FINANCEtheprocessofhelpingcompaniesthatoweor areowedmoneytofindanacceptableagreementforpayingback thedebt:Forcreditors,debtarbitrationmakes itpossibletorecoupmore of theamountowedthan would bepossiblebyfilingasuitagainst thedebtor.(Definition ofdebt arbitrationfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofdebt arbitration
debt arbitrationThere is nothing to stop the creditor going to thedebtarbitrationservice.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Therefore, it seems that the introduction of the system ofdebtarbitrationwould be a reasonable and constructive way of dealing with the problem.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Obviously, people would go to thedebtarbitrationofficer rather than to court, which would reduce some of the work load and expenses of the court system.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Surely it makes sense to set up adebtarbitrationservice where both creditor and debtor can get together through an independent arbitrator and reach some sort of out-of-court settlement.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/debt-arbitration##
