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

法律翻译晓琳，国际知名商学院金融专业，专注翻译各类与金融服务与投资管理有关的法律文件。