debt cancelation

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• SABBATICAL YEAR AND JUBILEE — (Heb. שְׁמִטָּה, shemittah; יוֹבֵל, yovel). According to the Bible, during the seventh year all land had to be fallow and debts were to be remitted (Ex. 23:10–11; Lev. 25:1–7, 18–22; Deut. 15:1–11). The close of seven sabbatical cycles instituted …   Encyclopedia of Judaism

• cancellation — (AmE also cancelation) noun ADJECTIVE ▪ last minute ▪ outright ▪ They opted for rescheduling rather than outright cancellation. ▪ flight, train (BrE) …   Collocations dictionary

• cancellation — can‧cel‧la‧tion [ˌkænsəˈleɪʆn] noun [countable, uncountable] a decision or statement that a planned activity will not happen, or that an agreement will be ended: • Rail passengers are fed up with cancellations and delays. • Britain s aircraft… …   Financial and business terms