English - Turkish
Definition of debt reliefs in English Turkish dictionary
- debt relief
- (Ticaret) borcun hafiflemesi
- debt relief
- (Ticaret) borç yardımı
- debt relief
- (Ticaret) borç erteleme
- debt relief
- (Ticaret) borç ertelemesi
Related Terms
English - English
Definition of debt reliefs in English English dictionary
- debt relief
- an arrangement in which very poor countries do not have to pay back all the money that has been lent to them by richer countries
- debt relief
- Reducing the principal and/or interest payments on LDC loans
- debt relief
- Debt relief may take the form of either refinancing, re-organisation, rescheduling or cancellation of all repayments A loan is refinanced when the creditor country makes a new loan to enable the debtor country to meet the debt service payments on an earlier loan A loan is rescheduled when the amortisation or interest payments or both on the outstanding portion are rearranged to make payment easier See also Paris Club and Retrospective Terms Adjustment
Related Terms
debt reliefs
Turkish pronunciation
det rilifsPronunciation
/ˈdet rēˈlēfs/ /ˈdɛt riːˈliːfs/
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