recasting

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recasting

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

References in periodicals archive ?
* Raising full-year adjusted earnings guidance to a range of $5.68 to $5.88 per diluted share, including the benefit of expected share repurchases in 2019 and reflecting 10 percent growth at the midpoint versus recast 2018
An explanation of the result analysis is described by the observation and calculated length of the recast layer.
(1) RoHS recast (eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2011:174:0088:0110:en:pdf)
Recast says all biomass fuel used in the plant will be sourced in Puerto Rico, and there will be no imports from offshore.
Restricted substances also play a major part in the recast with four identified for priority assessment (within three years) three plasticizers (BBP, DBP, DEHP) and a flame retardant (HBCDD).
The European Commission's Web site (http://ec.europa.eu) provides a copy of the recast.
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.
The ReCast [TM] parts are described as field-proven to perform as new and to provide cost savings of up to 40 percent vs.
The lack of new construction in our region and the ability of New York City's existing owners to recast their current building financing at interest rates not experienced for decades.
Callaghan and Habib have thus offered texts which recast Shakespeare in an uncomfortable mold, making him a font of problems of gender, race and imperialism.
MH: CFOs and financial organizations have to recast their thinking.
James Bond has to be recast every decade or so, new Starship crews must be recruited, or prequels devised to allow for fresh faces.