Forbearance. noun. When one party to an agreement does not pursue rights under the agreement even though the other party has not kept to its terms. An example ...

forbearance. n. an intentional delay in collecting a debt or demanding performance on a contract, usually for a specific period of time.

10 нояб. 2024 г. · 1. a refraining from the enforcement of something (such as a debt, right, or obligation) that is due The policy provides a means of forbearance for borrowers ...

Forbearance is when someone intentionally chooses not to do something. In the legal world, it means delaying the enforcement of a right, obligation, or debt.

Forbearance is a temporary postponement of loan payments. Lenders may grant forbearances instead of forcing the borrower into foreclosure or default. The terms ...

The act of abstaining from proceeding against a delinquent debtor;delay in exacting the enforcement of a right; indulgence granted to a debtor. Reynolds v. Ward ...

the act of forbearing · self-control; patience · law abstention from or postponement of the enforcement of a legal right, esp by a creditor allowing his debtor ...

3 meanings: 1. the act of forbearing 2. self-control; patience 3. law abstention from or postponement of the enforcement of a.

Forbearance - Term in contract law, refraining from doing something that one has a legal right to do, giving of further time for repayment of an obligatio.