Cancellation of debt

Release of a Debt without Consideration by a Creditor.

Related Terms: 6 Consideration, Credit, Creditor, Debt, Lease, Ratio

Other Related Pages: Category: Lending_and_Credit Starting With: C

Additional Related Terms: Asset/equity ratio, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, At risk, Add-on service, Abstract of title