forbearance

Definition
A lender's postponement of foreclosure in order to give the borrower time an opportunity to make up for overdue payments.




forbearance is ...
... part of the
Lending & Credit subject.


forbearance appears in the definitions of these other terms on BusinessDictionary.com

Loading...

Featured Sponsor





Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z