recasting is the process of rewriting existing loans, especially when there is a default. The term and interest rate may be adjusted to take pressure off the borrower.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). recasting. Retrieved September 21, 2026, from http://smartdefine.org/recasting/definitions/1161898 |
| Chicago | Barry Goldsmith. 2010. "recasting" http://smartdefine.org/recasting/definitions/1161898 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, recasting, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/recasting/definitions/1161898>. |
| MLA | Barry Goldsmith. "recasting" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/recasting/definitions/1161898> |