Troubled debt restructuring
id:
troubled-debt-restructuring-269-8425854
title:
Troubled debt restructuring
text:
A troubled debt restructuring (TDR) is defined as a debt restructuring in which a creditor, for economic
or legal reasons related to a debtor's financial difficulties, grants a concession to the debtor
that it would not otherwise consider. As such, in order for a debt restructuring to be a considered a TDR, two conditions must be present: The debtor must be experiencing financial difficulties.
The creditor must grant a concession in consequence of the debtor's financial difficulties. TDRs provid
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Troubled_debt_restructuring
date created:
date modified:
2022-03-22T20:44:05Z
main entity:
{"identifier":"Q16896531","url":"https://www.wikidata.org/entity/Q16896531"}
image:
fields total:
13
integrity:
13