CRAMMED DOWN

  1. Occurrence in which venture capitalists declines to invest in a new project unless the older investors of the firm decrease the value of their initial investment.
  2. Bankruptcy procedure allowing a bankruptcy court to initiate a reorganization plan for a firm in spite of objections from certain creditors. The creditors will keep collateral on the firm as long as the latter offers repayment of the secured portion or fair market value of the collateral in that plan.