Debt Rescheduling

AAA

DEFINITION of 'Debt Rescheduling'

A practice that involves restructuring the terms of an existing loan in order to extend the repayment period. Debt rescheduling may mean a delay in the due date(s) of required payments or reducing payment amounts by extending the payment period and increasing the number of payments.

INVESTOPEDIA EXPLAINS 'Debt Rescheduling'

Debt rescheduling is one way to provide a borrower with relief when needed due to an economic downturn or other unforeseen personal event (i.e. job loss, illness etc.).

RELATED TERMS
  1. Debt Ratio

    A financial ratio that measures the extent of a company’s or ...
  2. Debt Discharge

    The cancellation or forgiveness of a debt. Debt discharge results ...
  3. Bad Debt

    A debt that is not collectible and therefore worthless to the ...
  4. Debt

    An amount of money borrowed by one party from another. Many corporations/individuals ...
  5. Debt Restructuring

    A method used by companies with outstanding debt obligations ...
  6. Secured Debt

    Debt backed or secured by collateral to reduce the risk associated ...
Related Articles
  1. How To Find A Credit Counselor
    Insurance

    How To Find A Credit Counselor

  2. Stop Keeping Up With The Joneses - They're ...
    Budgeting

    Stop Keeping Up With The Joneses - They're ...

  3. How Much Debt Can You Handle?
    Budgeting

    How Much Debt Can You Handle?

  4. 5 Signs That You're Living Beyond Your ...
    Budgeting

    5 Signs That You're Living Beyond Your ...

comments powered by Disqus
Hot Definitions
  1. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  2. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  3. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  4. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  5. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  6. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
Trading Center