Wednesday, August 03, 2022 2:34:37 PM
Forego verb
fore·?go
less common spelling of FORGO
transitive verb
1: to give up the enjoyment or advantage of : do without
"extend foregoing of interest due on their convertible debt notes through the end of 2021"
Forbearance noun
for·?bear·?ance
variants: also forebearance \ f?r-?'bar-??ns \
Legal Definition of forbearance
: a refraining from the enforcement of something (as a debt, right, or obligation) that is due
"The Whelan family has collectively forfeited interest in excess of $1.5 million during 2020 and 2021 and will extend forbearance of interest through at least 2022"
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