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DEBT FORGIVENESS – SNA

Statistics Directorate    
French Equivalent: Remise de dette - SCN

Definition:
Debt forgiveness occurs when a debtor and creditor become parties to a bilateral agreement that a financial claim no longer exists.

Source Publication:
SNA 11.23 [BPM 532].

Cross References:
Debt forgiveness – BPM

Hyperlink:
http://esa.un.org/unsd/sna1993/introduction.asp

Version Indicator: SNA

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Monday, November 05, 2001