debt relief Meaning in Cambridge English Dictionary
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Meaning of "debt relief" - English Dictionary

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debt reliefnoun [U]

uk   us  
the situation in which a bank or a government tells a person, a company, or a government that they do not have to pay back the money they owe: There are plans to provide full debt relief for some African countries.
(Definition of debt relief from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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