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].

---

词条贡献者

译者张文，国际知名商学院金融专业，擅长翻译各种与结构性融资及衍生品诉讼相关的法律文件。