existing debt
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existing debt — To have an existing debt it is sufficient if there is an absolute debt owing though the period for its payment may not yet have arrived. A tax may be a debt within meaning of agreement to assume existing debts . Shepard v. Commissioner of… … Black's law dictionary
existing debt — To have an existing debt it is sufficient if there is an absolute debt owing though the period for its payment may not yet have arrived. A tax may be a debt within meaning of agreement to assume existing debts . Shepard v. Commissioner of… … Black's law dictionary
Debt overhang — is when an organization (for example, a business, government, or family) has existing debt so great that it cannot easily borrow more money, even when that new borrowing is actually a good investment that would more than pay for itself. This… … 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 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
pre-existing debt — See antecedent debt … Ballentine's law dictionary
Debt Restructuring — A method used by companies with outstanding debt obligations to alter the terms of the debt agreements in order to achieve some advantage. Companies use debt restructuring to avoid default on existing debt or to take advantage of a lower interest … Investment dictionary
Debt Overhang — A debt burden that is so large that an entity cannot take on additional debt to finance future projects, even those that are profitable enough to enable it to reduce its indebtedness over time. Debt overhang serves to dissuade current investment … Investment dictionary
Debt levels and flows — Public debt as a percent of GDP (2010) … Wikipedia
debt rescheduling — A negotiation concerning outstanding loans in which the debtor has repayment difficulties. The rescheduling can take the form of an entirely new loan or an extension of the existing loan repayment period, deferring interest or principal… … Big dictionary of business and management