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Latest comment: 4 years ago1 comment1 person in discussion
"A forgivable loan, also called a soft second, is a form of loan in which its entirety, or a portion of it, can be forgiven or deferred for a period of time by the lender when certain conditions are met."
or simplified:
"A forgivable loan is a loan which can be forgiven when certain conditions are met."
That's like saying: "An acoustic q-switch is a q-switch that uses acoustics to switch".
What does 'forgiven' mean? It sounds like:
"A Forgivable Loan is a gift"
162.207.203.26 (talk) 03:31, 5 April 2020 (UTC)Reply
