debt adjustment

noun

Legal Definition of debt adjustment

: the arrangements made for the repayment or satisfaction of debts in an amount or manner that differs from the original arrangements especially in accordance with a bankruptcy plan under chapter 13 of the Bankruptcy Code

Comments on debt adjustment

What made you want to look up debt adjustment? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

suitable to be imparted to the public

Get Word of the Day daily email!

Test Your Vocabulary

Where in the World? A Quiz

  • peter bruegel tower of babel painting
  • What language does pajama come from?
True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
Citation

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!