Meaning of “debt arbitrator” in the English Dictionary

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"debt arbitrator" in Business English

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debt arbitratornoun [ C ]

uk us

FINANCE a person whose job is to solve financial problems between companies by helping them make new arrangements for paying back a debt:

Debt arbitrators work with the debtor and his creditors to develop a repayment schedule that is agreeable to all parties.

(Definition of “debt arbitrator” from the Cambridge Business English Dictionary © Cambridge University Press)