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

piglet

a baby pig

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

stackin’ p

March 30, 2015
idiom slang earning a lot of money ‘That’s a very generous present.”Yeah, well, she’s stackin’ p, innit?’

Read More