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.