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Từ vựng:

creditors’ composition

Giải nghĩa:

/ˈkrɛdɪtərz kɒmpəˈzɪʃn/ – Phrase


Definition: Thỏa thuận giữa các chủ nợ.

A more thorough explanation: an agreement between a debtor (=someone who owes money) and a creditor (=someone owed money) to settle the debt for less than the total amount

Example: A creditors’ composition is one of several procedures available to an entrepreneur in financial difficulty.

 

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