Adjustment bond


 

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Adjustment bond

A bond issued in exchange for outstanding bonds when a corporation facing bankruptcy is recapitalized.



Adjustment bond

Similar Matches

International adjustment process

International adjustment process

1. Any mechanism for change in international markets. 2. The mechanism by which payments imbalances diminish under pegged exchange rates and nonsterilization. Similar to the specie flow mechanism, exchange-market intervention causes money supplies of surplus countries to expand and vice versa, leading to price and interest rate changes that correct the current and capital account imbalances.


Structural adjustment

Structural adjustment

The reallocation of resources (labor and capital) among sectors of the economy in response to changing economic circumstances, including trading conditions, or changes in policy.


Marshallian adjustment

Marshallian adjustment

A market adjustment mechanism in which quantity rises when demand price exceeds supply price and falls when supply price exceeds demand price.


Border tax adjustment

Border tax adjustment

Rebate of indirect taxes (taxes on other than direct income, such as a sales tax or VAT) on exported goods and levying of them on imported goods. May distort trade when tax rates differ or when adjustment does not match the tax paid.


Adjustment assistance

Adjustment assistance

Government program to assist those workers and/or firms whose industry has declined, either due to competition from imports (trade adjustment assistance) or from other causes. Such programs usually have two (conflicting) goals: to lessen hardship for those affected and to help them change their behavior -- what, how, or where they produce.


Further Suggestions

Adjustment date
higher rate adjustment
Balance of payments adjustment mechanism
Walrasian adjustment
Structural adjustment program
Trade adjustment assistance
Adjustment mechanism
Cumulative Translation Adjustment (CTA) account


 
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