Sentence examples for defaulting creditors from inspiring English sources
The League's logic is that solvent clubs would be affected by the actions of defaulting creditors.
If defaulting creditors set off a wave of failures, it would mark the second time in two years that Japan has experienced a banking crisis.
After a massive default toward the end of 2001 that some put around $100 billion, Buenos Aires unilaterally offered defaulted creditors a new bond that included a 70% haircut.
It will argue that clubs failing to honour their transfer commitments in insolvency jeopardises the integrity of the competition – a club could not be compelled to play matches against a defaulting creditor, potentially wrecking the fixtures list.
If the state oil company defaults, creditors could go after its properties abroad, including its fleet of tankers and airplanes.
A bond's price may rise and fall, but as long as the borrower avoids default, creditors will pocket a stream of interest payments and all of their initial investment when a bond eventually matures.
The price of a company's bond can rise and fall over the years, but without a default creditors can expect a steady stream of interest payments and all of their initial investment back when the bond matures.
"It's worse to default on creditors who took a risk than to forcibly take money from taxpayers who have no choice?" This question deserves some serious reflection, but for now I'll just say "Yes" and move on.
Instead, the Trump campaign embarked on a damage control exercise on Sunday, dispatching surrogates to television talk shows to argue that Trump was clever to exploit the painful collapse of his past business ventures, several of which defaulted on creditors by declaring bankruptcy.
Once under such protection, a country could not be declared to have defaulted, its creditors would need to make themselves known to the Commission within two months, and loan interest rates would be frozen.
The ratio tends to rise until defaults lead to a crisis that wipes out the debt, converts it into equity or transfers assets from defaulting debtors to creditors.
