The phrase "abolished debt" is correct and usable in written English.
It can be used in contexts discussing the elimination or cancellation of financial obligations or debts.
Example: "The new policy aims to create a system where abolished debt allows citizens to start fresh without the burden of past financial mistakes."
Alternatives: "canceled debt" or "eliminated debt".
Abolishing debt would help to create a fresh balance- sheet, but for many countries debt-relief would only benefit Ukrainian arms-dealers.Can Africa change?
"We are committed to spending all the funds donated to Rolling Jubilee to purchase and abolish debt...Buying and abolishing debt is a powerful but limited tactic, and collective action is needed to address the systemic economic problems that force people into debt for basic needs like education".
The Rolling Jubilee Fund, a nonprofit formed by Strike Debt with the sole purpose of buying and abolishing debt, canceled an average of nearly $1,400 in debt held by more than 2,700 students.
If tomorrow Congress passed a clean continuing resolution and abolished the debt ceiling I suspect equities would have a pretty darn good day.But by focusing on the effects of the worst-possible-thing-that-could-happen without much regard to whether expectations of the WPTTCH actually occurring have changed, we may all have lost some perspective on the dynamic in Washington.
The "sweet music" of being responsible for one more relieved debtor, one more fortunate recipient of their unique efforts in abolishing debt, is just too intoxicating.
Opposition parties accused Nicola Sturgeon's government of breaking a guarantee to voters when the Scottish National party won power in 2007 that it would abolish student debt by "dumping the debt monster for good".
Our call to abolish student debt provides relief to tens millions of young people trapped by debt for education that failed to produce the jobs they promised.
The mission of this project is to buy and abolish personal debt, as it is our belief that no one should have to go into debt for the basic things in our lives such as healthcare, housing and education".
Would he be willing to talk if Boehner agreed to abolish the debt ceiling permanently?
