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Từ vựng:

reaffirmation agreement

Giải nghĩa:

/ˌriːəˌfɜːˈmeɪʃən əˈɡriːmənt/ – Phrase


Definition: Thỏa thuận tái cam kết.

A more thorough explanation: a contract that a debtor signs with a creditor after bankruptcy to continue paying a debt that would otherwise be discharged

Example: Reaffirmation provides a sure way to keep collateral as long as you abide by the terms of the reaffirmation agreement.