Cramdown Definition

krămdoun
noun
A court-ordered reduction in the periodic payments on the balance of a debt, usually in line with a lower interest rate, sometimes granted to bankrupt debtors.
American Heritage

Other Word Forms of Cramdown

Noun

Singular:
cramdown
Plural:
cramdowns

Origin of Cramdown

  • So called because it is crammed down or imposed involuntarily, on the creditor

    From American Heritage Dictionary of the English Language, 5th Edition

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Words Starting With

Words Ending With

Unscrambles

cramdown