单词 | debt adjustment |
释义 | debt adjustment debt adjustment noun [U,C]
1 the process in which sb who owes money agrees to make regular payments to a person or business, who takes this money and arranges with the businesses who are owed money how the debt will be paid: We are fully licensed to deal in debt adjustment and counselling.
2 (Law ) a legal process that a person who is bankrupt (= unable to pay their bills) can use to reduce the amount of their debts and the period of time over which they must be paid: The court must confirm the debt adjustment plan.
debt adjuster noun [C]
debt adjusting noun [U] |
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