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单词 suspend payment
释义

suspend payment

(Of a company) cease to meet its financial obligations as a result of insolvency or insufficient funds.It followed that the debt, evidenced by the receipt, had not matured when the merchant suspended payment....
  • Wracked by civil wars, Mexico suspended payment on its international loans in 1861 and in retaliation a joint Anglo-Spanish-French force seized Vera Cruz.
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更新时间:2024/12/23 23:00:23