workout

workout, n.

1. The act of restructuring or refinancing overdue loans.

2. Bankruptcy. A debtor’s agreement, usu. negotiated with a creditor or creditors out of court, to reduce or discharge the debt. — work out, vb.

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词条贡献者

译者Virginia，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，擅长翻译各种与私募股权融资相关的法律文件。