credit restructuring
[/ˈkrɛdɪt ˌriːstrʌkˈtʃərɪŋ/]
nounpl: credit restructurings
reestruturação de crédito
1. The process of modifying the terms and conditions of an existing credit agreement or loan to make it more manageable for the borrower, typically involving changes to payment schedules, interest rates, or principal amounts
The bank offered credit restructuring to help the struggling company avoid bankruptcy.
O banco ofereceu reestruturação de crédito para ajudar a empresa em dificuldades a evitar falência.
2. A financial arrangement where a lender reorganizes debt obligations to improve the borrower's ability to repay
Credit restructuring allowed the family to reduce their monthly mortgage payments.
A reestruturação de crédito permitiu que a família reduzisse seus pagamentos mensais de hipoteca.
3. In corporate finance, the renegotiation of debt terms between creditors and a debtor company
The multinational corporation underwent credit restructuring to strengthen its balance sheet.
A corporação multinacional passou por reestruturação de crédito para fortalecer seu balanço patrimonial.
Credit restructuring is a significant concept in both Brazilian and American financial systems, particularly relevant during economic crises or personal financial hardship. In Brazil, it gained prominence during economic downturns and is commonly discussed in the context of consumer protection laws and banco central regulations. In the USA, it became especially important after the 2008 financial crisis and is regulated by agencies like the Consumer Financial Protection Bureau.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →