Reaffirmation

(redirected from reaffirm)
Also found in: Dictionary, Thesaurus.
Related to reaffirm: thesaurus

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
In disagreement to reaffirmation of the Human Rights pledge, Senators Saah Joseph of Montserrado County and Daniel Nateehn of Gbarpolu County agree with PYJ that the pledge should be rejected and trashed out of the Liberian Senate because according to them, it makes no sense to reaffirm or recommit themselves to a pledge, but rather demonstrate patriotism as Liberians.
The UAE Cabinet approves new facilitation for expats sponsoring family members and reaffirms UAE's position as a hub for talents and the land of opportunities.
And based on the work programme, the Committee on Agriculture's special session will be held and as was committed in Bali and reaffirmed in Nairobi, a permanent solution should emerge by 2017, she added.
-- welcome progress made toward independence and democracy for East Timor and reaffirm their support for East Timor to build a sustainable nation.
The time has come for us as Canadian Bishops not only to reaffirm Humanae vitae but to re-present its teaching to the faithful.
Pakistan reaffirms its abiding interest in a democratic, peaceful and stable Turkey, the Prime Minister said.
The MT Hojgaard Group reaffirmed its outlook for 2019 of revenues of around DKK7.0bn, EBIT of around DKK75m and operating cash flow in line with 2018, including settlement of provisions already made for obligations in the MgO board cases.
He also reaffirmed Pakistan's support to China on all issues of its core interest.
President Rodrigo Duterte has reaffirmed the Philippines' decades-long alliance with the United States despite China's growing influence in the country.
by Times News Service This reaffirms the long-standing and historic relationship that binds the Oman and the UK
'The resolution reaffirms the inviolability of the right to self-determination for all peoples without exception, including, of course, the people of occupied Jammu and Kashmir and Palestine,' Pakistan's Ambassador to the UN, Dr Maleeha Lodhi, who is currently in Islamabad, said.