WordNet-Online
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Definitions from the WebBalance WaiverDefinition:A balance waiver refers to an agreement between a lender and borrower that allows the borrower to waive or forgive a certain amount of outstanding debt or interest. Parts of Speech:
Senses:
Usages:Popular: The bank offered a balance waiver to the borrower, forgiving 50% of the interest accrued on the loan. Local: As part of a local government initiative, a balance waiver was provided to small businesses affected by the recent floods. Related Products:Find related products on Amazon. | ||||
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