cents on the dollar
Fractional debt payment
Cents on the dollar describes a fraction of full value, typically in contexts of debt settlement, bankruptcy, or distressed sales.
If creditors receive thirty cents on the dollar, they recover only 30% of what they're owed.
The phrase emphasizes how little remains after loss: After the company folded, investors got back pennies on the dollar.
- bargainFavorable purchase price
- deep discountLarge price reduction
- rock bottom priceLowest possible cost
- discountReduced price offered
- fractionPart divided by whole
going out of business · write-off · valuation · half-price · bankruptcy · creditor · debtor · debt collection · repayment plan · loan forgiveness · restructuring · recovery rate · foreclosure · insolvency · liquidation · debt settlement · payment plan · markdown
cents on the dollardollar for dollar
made whole · full recovery · total compensation · face value
cents on the dollarat par
Equal to nominal value
full price · face value · at a premium · premium pricing · dollar for dollar
cent, cents, dollar, dollars, centennial, century, centuries, centurion, percent