Business, Legal & Accounting Glossary
n. a method used for a debtor to work out a payment schedule to his/her creditors through a trustee who receives directly a portion of the debtor’s income on a regular basis to pay the debtor’s bills.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Assignment For Benefit Of Creditors are sourced/syndicated and enhanced from:
This glossary post was last updated: 26th April, 2020 | 0 Views.