e/Exit consent

Information
has gloss	eng: Hence, the exit consent is a formal agreement that allows a majority group of creditors to change the non-financial terms of the bonds in a way that makes the bonds effectively worthless for the minority holdouts. The idea is that creditors willing to restructure can outmaneuver holdouts by using the supermajority voting features of existing bonds to secure changes, which reduce their value as they are tendered in exchange for restructured debt.
lexicalization	eng: exit consent
instance of	(noun) a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal bond, bond certificate