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DEBT REORGANISATION / RESTRUCTURING

Statistics Directorate    
French Equivalent: Restructuration de la dette

Definition:
Any action officially agreed between creditor and debtor that alters the terms previously established for repayment. This may include forgiveness (extinction of the loan), or rescheduling which can be implemented either by revising the repayment schedule or extending a new refinancing loan.

Source Publication:
Glossary of Key Terms and Concepts. From the "Development Co-operation Report: Efforts and Policies of Members of the Development Assistance Committee".

Hyperlink:
http://www.oecd.org/development/stats/developmentco-operationreport2011.htm

Statistical Theme: Financial statistics

Created on Tuesday, September 25, 2001

Last updated on Monday, June 10, 2013