workout

workout
workout
an arrangement, outside of bankruptcy, by a debtor and its creditors for payment or re-scheduling of payments of the debtor's obligations. Usually applies to an informal agreement between a business and its creditors, although it can be a formal agreement and it can also apply to consumer debtors. (Glossary of Common Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

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  • workout — work·out n: an undertaking or plan intended to resolve a problem of indebtedness esp. in lieu of bankruptcy or foreclosure proceedings Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. workout …   Law dictionary

  • workout — (n.) 1909, boxing bout for practice, from WORK (Cf. work) + OUT (Cf. out). General sense of spell of strenuous physical exercise” is attested by 1922. Verbal phrase work out “solve” (a problem, etc.) is from c.1600. Sense of “succeed”… …   Etymology dictionary

  • workout — [n] exercise, practice conditioning, constitutional, drill, rehearsal, routine, session, test, training, tryout, warm up, work; concepts 290,363 Ant. inactivity …   New thesaurus

  • workout — ► NOUN ▪ a session of vigorous physical exercise …   English terms dictionary

  • workout — ☆ workout [wʉrk′out΄ ] n. 1. a training session of exercises to maintain or improve one s physical or athletic skill 2. any strenuous exercise, work, etc …   English World dictionary

  • Workout — Unter dem Begriff Workout versteht man eine körperliche Aktivität, die in der Regel ausgeübt wird, um die eigene Fitness zu verbessern. Mit einem Workout kann man ganz unterschiedliche Ziele verfolgen. Zum Beispiel wird durch solche Übungen die… …   Deutsch Wikipedia

  • workout — noun ADJECTIVE ▪ good ▪ gruelling/grueling, hard, intense, strenuous, vigorous ▪ light, low impact …   Collocations dictionary

  • Workout — Work out auch: Workout 〈[wœ:kaʊt] n. 15〉 die körperliche Konstitution u. Leistungsfähigkeit verbessernde sportliche Übung [<engl. work out „trainieren“] * * * Work out, Work|out [ wə:k|a̮ut ], das od. der; s, s [engl. workout, zu: to work out …   Universal-Lexikon

  • Workout — Informal arrangement between a borrower and creditors. The New York Times Financial Glossary * * * workout work‧out [ˈwɜːkaʊt ǁ ˈwɜːrk ] noun [countable] FINANCE a way for a borrower in financial difficulty to repay loans, debts etc: • The bank s …   Financial and business terms

  • workout — Informal repayment or loan forgiveness arrangement between a borrower and creditors. Bloomberg Financial Dictionary * * * workout work‧out [ˈwɜːkaʊt ǁ ˈwɜːrk ] noun [countable] FINANCE a way for a borrower in financial difficulty to repay loans,… …   Financial and business terms

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