DEBT REFINANCING Definition

Bookmark and Share

DEBT REFINANCING involves raising new money to repay existing debt. It is often done and should not be confused with debt restructuring, a more fundamental process in which a borrower changes the structure of its debts (this usually happens when a borrower is unable to meet it's obligations; this may involve a reorganization of its liabilities, for instance by converting debt into equity. Debt rescheduling refers to a delay in the repayment of a debt, usually applying to both interest and principal payments, and can involve a renegotiation of the terms of the debt.

Learn new Accounting Terms

LOADED LABOR RATE is the employee hourly rate plus employee benefits, capital expenses, and other overhead.

ISO is Incentive Stock Option.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.