Deposit and Scheme of arrangement: Difference between pages

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#A sum of money paid by a buyer as part of the sale price of something in order to reserve it. The deposit may or may not be returned if the sale is not completed.
1. ''Insolvency law.'' 
#A sum of money lent to or placed with a financial organisation, such as a bank, for a set period or an indeterminate period for safekeeping or to earn interest or as a security to cover potential trading losses.
 
An agreement between a financially distressed company and its creditors or members to effect a merger or a restructuring, which requires the sanction of the court.
 
 
2.
 
A similar agreement, for a company which is not necessarily financially distressed.




== See also ==
== See also ==
* [[Deposit account]]
* [[Insolvency]]
* [[Depositor]]
* [[Merger]]
* [[Hot money]]
* [[Restructuring]]
* [[NMD]]
 
* [[Stability]]
[[Category:Corporate_finance]]
[[Category:Long_term_funding]]
[[Category:Compliance_and_audit]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]

Revision as of 20:12, 15 January 2018

1. Insolvency law.

An agreement between a financially distressed company and its creditors or members to effect a merger or a restructuring, which requires the sanction of the court.


2.

A similar agreement, for a company which is not necessarily financially distressed.


See also