cancel debt
Frequency: 5.55.1 per million words
To state officially that a debt does not need to be paid.
Categories:
Examples (10)
- The government decided to cancel the debt of the poorest nations.
- Activists are campaigning to cancel student debt for low-income graduates.
- If the company goes bankrupt, the bank might be forced to cancel its debt.
- A significant portion of the country's foreign debt was cancelled after the natural disaster.
- The new legislation will cancel medical debt for thousands of patients.
- After years of loyal service, the company owner generously offered to cancel the employee's outstanding debt.
- Should wealthy countries cancel the debt owed by developing nations?
- Cancelling the national debt is not a simple solution to economic problems.
- A global agreement could cancel the debt of countries affected by climate change.
- The international monetary fund announced a plan to cancel the debt of several struggling economies.