What is the meaning of Restructure?

Restructure is a revision of a financial agreement that alters the conditions or covenants of the original agreement. For example, parties may agree to restructure a loan agreement, easing the payment schedule, when a borrower is delinquent or otherwise faces default on a loan.

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APABarry Goldsmith. (2010). restructure. Retrieved September 20, 2026, from http://smartdefine.org/restructure/definitions/1162425
ChicagoBarry Goldsmith. 2010. "restructure" http://smartdefine.org/restructure/definitions/1162425 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, restructure, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/restructure/definitions/1162425>.
MLABarry Goldsmith. "restructure" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/restructure/definitions/1162425>
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