- Voluntarily refraining from doing something, especially choosing not to assert a legal right. For example, a creditor may postpone or reduce a borrower's payments, or one party to a contract may forbear demanding performance of the other party.
Business law dictionary. 2015.
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forbearance — for·bear·ance also fore·bear·ance /fȯr bar əns/ n: a refraining from the enforcement of something (as a debt, right, or obligation) that is due Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. forbearance … Law dictionary
Forbearance — For*bear ance, n. The act of forbearing or waiting; the exercise of patience. [1913 Webster] He soon shall find Forbearance no acquittance ere day end. Milton. [1913 Webster] 2. The quality of being forbearing; indulgence toward offenders or… … The Collaborative International Dictionary of English
forbearance — 1 long suffering, *patience, longanimity, resignation Analogous words: & Antonyms: see those at FORBEARANCE 2 2 tolerance, clemency, mercifulness, leniency, indulgence (see under FORBEARING) Analogous words: patience, long suffering, longanimity … New Dictionary of Synonyms
forbearance — 1570s, originally legal, in reference to enforcement of debt obligations, from FORBEAR (Cf. forbear) (v.) + ANCE (Cf. ance). General sense of refraining from is from 1590s … Etymology dictionary
forbearance — [n] resisting, avoidance abstinence, endurance, fortitude, going easy on*, living with*, longanimity, moderation, patience, patientness, refraining, resignation, restraint, self control, temperance, tolerance; concepts 410,633 Ant. continuation,… … New thesaurus
forbearance — ► NOUN 1) patient self control and restraint. 2) tolerance … English terms dictionary
forbearance — [fôr ber′əns] n. 1. the act of forbearing 2. the quality of being forbearing; self control; patient restraint 3. Law the act by which a creditor extends time for payment of a debt or forgoes for a time the right to enforce legal action on the… … English World dictionary
Forbearance — In the context of a mortgage process, forbearance is a special agreement between the lender and the borrower in order to delay a foreclosure. Loan borrowers sometimes have problems with their payments due to unexpected circumstances. This may… … Wikipedia
Forbearance — A postponement of loan payments, granted by a lender or creditor, for a temporary period of time. This is done to give the borrower time to make up for overdue payments. Basically, forbearance allows the borrower to put a temporary hold on his or … Investment dictionary
forbearance — [[t]fɔː(r)be͟ərəns[/t]] N UNCOUNT (approval) If you say that someone has shown forbearance, you admire them for behaving in a calm and sensible way about something that they have a right to be very upset or angry about. [FORMAL] She remembered… … English dictionary
forbearance — noun (U) formal patience, self control, and willingness to forgive someone: Higgins accepted the decision with commendable forbearance … Longman dictionary of contemporary English