Definition of «forbearance»

Forbearance refers to the act or quality of being patient, tolerant and forgiving. It is the ability to withhold judgment or punishment, even when one has the power to do so. In other words, it means showing restraint in the face of provocation or wrongdoing, rather than reacting harshly or impulsively. Forbearance can be applied in various situations such as personal relationships, business dealings and legal matters, where individuals are called upon to exercise self-control and refrain from taking immediate action that may cause harm or further conflict.

Usage examples

  1. The bank allowed a period of forbearance for borrowers experiencing financial difficulties due to the pandemic.
  2. The landlord granted forbearance to their tenant by reducing the rent payment for a few months.
  3. The government announced a mortgage forbearance program to offer relief to homeowners affected by a natural disaster.
  4. The company showed forbearance towards its employees by providing extended paid leave during a difficult time.
  5. The judge granted forbearance to the defendant by extending the deadline for submitting evidence.

Sentences with «forbearance»

  • Borrowers might also be able to apply for forbearance for temporary relief. (studentloans.net)
  • It offers up to 12 months of forbearance in the case of economic hardship, whether caused by job loss or something else. (studentloanhero.com)
  • This help applies to those who have initial mortgage forbearance periods which are now ending or ending soon. (fhanewsblog.com)
  • (see all sentences)
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