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Reaffirmation
(redirected from reaffirms)

   Also found in: Dictionary/thesaurus, Legal 0.01 sec.
Reaffirmation
An agreement in which a borrower agrees to continue to be obliged to repay a debt, even if it otherwise would be discharged in bankruptcy. The reaffirmation must be signed before the debt is discharged. It is often used if a debtor wishes to maintain ownership of an asset, such as a car, that secures the reaffirmed debt.


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AaAaAa On bilateral relations, Badi said his country, which remains true to the special, exemplary relations of friendship, cooperation and solidarity with Morocco, reaffirms its commitment to consolidate brotherly bonds among all countries of the Maghreb region and the entire African continent.
In his message, the Vice President said that this festival celebrates the spirit of sacrifice shown by Prophet Ibrahim and reaffirms faith in the allegiance of man to God.
Based upon the guidance for total net product sales for 2004, Salix reaffirms that the Company will be profitable for the third and fourth quarters at a level to deliver earnings per share of $0.
 
 
 
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