Meaning of the word "debt relief" in English
What does "debt relief" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
debt relief
US /det rɪˈliːf/
UK /det rɪˈliːf/
Noun
the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations
Example:
•
The government announced a new program for debt relief to help struggling farmers.
•
International organizations are calling for debt relief for developing nations.
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