Definition of «debt retirement»

"Debt retirement" refers to the process of paying off or eliminating a debt that someone or an entity owes to another party. It means clearing the outstanding amount of money that is owed, effectively settling the debt.

Sentences with «debt retirement»

  • This distinct college debt retirement plan helps teachers avoid costly monthly loan payments by dramatically reducing loan principals. (lendedu.com)
  • To add more «wood to the fire», I would recommend that the investor contribute an additional $ 500 from her income to accelerate debt retirement even faster. (investingarchitect.com)
  • The five - year program aimed to raise $ 75 million for convention causes, including debt retirement. (firstthings.com)
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