debt-equity swap Meaning in the Cambridge English Dictionary

Meaning of “debt-equity swap” in the English Dictionary

"debt-equity swap" in Business English

See all translations

debt-equity swapnoun [C]

(also debt/equity swap) uk   us   (also debt-for-equity swap, debt swap)
FINANCE an ​agreement in which a ​companyoffersshares 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 ​financialarrangement in which a country's ​government gives ​localcurrency, ​shares, etc. to ​foreigninvestors who ​agree to ​paypart of the government’s ​foreigndebts: The Treasury ​Secretaryneeds to ​establish a ​viable debt-equity ​swapprogram if it hopes to ​attractprivateforeigncapital.
(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

“debt-equity swap” in Business English

Word of the Day

nothing of the kind

used to emphasize a negative statement

Word of the Day

There is no such thing as a true synonym in English. Discuss!
There is no such thing as a true synonym in English. Discuss!
by Kate Woodford,
November 25, 2015
In the Cambridge Advanced Learner’s Dictionary the word ‘synonym’ is defined as ‘a word or phrase that has the same or nearly the same meaning as another word or phrase in the same language’. As you might expect, definitions for this word are broadly similar in other dictionaries and yet the italicized

Read More 

climatarian adjective
climatarian adjective
November 23, 2015
choosing to eat a diet that has minimal impact on the climate, i.e. one that excludes food transported a long way or meat whose production gives rise to CO2 emissions Climate change is not normally on people’s minds when they choose what to have for lunch, but a new diet is calling for

Read More