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A Debt-For-Equity Swap Occurs When Creditors Surrender a Portion of Their

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A debt-for-equity swap occurs when creditors surrender a portion of their claims on the firm in exchange for an ownership position in the firm.


Definitions:

Broad Absorption

In spectroscopy, it indicates a wide range of wavelengths over which a substance absorbs electromagnetic radiation.

IR Absorption

A technique used to identify and study chemicals by measuring the absorption of infrared radiation at different wavelengths.

IR Spectroscopy

A technique used for identifying and studying chemicals by analyzing the infrared light absorbed, emitted, or scattered by the sample.

O-H Stretch

A vibrational mode in infrared spectroscopy indicating the presence of an O-H bond, useful in identifying alcohols, phenols, and acids.

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