cross-debt
1cross-collateralization — USA cross collateralization, Also known as bootstrapping. A practice used in DIP financing arrangements in which a debtor grants its existing prepetition lender a security interest in assets acquired after the bankruptcy filing (such as… …
2Debt 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… …
3cross guarantee — ➔ guarantee2 * * * cross guarantee UK US noun [C] ► FINANCE a promise made by a number of companies in a group that a loan to one of the companies will be paid back, if that company cannot pay back the loan itself: »Although some of the company s …
4cross-guaranteed — cross guarantee UK US noun [C] ► FINANCE a promise made by a number of companies in a group that a loan to one of the companies will be paid back, if that company cannot pay back the loan itself: »Although some of the company s debt has a cross… …
5Cross City Tunnel — Overview Start New South Head Road End Western Distributor Operation Work begun …
6Cross-collateralization — is a term used when the collateral for one loan is also used as collateral for another loan. If a person has borrowed from the same bank a home loan secured by the house, a car loan secured by the car, and so on, these assets can be used as cross …
7cross–collateralize — vt ized, iz·ing: to secure (a preexisting debt) with cross collateral cross–collateralization n Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
8cross-stream guaranty — USA cross stream guaranty, Also known as a cross guaranty. A guaranty of debt or other obligations from a sister affiliate of the debtor. Glossary downstream guaranty ( …
9cross guaranty — USA cross stream guaranty, Also known as a cross guaranty. A guaranty of debt or other obligations from a sister affiliate of the debtor. Glossary downstream guaranty ( …
10cross–collateral — n: collateral given to secure preexisting unsecured debt in return for new loans Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
