/ˈdɛtər ənd ˈkrɛdɪtər lɔː/ – Phrase
Definition: Luật về nợ và chủ nợ.
A more thorough explanation: the area of law concerning financial obligations and legal interactions where one party is unable to pay a monetary debt to another. It may include insolvency, bankruptcy, foreclosures and repossessions.
Example: I take a practical approach to debtor-creditor law, weighing the cost and risk of litigation and the value of a speedy resolution of disputes.