cramdown

(law) A court settlement in bankruptcy in which creditors receive less than they were owed

日本語の意味

倒産手続において、裁判所が債権者の権利を調整し、一部の債権者に対して本来の債権額よりも少ない金額での弁済を認める法的決定 / 負債再編の一形態で、裁判所が破産計画を強制的に承認し、債務の減額を実施する手続き

The bankruptcy court approved a cramdown that reduced what the creditors could recover.

破産裁判所は、債権者が回収できる金額を減らす裁判所による強制的な債権減額を承認した。

意味（1）

(law) A court settlement in bankruptcy in which creditors receive less than they were owed

cramdowns

（ plural ）