debt management

Debt Management

Any strategy that helps a debtor to repay or otherwise handle their debt better. Debt management may involve working with creditors to restructure debt or helping the debtor manage payments more effectively. A debtor may appeal to a debt management company if he/she does not know how to manage the debt himself/herself or if there is so much debt that outside management becomes necessary.

debt management

The regulation of the size and handling of the structure of the public debt. Actions taken to manage the debt have significant effects on the financial markets because government securities compete with private securities for limited funds in the capital market.