composition arrangement
composition arrangement
Finance dictionary of financial terms
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Economics and finance
Definition of composition arrangement
composition arrangement: Is an agreement with creditors to avoid bankruptcy that involves a pro rata cash settlement of creditor claims by the debtor firm, a uniform percentage of each dollar owed is paid to each creditor.
Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc
link: http://foba.lakeheadu.ca/
Author : not indicated on the source document of the above text
Finance dictionary of financial terms
Finance dictionary of financial terms index
Definition and meaning of composition arrangement
Meaning of composition arrangement
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