Workout

Resource type: Glossary item

Status: Maintained

Jurisdictions: England, Wales

Also known as a restructuring. Informal repayment or restructuring arrangement between a borrower and creditors.

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Resource ID: 5-107-7519
Products: IP&IT, PLC Glossary, PLC Magazine (UK), PLC UK Commercial, PLC UK Construction, PLC UK Corporate, PLC UK Dispute Resolution, PLC UK Employment, PLC UK Environment, PLC UK Finance, PLC UK Law Department, PLC UK Pensions, PLC UK Property, PLC UK Share Schemes & Incentives
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