resolution of debts

USAGE SUMMARY

The phrase "resolution of debts" is correct and usable in written English.
It can be used in contexts related to financial discussions, legal matters, or personal finance when referring to the process of settling or addressing outstanding debts. Example: "The company is currently working on a resolution of debts to improve its financial standing and regain investor confidence."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

A resolution of debts to this country was also explored.

The New Yorker

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

In "Sudan advances toward its future" (Views, Jan . 11, Thabo Mbeki describes challenges that an independent southern Sudan will face: border disputes, resolution of debt and oil revenue sharing.

The New York Times

"By the end of next year … we could see the start of a proper international framework which could be fair, transparent and independent of creditors, and lead to rapid resolution of countries' debts when they are in crisis," he said.

The Guardian

Last week, Representative Maxine Waters, a California Democrat who is the ranking member of the House Financial Services Committee, along with several other members of Congress, introduced legislation that would require the consumer reporting agencies to remove fully paid or settled medical debt information from consumers' reports within 45 days of the resolution of the debt.

The New York Times

"With great sadness, I therefore intend to resign effective upon the resolution of the debt ceiling crisis.

The New York Times

Resolution of the debt woes will depend greatly on German flexibility in granting extra time and financial aid to repay the loans.

The Guardian

At stake in their blame game has been not only the resolution of the debt fight and their own political futures, but the view of their two parties as the country heads toward an election year.

The New York Times

Among the risks that could hamper future growth, Mr. Draghi listed "uncertainties about the resolution of sovereign debt and governance issues in the euro area, geopolitical issues and fiscal policy decisions in the United States".

The New York Times

A sensible resolution of this debt crisis fundamentally requires reducing federal spending.

Forbes

Shortly after the resolution of the debt-ceiling showdown in August, Obama pledged a renewed White House effort to improve the economy.

Huffington Post

It is expected that lactate levels will follow the oxygen debt, but in some clinical conditions, lactate levels may normalise without the resolution of tissue oxygen debt [ 21].

BMC Anesthesiology

Expert writing Tips

Best practice

When discussing financial planning or legal agreements, use "resolution of debts" to clearly convey the process of settling financial obligations.

Common error

Avoid using "resolution of debts" when you actually mean "debt consolidation", which is a specific strategy of combining multiple debts into a single new loan, rather than settling individual obligations.

Linguistic Context

The phrase "resolution of debts" functions primarily as a noun phrase. It describes the process or outcome of addressing and settling financial obligations. As Ludwig AI points out, the phrase is grammatically correct and appropriate in various contexts.

Expression frequency: Rare

Frequent in

News & Media

60%

Science

20%

Formal & Business

10%

Less common in

Academia

5%

Wiki

3%

Encyclopedias

2%

Ludwig's WRAP-UP

In summary, the phrase "resolution of debts" refers to the process of settling or addressing financial obligations. Ludwig AI confirms that this phrase is grammatically sound and usable in English, primarily within financial, news, and legal contexts. While examples are somewhat limited, suggesting the phrase is not overly common, its specific meaning distinguishes it from similar terms like "debt consolidation". When writing about financial matters, using "resolution of debts" helps to clearly convey the act of settling outstanding financial obligations, so it is important to use it with precision to avoid misunderstandings.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

debt settlement

Focuses specifically on the act of reaching an agreement to pay off debts, often for less than the full amount owed.

resolving financial obligations

Similar to the original phrase, but places emphasis on the act of resolving the obligations themselves.

debt restructuring

Emphasizes reorganizing the terms of a debt to make it more manageable for the borrower.

debt clearance

Highlights the act of completely eliminating debts.

clearing outstanding balances

Focuses on eliminating any remaining amounts owed.

debt repayment

Focuses on the process of paying back borrowed money.

debt management

Broader term referring to strategies for handling debt effectively.

financial obligation settlement

A more formal way of describing the resolution of debts, suitable for legal or business contexts.

settling financial liabilities

Focuses on the act of discharging financial responsibilities.

addressing outstanding debts

Highlights the act of dealing with debts that have not yet been paid.

FAQs

What does "resolution of debts" mean in financial terms?

In financial terms, "resolution of debts" refers to the process of settling or addressing outstanding financial obligations. This can involve repayment, negotiation, or other means of resolving the debt.

How can I achieve "resolution of debts"?

Achieving "resolution of debts" can involve strategies such as creating a budget, negotiating with creditors for a "debt settlement", seeking professional financial advice, or exploring options like "debt consolidation".

What are some alternatives to saying "resolution of debts"?

Some alternatives to "resolution of debts" include "debt settlement", "debt restructuring", or "debt clearance", depending on the specific context.

Is "resolution of debts" the same as bankruptcy?

"Resolution of debts" is a broader term that encompasses various ways of handling debt, while bankruptcy is a specific legal process that offers debt relief. Bankruptcy is one potential path to "debt clearance", but not the only one.