A tool that can be used by a person or company in debt to allow them to delay making payments to a lender for a set period of time thanks to an agreed upon charge. The charge is usually determined by comparing the difference between the amount owed at the moment and the amount that was owned originally.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser