optional event proposed by a company on its share capital. London Stock Exchange Glossary

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scheme of arrangement ˌscheme of arˈrangement noun [countable]
LAW a legal arrangement that is made when a company cannot pay all its debts, which arranges for the company to pay as much as it can

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scheme of arrangement UK US noun [C] (also scheme of reconstruction) LAW, FINANCE
an agreement between a company and its shareholders or creditors for it to change its financial structure, for example when it is being bought by another company: »

A shareholder meeting to vote on a scheme of arrangement to conclude the takeover was likely to be held in November.


Financial and business terms. 2012.

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Look at other dictionaries:

  • scheme of arrangement — index configuration (form), method Burton s Legal Thesaurus. William C. Burton. 2006 scheme of arrangemen …   Law dictionary

  • Scheme of arrangement — Schemes of arrangement (or a scheme of reconstruction ) is a court approved agreement between a company and its shareholders or creditors (e.g. lenders or debenture holders). It may effect mergers and amalgamations and may alter shareholder or… …   Wikipedia

  • scheme of arrangement — A compromise agreement made between a company and its shareholders or creditors as an alternative to bankruptcy. This is usually achieved by applying the assets and income of the debtor in proportionate payments to the creditors. This is… …   Accounting dictionary

  • scheme of arrangement — /ˌski:m əv ə reɪndʒmənt/ noun a scheme drawn up by an individual or company to offer ways of paying debts, so as to avoid bankruptcy proceedings. Also called voluntary arrangement …   Dictionary of banking and finance

  • scheme of arrangement — See arrangement …   Big dictionary of business and management

  • scheme of arrangement — Restructuring of share capital involving the issuance of new securities and/or cash …   Euroclear glossary

  • arrangement — UK US /əˈreɪndʒmənt/ noun ► [C, usually plural] a plan or preparation for how something will happen: make an arrangement »There wasn t enough time for him to make alternative arrangements. arrangement (for sb) to do sth »Some people have very… …   Financial and business terms

  • arrangement — 1) A method of enabling a debtor to enter into an agreement with any creditors (either privately or through the courts) to discharge his or her debts by partial payment, as an alternative to bankruptcy. This is generally achieved by a scheme of… …   Big dictionary of business and management

  • arrangement — Synonyms and related words: Nachtmusik, abatement of differences, absolute music, accommodation, accord, adaptation, adjunct, adjustment, adornment, affair, agreement, air varie, aleatory, aleatory music, alignment, analysis, anatomy, appointment …   Moby Thesaurus

  • scheme — Synonyms and related words: Byzantine intrigues, action, anagnorisis, angle, approach, architectonics, architecture, argument, arrangement, art, artful dodge, artifice, atmosphere, attack, background, backstairs influence, bag of tricks, blind,… …   Moby Thesaurus

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