/əˈlaʊəns ˈbaɪ ˈkrɛdɪtər/ – Phrase
Definition: mức giảm nợ được chủ nợ cho phép.
A more thorough explanation: An “allowance by a creditor” refers to a reduction or deduction made by a creditor from the amount owed by a debtor. This reduction may be granted for various reasons, such as for damaged goods, returned merchandise, or other valid claims. It is a credit or adjustment made by the creditor to the debtor’s account to reflect the reduced amount owed.
Example: The creditor agreed to provide a monthly allowance to the debtor to help cover living expenses during the repayment period.