A cram down or cramdown is the involuntary imposition by a court of a reorganization plan over the objection of some classes of creditors. ==Home mortgage loans== While typically used in a corporate context, the phrase has gained currency in the context of personal bankruptcies as a result of the financial crisis of 2007-2009. Under current United...
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http://en.wikipedia.org/wiki/Cram_down
A maneuver in bankruptcy negotiations in which a reorganization plan is forced upon creditors with the least influence.
Found on
http://www.encyclo.co.uk/visitor-contributions.php
No exact match found.
