seegongsik

forbearance

SalesLv.4 (900)noun
Definition

the act of refraining from enforcing a right, debt, or claim

Examples

The creditor agreed to three months of forbearance.

The forbearance agreement bought the client some time.

Collocations
a forbearance agreementgrant forbearancea period of forbearance
Paraphrase
leniencyrestraint
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