Rescheduling of Debt

(redirected from reschedule)
Also found in: Dictionary, Thesaurus.

Rescheduling of Debt

The extension of the repayment period of a loan. Rescheduled loans are most common when the borrower informs the lender that he/she will be unable to repay the loan in time, or when the borrower cannot afford payments. Because a default would hurt both the borrower and the lender, the lender often works with the borrower through options, such as rescheduling the repayment.
Mentioned in ?
References in periodicals archive ?
In the context of its privatisation, several public authorities agreed to waive outstanding debts of around 25 million and to reschedule debts of 0.
NORDIC BUSINESS REPORT-28 July 2003-Frontier Drilling ASA reschedules maturity of credit facilities(C)1994-2003 M2 COMMUNICATIONS LTD http://www.
Creditors agreed to reschedule debt to avoid loss of principal through default on one hand and subside the debt burden of the country on the other hand.
According to Japanese Ambassador Yukio Takeuchi, Japan has agreed with Indonesia to reschedule debts totaling $2.
But anytime we speak, we receive hints the IMF will not agree to reschedule our loans.
Banks have agreed to reschedule debt of 32 red sea resorts in 2013.
Technical reasons forced PIA to reschedule PK 743 Karachi-Madinah which took off at 7:00 AM Tuesday morning.
The star has been diagnosed with acute laryngitis and plans to reschedule the show.
The TV companies will want to reschedule top Premiership games for Sunday,Monday or even Tuesday of that week, which could mean Wales boss Mark Hughes demanding such Premiership stars as Ryan Giggs, Criag Bellamy and Gary Speed be released from their clubs in order to join up with the national squads.
Cleveland wanted to reschedule, but Birmingham declined.
Japan has agreed to reschedule debt worth 600 million dollars owed by Pakistan as part of a package Pakistan has concluded with the International Monetary Fund (IMF), a local newspaper reported Tuesday.
Earlier, Amethi District Magistrate Yogesh Kumar had requested Congress district president to reschedule visit of Rahul Gandhi, from October 4 to October 6, in the view of Muharram and Durga idol immersion.