Definition of "respite"
  1. A court-sanctioned agreement that gives a debtor extra time or postponement to pay off their creditors
How to use "respite" in a sentence
  1. Due to their complex financial situation, the company requested a respite from the court.
  2. In the face of impending bankruptcy, a respite provided the business with much-needed breathing space.
  3. To prevent foreclosure, the homeowner sought a respite, hoping to reorganize their finances.

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