![]() |
|
Financial Terms | |
Reorganization |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: inventory, stock trading, financial advisor, payroll, investment, finance, inventory control, financial, |
Definition of ReorganizationReorganizationCreating a plan to restructure a debtor's business and restore its financial health. reorganizationRestructuring of financial claims on failing firm to allow it to keep operating.
Related Terms:Plan for reorganizationA plan for reorganizing a firm during the Chapter 11 bankruptcy process. bankruptcyThe reorganization or liquidation of a firm that cannot pay its debts. Best-interests-of-creditors testThe requirement that a claim holder voting against a plan of reorganization CramdownThe ability of the bankruptcy court to confirm a plan of reorganization over the objections of Fair-and-equitable testA set of requirements for a plan of reorganization to be approved by the bankruptcy court. Financial distress costsLegal and administrative costs of liquidation or reorganization. Also includes ![]() Income bondA bond on which the payment of interest is contingent on sufficient earnings. These bonds are Investment bankFinancial intermediaries who perform a variety of services, including aiding in the sale of Prepackaged bankruptcyA bankruptcy in which a debtor and its creditors pre-negotiate a plan or Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |