COMPOSITION WITH CREDITORS

composition with creditors 与债权人达成的和解协议 债权人为尽早受偿，与陷于破产或财务困难的债务人达成协议，同意债务人按同一比例偿付债务，从而免除其清偿全部债务的责任。它也构成债权人之间的协议，即各债权人均同意从债务人的资产中按低于原债务额受偿。如果和解协议明示或秘密地对特定债权人有利，则构成优先受偿，视为「破产行为」，该规定可见于美国联邦《破产法典》〔Bankruptcy Code〕。 (→bankruptcy proceedings; arrangement with creditors; assignment for the benefit of creditors)