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definitions

Updated: 14 Aug 2017

Debt Negotiation

[det] [ni-goh-shee-ey-shuh n]

A negotiation process where the debtor negotiates the amount, timing and any other terms of a loan such as arrears, liability, or balance owed to the creditor(s).

Read this article for practical advice on how to handle your business debt negotiation.

Back to Negotiation Definitions
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