Rescheduling of Debt

(redirected from rescheduling)
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 ?
On the effect of the rescheduling years on Latin America, see Carmichael, supra note 5 at 139; Rudiger Dornbusch, in Developing Country Debt And The World Economy, supra note 11, at 310; Lindert, supra note 4, at 262-63; and Sloan, supra note 8, at 111.
Proponents of rescheduling concede that few case-controlled, double-blind studies have been performed on marijuana in its natural form.
Now, "the scientific, medical, and epidemiological data are robust and support rescheduling [of hydrocodone combination products] into scheddle II," according to the final rule.
Peter Kaboli, of the department of internal medicine at the University of Iowa in Iowa City, said that when considering the CSA's list of factors used to determine scheduling of drugs with abuse potential, "it seemed pretty clear to me that the preponderance of the evidence supported rescheduling." Those factors include the drug's actual or relative potential for abuse; scientific evidence of its pharmacologic effect; history and current pattern of abuse; and the scope, duration, and significance of abuse.
"Since signing the rescheduling agreement, Global has made interest payments of $82 million in addition to settling the 20 million Kuwaiti dinar ($71.1 million) bond on its due date of 23 December 2009, less than two weeks after signing the debt rescheduling agreement," the statement said.
But subsequent subsidies involved in the rescheduling of the debt must comply with the rules," says the announcement of the European Commission.
Pervez Musharraf asked Japanese Prime Minister Yoshiro Mori on Monday to assist Pakistan in getting another debt rescheduling arrangement with donor countries and the International Monetary Fund (IMF), Foreign Office spokesman Riaz M.
PT Chandra Asri Petrochemical Centre (CAPC) has applied for a rescheduling of all debts (US$ 830 million) to the Japanese banks syndicate and 5 domestic banks for a period of three years.
Summary: New Delhi [India], Apr 21 (ANI): Air India on Sunday announced that it will waive off all charges for rescheduling and cancelling of flights booking to and from Colombo till April 24 in the wake of multiple blasts in Sri Lanka.
The company said it received confirmations for credit approvals from all lenders for the loan rescheduling.
In addition, rescheduling is likely to have some negative consequences, panelists noted.
PREMIER LEAGUE chiefs will meet on Monday night to fast track the rescheduling of games postponed over the Christmas period.