debt-equity swap - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “debt-equity swap”

debt-equity swap

noun [C] ( also debt/equity swap)
 
 
( also debt-for-equity swap, debt swap)
FINANCE an agreement in which a company offers shares to its creditors (= banks and organizations that lend it money) so they will reduce the amount of its debt: The debt-for-equity swap could create more than 1.5 billion new shares.
ECONOMICS, FINANCE a financial arrangement in which a country's government gives local currency, shares, etc. to foreign investors who agree to pay part of the government’s foreign debts: The Treasury Secretary needs to establish a viable debt-equity swap program if it hopes to attract private foreign capital.
(Definition of debt-equity swap from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of debt-equity swap?
Add Cambridge dictionaries to your browser to your website

Word of the Day

cost/charge the earth

to cost, charge, etc. a lot of money

Word of the Day

The language of elections

by Liz Walter,
April 22, 2015
On May 7th, citizens of the UK will be going to the polls (having an election) to decide who will form the next government. This kind of election is known as a general election. The country is divided into 650 areas, called constituencies. Each constituency elects a member of parliament (MP) to

Read More 

dumbwalking noun

April 20, 2015
walking slowly, without paying attention to the world around you because you are consulting a smartphone He told me dumbwalking probably wouldn’t be a long-term problem.

Read More