haircut reorganization

A restructuring that reduces the principal amount of indebtedness owed to creditors.

• The more common usage is simply haircut [we took a haircut on that deal].

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词条贡献者

法律翻译Dan，在一家专注于能源领域的国际律师事务所担任全职法律翻译，擅长翻译有关新兴技术领域的法律文件。