Học từ vựng | Vocabulary learning |debt relief


debt relief ()

/ˈdet rɪˌliːf/
/ˈdet rɪˌliːf/

the cancellation or reduction of a debt

The government is firmly committed to a programme of debt relief.
The government introduced a debt relief program to assist individuals facing financial hardship.
After careful negotiation with creditors, the debtor was granted debt relief, reducing the overall amount owed.
Non-profit organizations often offer counseling services to guide individuals seeking debt relief.
The new legislation aims to provide debt relief for small businesses affected by economic challenges.


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