Phrases with «forgiven amount»

The phrase "forgiven amount" refers to the portion of money or debt that is no longer required to be paid back. It means that a person or entity has been granted relief from a specific sum of money that they were previously obligated to repay. Full definition

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Sentences with «forgiven amount»

  • So it's really in their best interest to do a short sale, forgive that amount so that they can actually adhere to that settlement agreement reached in 2011. (arklawgroup.com)
  • The government rectifies this situation by charging taxes on forgiven amounts(wisebread.com)
  • In the budget announced today, which will begin on July 1, Mr. de Blasio is boosting the hospital network's budget by $ 180 million, by forgiving that amount of debt service. (observer.com)
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