Restructure: A revision of a financial agreement that alters the conditions or covenants of the original agreement. For example, parties may agree to restructure a loan agreement, easing the payment sche . . . View Full Definition
Agricultural Credit Act Of 1987: P.L. 100-233 (January 6, 1988) was enacted in response to the severe financial crisis of the early- to mid-1980s which affected both farmers and their lending institutions. The Act authorize . . . View Full Definition
Consolidated Farm And Rural Development Act Of 1961: P.L. 87-128 (August 8, 1961) authorized a major expansion of USDA lending activities, which at the time were administered by Farmers Home Administration (fmha), but now through the Farm Serv . . . View Full Definition
Homestead Protection: When a USDA farm loan borrower lacks the financial resources to make payments on a delinquent loan, is ineligible for a restructured loan, and is unable to buy out the loan at the net recove . . . View Full Definition
Bankruptcy: A form of debt relief, there are two kinds of bankruptcy. Personal bankruptcy: an individual, sole trader or partnership is formally declared bankrupt by the court (ie they cannot pay their . . . View Full Definition
Reorganization: Creation of a plan to restructure a debtor's business and restore its financial health.
Recapitalization Proposal: Often used in risk arbitrage. Plan by a target company to restructure its capitalization (debt and equity) in a way to ward off a hostile or potential suitor.
Memory Consolidation: The physical and psychological changes that take place as the brain organizes and restructures information that may become a permanent part of memory.
Private Equity: Private equity is an umbrella term for large amounts of money raised directly from accredited individuals and institutions and pooled in a fund that invests in a range of business ventures. . . . View Full Definition
Compound Growth Rate: Voluntary arrangement to restructure a firm's debt, under which payment is reduced.