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term:
Forbearance
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forbearance
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also
fore·bear·ance
[fȯr-bar-əns]
n
: a refraining from the enforcement of something (as a debt, right, or obligation) that is due
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.