workout
A1CEFR level
15/100Rarity: common
TechnicalRegister
Law noun
A consensual, out-of-court restructuring of a distressed borrower's obligations negotiated with its creditors.
The parties preferred a consensual workout to the cost and stigma of formal proceedings.
Business noun
A negotiated restructuring of a troubled loan to avoid outright default or bankruptcy.
The bank's special-situations team ran the workout, stretching maturities in exchange for a slice of equity.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
Get words like workout on your lock screen, a few a day, with review that makes them stick.
Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
On a computer?Scan with your iPhone camera.