Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “scheme of arrangement”

scheme of arrangement

noun [C]
 
 
( also scheme of reconstruction) LAW, FINANCE
an agreement between a company and its shareholders or creditors for it to change its financial structure, for example when it is being bought by another company: A shareholder meeting to vote on a scheme of arrangement to conclude the takeover was likely to be held in November.
(Definition of scheme of arrangement from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of scheme of arrangement?
Add Cambridge dictionaries to your browser to your website

Word of the Day

white Christmas

a Christmas when it snows

Word of the Day

Cleavage proves divisive in Cambridge’s words of 2014

by Alastair Horne,
December 19, 2014
​​​​ Other dictionaries may choose faddish novelties as their words of the year, but here at Cambridge, we like to do something different. We look for the words that have seen sudden surges in searches over the course of the year – words that have been baffling users of English and driven them

Read More 

cinderella surgery noun

December 15, 2014
cosmetic surgery to the feet We have all heard of people having nose jobs, boob jobs and liposuction – but now a new trend growing in popularity in America: Cinderella surgery.

Read More