A general term covering both the rescheduling or refinancing of debt-service payments in arrears and/or of future debt-service payments, in response to external payment difficulties. Français: Restructuration de la dette Español: Reestructura de deuda, renegociación de los pagos (del servicio) de la deuda
Various proposals for relieving the debt burden of developing countries. The indebtedness of many developing countries has been increasing dramatically since 1973; most of the loans have been granted by private commercial banks rather than foreign governments. Many governments are currently unable to service their debt. Debt restructuring could involve complete or partial debt forgiveness, temporary or permanent debt moratorium, interest rate
an event in which a debtor is in financial difficulty and a creditor grants a concession to the debtor in accordance with a mutual agreement or a judgment by a court
Debt rescheduling and debt refinancing.
Changing the characteristics, such as maturity or interest rate, of an entity's outstanding debt. Such changes can be effected by issuing long-term debt and retiring short-term debt (or vice versa), or by negotiating with creditors.
Debt restructuring is a method used by individuals or organizations to alter the terms of debt agreements and obligations in hopes of achieving some sort of financial advantage.
Debt restructuring is a plan for business, which is made to make possible to continue business operation without danger from debt. It is usually cheaper and safer than bankruptcy. The only cost associated with a business debt restructuring is the time to negotiate with bankers, creditors, tax authorities and suppliers.