Meaning of “debt payment” in the English Dictionary


"debt payment" in Business English

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debt paymentnoun [ C or U ]

uk us

FINANCE, ECONOMICS the act of paying back money that you have borrowed:

make/meet debt payments Many people are struggling to meet their debt payments.
The country announced a moratorium whereby its foreign debt payment was suspended for 12 months.

(Definition of “debt payment” from the Cambridge Business English Dictionary © Cambridge University Press)