recasting

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recasting

Renegotiating a loan in the face of an impending or actual default. See workout.

References in periodicals archive ?
Join our complimentary webinar on Thursday 12 June to find out more about the WEEE Recast Directive and how ENVIRON can help your company to identify its legal exposure and manage compliance to the national WEEE Recast Regulations in each of the 28 EU Member States.
Before the instructor published an interrogative recast to correct for verb choice and ask if it were a matter of not getting enough sleep Besazo published the correct verb-form and marked it with an asterisk for salience.
ReCast [TM] samples achieved greater than 6,500 psi at Percentage Elongations exceeding 500 percent.
701-2(b) sets forth a list of administrative actions that the Commissioner may employ to recast transactions where the tax results under the form of a transaction are deemed to subvert the subchapter K rules, to contravene the economic arrangements of the parties or economic substance of a transaction, or otherwise to circumvent other provisions of the Code.
In a large-value netting arrangement, the recast of the settlement could remove significant credits that other participants were relying on to meet their own obligations and thus cause them to be unable to settle.
3% of prime loans are 60 or more days delinquent prior to recast, delinquencies the year after recast increased to 9.
It is only the first time Daario's character has seen a recast in the show.
You either see a swirl and feel nothing, or you just feel the trout for a split second as you pull the fly out of its mouth on the recast.
If such a loan were recast by the IRS as a loan to the parent and then a loan from the parent to the subsidiary, it would set the stage for the possible application of the earnings stripping provisions.
option ARM RMBS is likely to continue its decline as $134 billion of these loans will recast over the next two years, according to Fitch Ratings.
The development of ABG Shipyard availing the debt recast programme comes at a time when bankers are becoming increasingly wary of the peer, Bharati Shipyard's Rs 5,860-crore debt recast plan.
6, 2011 /PRNewswire/ -- omNovia Technologies, a leading global provider of web conferencing, high quality webinars, engaging online trainings and live event HD video webcasting solutions, announced the full release of its patent-pending Recast technology.