Debt
121debt arbitrator — UK US noun [C] ► FINANCE a person whose job is to solve financial problems between companies by helping them make new arrangements for paying back a debt: »Debt arbitrators work with the debtor and his creditors to develop a repayment schedule… …
122debt consolidation — UK US noun [U] FINANCE ► a method used for managing debt, in which you take out a single new loan and use it to pay back several of your other debts: »The OFT said that the majority of debt consolidation loans took the form of a second mortgage …
123debt consolidator — UK US noun [C] FINANCE ► a company that provides services for managing debt, for example, a single new loan that is used for paying back several smaller debts: »Our debt consolidators will help your reduce interest charges, to lower your monthly… …
124debt deflation — UK US noun [U] (also collateral deflation) ► ECONOMICS, FINANCE the situation in which collateral (= property that will be sold or collected to make certain a debt is paid) becomes less valuable: »The effects of a bust will be rising unemployment …
125debt recovery — UK US noun [U] ► FINANCE the process of making people or companies pay the money that they owe to other people or companies, when they have not paid back the debt at the time that was arranged: »When problems arise, professional debt recovery has …
126debt reduction — UK US noun [U] ► FINANCE the process of paying back part of a debt: »a debt reduction programme/plan/initiative …
127debt refinancing — UK US noun [U] ► FINANCE the act of borrowing more money in order to pay a debt that you already have: »The crisis was averted with an £840m debt refinancing package …
128debt reorganization — UK US noun [U] ► ECONOMICS, FINANCE DEBT RESTRUCTURING(Cf. ↑debt restructuring) …
