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In that vein, I would like your assistance in settling a debt owed by North Korea to Nikko Enterprises".
One big piece of unfinished business would be settling a debt of as much as $9 billion it still owes to the Paris Club of creditor nations — a group of 19 countries with some of the biggest economies.
Debt negotiation is the act of settling a debt for less than what you owe.
Similar(54)
Mr Roh said his "household" had received the money to help settle a debt.
Burai then sold her to Zsolt Blaga, 38, in Peterborough, to settle a debt.
He admitted that his wife had accepted US$1m but insisted it was to settle a debt, not a bribe.
Angelaica, they later learned, had been working as a prostitute in Chisinau and had agreed to settle a "debt" to her pimp by recruiting two new girls.
In the worst cases, collectors pursue people who don't even owe money, or insist people who already settled a debt still owe.
Banks were required to keep gold in reserve, since anyone with an account could request his savings in gold coins to, say, settle a debt in a foreign country.
It's common practice for a lender to update your account as 'partially settled' simply to illustrate to future lenders that you did settle a debt for less than the full amount.
Credit card companies often will not settle a debt for less than is owed until a consumer has deposited the entire negotiated repayment in an independent account, Mr. Leuthold said.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com