debt-equity swap Definition in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Definition of “debt-equity swap” - English Dictionary

Definition of "debt-equity swap" - Business English Dictionary

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
Word of the Day

harvest

to pick and collect crops, or to collect plants, animals, or fish to eat

Word of the Day

Meerkat meme
Meerkat meme
by Colin McIntosh,
September 03, 2015
Meerkats are not new to popular culture (they appear in the folk tales of the San people of the Kalahari), but their arrival in the public’s consciousness, at least in the UK and the US, is a relatively recent phenomenon. Meerkats are small, sociable Southern African mammals that live in large family

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More