/rɪˈlis baɪ əˌblɪˈʤi/ – Phrase
Definition: việc chủ nợ xóa nợ, việc chủ nợ tha miễn nghĩa vụ.
A more thorough explanation: In legal terms, a “release by obligee” refers to a formal document or agreement in which the party entitled to receive performance under a contract or obligation (the obligee) relinquishes or waives their rights or claims against the other party (the obligor). This release typically signifies that the obligee has been satisfied or compensated for the performance owed to them, and they are releasing the obligor from further obligations or liabilities under the contract or agreement.
Example: The obligee signed the release document, confirming that all obligations had been fulfilled by the obligor.