Logos Dictionary | standstill agreement

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standstill agreement Noun

[Subject: Financial Economics - Bank]

- Agreement whereby a lender makes no further collection efforts on an unpaid loan, acting in the belief that foreclosure would jeopardize the ability of a borrower in financial difficulty to repay any portion of the debt

Translated by: ROBERT GRIGOR BAXTER

Translated in 5 languages

Translations4
	Italian	accordo di moratoria
	Spanish	acuerdo de moratoria
	French	moratoire
	German	Frist

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