| 词汇 | debt-equity-swap |
| 释义 | debt-equity swap noun[ C ] (alsodebt/equity swap)ukus(alsodebt-for-equity swap, debt swap) FINANCE an agreement in which a company offers shares to its creditors(= banks and organizations that lend it money) so they will reduce the amount of its debt: The debt-for-equity swap could create more than 1.5 billion new shares. ECONOMICS, FINANCE a financial arrangement in which a country's government gives local currency, shares, etc. to foreign investors who agree to pay part of the government’s foreign debts: The Treasury Secretary needs to establish a viable debt-equity swap program if it hopes to attract private foreign capital. |
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