MULTINATIONAL RESTRUCTURING
\mˌʌltɪnˈaʃənə͡l ɹɪstɹˈʌkt͡ʃəɹɪŋ], \mˌʌltɪnˈaʃənəl ɹɪstɹˈʌktʃəɹɪŋ], \m_ˌʌ_l_t_ɪ_n_ˈa_ʃ_ə_n_əl ɹ_ɪ_s_t_ɹ_ˈʌ_k_tʃ_ə_ɹ_ɪ_ŋ]\
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Shared agreement regarding the assets and/or liabilities terms as specific types of changes to multinational corporation's terms. Debt consolidation, organization changes in size or scale or operations can be a reason for change. To prevent bankruptcy or as a part of filing for bankruptcy may be the reason for a multinational restructuring.
By Henry Campbell Black
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.