debt management Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “debt management” in the English Dictionary

"debt management" in Business English

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debt managementnoun [U]

uk   us   FINANCE
methods used to reduce or pay back debts, or services provided to help people do this: a debt management company/firma debt management plan/program They offer a debt management plan allowing you to pay a fixed sum each month, which is then divided among your creditors.
(Definition of debt management from the Cambridge Business English Dictionary © Cambridge University Press)
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