Regarding the restructured loan, the Guiding Principles of Loan Risk Classification is interpreted as "a loan that the bank makes concessions to the repayment terms of the loan contract due to the deterioration of the borrower's financial situation or his inability to repay". Later, "concession" was changed to "adjustment". This also includes the explanation of loan restructuring to some extent. However, it seems too narrow to limit the adjustment content to the repayment terms of the loan contract. In practice, reorganization can adjust the main contract-loan contract, or change its subordinate contract-guarantee contract; Not only modify the repayment terms, but also adjust the repayment subject and interest rate.

Loan restructuring means that under the circumstances that the borrower may encounter financial difficulties or the assets of the borrower and guarantor are reorganized, resulting in the failure to repay the loan on time, the bank and the borrower reach an agreement to modify the loan repayment conditions and adjust the borrower, guarantor, guarantee method, repayment period, applicable interest rate and repayment method on the premise of effectively strengthening risk prevention.

2. Loan restructuring is the operation process, and the restructured loan is the operation result.

3. The loan before restructuring can be called a restructured loan, and the restructured loan is a restructured loan. After the loan is restructured, the restructured loan becomes a restructured loan.