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Lowering current payments but requiring either a balloon payment or an extended payback term postpones the problem without solving it.
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He helped me extend payback period last year.
Sometimes, companies' "old and long-term partners" [P11] could help by "extending payback period" [P14], "getting discounts" [P14], "acquiring administrative approvals" [P1], and "gaining preferential treatment for a good location" [P16] for new store openings.
So Crescent, a real estate investment trust, extended the payback deadline by ten years.
European leaders have begun to discuss openly the possibility of extending the payback period for Greek debt, despite fierce opposition to that idea from the European Central Bank.
Besides the debt buyback, the revamped plan included extending the payback dates for some of the debt held by other euro zone governments.
By reducing interest rates and extending the payback maturities on the 168 billion euros ($217 billion) that European governments have lent Greece so far, those loans will now become barely profitable for the countries that made them.
Mr. Stournaras, the finance minister, told Parliament on Wednesday that Greece aimed to reduce its debt burden by lowering the interest rate on the rescue loans it receives from the troika and extending the payback periods of those loans.
The new alternative program would allow more money to be deferred in the near term, while extending the maximum payback period to 12 years, from 10.
As with his books for children, his adult stories are marked by conscience, by a moral center that extends beyond mere payback, leading to moments of unexpected depth.
The drama continued through the final moments of the session — extended by one day in an act of political payback — as Lt. Gov. Justin Fairfax (D) vigorously defended himself against sexual assault allegations from the Senate dais.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com