debt pooling

debt pooling. An arrangement by which a person’s debts are consolidated and creditors agree to accept lower monthly payments or to take less money. — Also termed debt consolidation; debt adjustment.
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双语律师William,国内知名法学院金融专业,擅长翻译各类与投资基金、投资顾问及金融衍生工具相关的法律文件。
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