Webforbearance noun [ U ] formal uk / fɔːˈbeə.r ə ns / us / fɔːrˈber. ə ns / the quality of being patient and being able to forgive someone or control yourself in a difficult situation: [ + … WebJan 18, 2024 · Forbearance is a term that refers to the temporary reduction or postponement of payments, such as for loans or mortgages. It happens when the lender …
forbearance - Wiktionary
WebForbearance Refraining from doing something that one has a legal right to do. Giving of further time for repayment of an obligation or agreement; not to enforce claim at its due date. A delay in enforcing a legal right. Act by which creditor waits for payment of debt due by a debtor after it becomes due. WebThe act by which a creditor extends time for payment of a debt or forgoes for a time the right to enforce legal action on the debt. Webster's New World. Similar definitions. Synonyms: … samsung dishwasher class action lawsuit
Forbearance Definition & Meaning Dictionary.com
Webplural forbearances. Synonyms of forbearance. 1. : a refraining from the enforcement of something (such as a debt, right, or obligation) that is due. The policy provides a means … Web(n) forbearance The act or state of forbearing; the cessation or intermission of an act commenced, or a refraining from beginning an act. (n) forbearance Command of … WebJan 25, 2015 · To explore this concept, consider the following forbearance definition. Definition of Forbearance Noun An agreement to temporarily postpone or suspend a borrower’s payments. Tolerance and restraint. A refraining from enforcing something. Origin 16 th century refraining from What is a Forbearance samsung dishwasher check valve