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
principal obligation — See principal debt … Ballentine's law dictionary
principal — prin·ci·pal 1 / prin sə pəl/ adj 1: being the main or most important, consequential, or influential their principal place of business the principal obligor 2: of, relating to, or constituting principal or a principal the principal amount of the… … Law dictionary
debt security — see security Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. debt security … Law dictionary
debt securities — This term has a number of meanings depending on the context in which it is used: • Generally, a debenture, a government and public security or a warrant which confers a right in respect of an investment in a debenture or government and public… … Law dictionary
Debt Conciliation Board — Debt Conciliation Board, Govt. of Haryana कर्ज निपटान बोर्ड, हरियाणा सरकार Official logo of Revenue Department, Haryana Agency overview Formed 28 January 2007 Jurisdiction … 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
principal and surety — A contractual relationship whereby one party the surety agrees to pay the principal s debt or perform his or her obligation in case of the principal s default. Dictionary from West s Encyclopedia of American Law. 2005. principal and surety … Law dictionary
debt service coverage — ( DSC) The margin by which all of a borrower s or bond issuer s required principal payments (not just those for the loan under consideration or just those for loans to one bank) are exceeded by the sum of the firm s cash flow plus all of the… … Financial and business terms
debt service ratio — ➔ ratio * * * The proportion of a country s export earnings needed to cover interest and principal repayments of its foreign debts, particularly those owed by the public sector. A level of 20 percent is normally considered an acceptable… … Financial and business terms
