In Australia a Part IX debt agreement is a legally binding agreement between a debtor and their creditors, and is only to be used where the debtor is insolvent.
Financial and business terms. 2012.
Agreement on German External Debts — London Agreement on German External Debts also known as the London Agreement, was a debt relief treaty between the Federal Republic of Germany on one part and on Belgium, Canada, Ceylon, Denmark, the French Republic, Greece, Iran, Ireland, Italy … Wikipedia
debt — n [Old French dette, ultimately from Latin debita, plural of debitum debt, from neuter of debitus, past participle of debere to owe] 1: something owed: as a: a specific sum of money or a performance due another esp. by agreement (as a loan… … Law dictionary
Debt-for-nature swap — Debt for nature swaps are financial transactions in which a portion of a developing nation s foreign debt is forgiven in exchange for local investments in environmental conservation measures. Contents 1 History 2 How Debt for Nature Swaps Work 3… … Wikipedia
Debt relief — is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations. From antiquity through the 19th century, it refers to domestic debts, in particular agricultural debts and… … Wikipedia
Debt restructuring — is a process that allows a private or public company – or a sovereign entity – facing cash flow problems and financial distress, to reduce and renegotiate its delinquent debts in order to improve or restore liquidity and rehabilitate so that it… … Wikipedia
Debt settlement — Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full.[1] Debt settlement is… … Wikipedia
debt adjustment — ➔ adjustment * * * debt adjustment UK US noun [C or U] ► FINANCE the process of making a new legal agreement so a person, company, etc. which is in financial difficulties can pay back its debt more easily. The agreement includes new plans about… … Financial and business terms
debt — debt, indebtedness, obligation, liability, debit, arrear mean something, and especially a sum of money, that is owed another. Debt usually implies that the amount is owed in return for goods, property, or services and can be definitely computed… … New Dictionary of Synonyms
agreement — agree·ment n 1 a: the act or fact of agreeing by mutual agreement b: unity of opinion, understanding, or intent; esp: the mutual assent of contracting parties to the same terms if they reach agreement ◇ Under common law, agreement is a necessary… … Law dictionary
debt security — see security Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. debt security … Law dictionary
