TERMIUM Plus®

From: Translation Bureau

On social media

Consult the Government of Canada’s terminology data bank.

PAY OFF DEBT [6 records]

Record 1 2011-01-13

English

Subject field(s)
  • Neology and Linguistic Borrowing
DEF

Servitude resulting from inability to pay debts. Translation: péonage. The word péon appeared in French before 1880 as a borrowing from Spanish. Petit Robert (p. 1397) gives "paysan pauvre (qui n’a pas de cheval); the notion of poverty can be captured in one term.

OBS

A syntagma that uses the noun debt and the derivative peonage (peon, noun, borrowing from Spanish; -age, combining form). The term refers to the poor agricultural workers of Brazil who are semi-slaves of the landowners.

CONT

As late as 1960, millions of workers were subject to so-called debt peonage: forced to buy food and other necessities from their employers at prices that exceeded their wages, they remained in penury forever.

OBS

This social neologism is a pleonasm, since the accepted meaning of peonage incorporates the notion of semi-slavery due to inability to pay debts. Random House gives for peonage : 2. The practice of holding persons in servitude or partial slavery, as to work off a debt.(p. 1677). Debt peonage, therefore, will join free gift among the many pleonasms in our language.

Key term(s)
  • peonage

French

Domaine(s)
  • Néologie et emprunts

Spanish

Save record 1

Record 2 2005-10-28

English

Subject field(s)
  • Law of Contracts (common law)
DEF

The right of the debtor to pay off part or all of the debt without penalty prior to maturity, such as in a mortgage or agreement of sale.

French

Domaine(s)
  • Droit des contrats (common law)
Key term(s)
  • privilège de remboursement

Spanish

Save record 2

Record 3 2005-05-16

English

Subject field(s)
  • Loans
  • National and International Economics
  • Economic Co-operation and Development
CONT

Grants reduce the probability of poor countries experiencing debt distress. As we are seeing in the cases of Niger and Ethiopia, countries’ debt levels remain at unsustainable levels, despite HIPC [Heavily Indebted Poor Countries] debt relief and additional "topping-up" assistance. Grants free up scarce public resources, which would otherwise have been used to pay off outstanding loan commitments. These resources can be used to fund the kind of productive investments... such as infrastructure improvements and agricultural programs, which contribute to economic growth and poverty reduction.

CONT

On April 20th Ethiopia finally reached Completion Point under the Heavily Indebted Poor Countries (HIPC) Initiative and received ’topping-up’ debt relief.

French

Domaine(s)
  • Prêts et emprunts
  • Économie nationale et internationale
  • Coopération et développement économiques
CONT

Pour les pays qui ont atteint le point d'achèvement, mais continuent d'être surendettés en raison de facteurs exogènes, la communauté internationale peut envisager d'accorder un allègement de dette complémentaire («topping-up») à titre exceptionnel, au-delà du montant engagé au point de décision.

CONT

Si le cours des produits de base qu'il exporte a baissé depuis le calcul de l'allègement de la dette, un pays peut obtenir un «complément» d'allègement de la dette au «point d'achèvement», comme cela a récemment été le cas du Burkina Faso.

OBS

allègement : Cette graphie, puisée des Rectifications de l'orthographe recommandées par le Conseil supérieur de la langue française, est attestée dans le Petit Robert (2004).

Spanish

Save record 3

Record 4 2004-02-06

English

Subject field(s)
  • Law of Contracts (common law)
  • Law of Obligations (civil law)
  • Loans
DEF

A clause in a mortgage loan entitling the debtor to pay off all or part of the mortgage debt before payment becomes due.

French

Domaine(s)
  • Droit des contrats (common law)
  • Droit des obligations (droit civil)
  • Prêts et emprunts
DEF

Article du contrat hypothécaire spécifiant quand et comment les paiements par anticipation peuvent être effectués.

Spanish

Save record 4

Record 5 2002-09-27

English

Subject field(s)
  • Loans
OBS

Negative amortization occurs when regular loan payments do not meet or exceed the value of the interest on the principal. Therefore, even though the individual is making payments, the debt increases over time. New payments are then recalculated based on the higher debt, including the accumulated interest and it becomes difficult for the individual to pay off his debt.

French

Domaine(s)
  • Prêts et emprunts
OBS

L'amortissement négatif se produit lorsque les paiements réguliers ne sont pas égaux ou supérieurs au montant de l'intérêt couru sur le principal. Par conséquent, même si l'emprunteur effectue ses paiements, la dette augmente avec le temps. Les nouveaux paiements sont recalculés en fonction de la dette plus élevée, comprenant les intérêts accumulés, et il devient alors difficile pour l'emprunteur de rembourser sa dette.

Spanish

Save record 5

Record 6 1996-10-03

English

Subject field(s)
  • Banking
DEF

to pay off(as a debt) : liquidate.

French

Domaine(s)
  • Banque
OBS

un emprunt.

Spanish

Save record 6

Copyright notice for the TERMIUM Plus® data bank

© Public Services and Procurement Canada, 2026
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

Features

GCtranslate (available on the Government of Canada network only)

Use this artificial intelligence prototype to translate Government of Canada content up to and including Protected B. Available to employees of selected departments and agencies only.

Writing tools

The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.

Glossaries and vocabularies

Access Translation Bureau glossaries and vocabularies.

Date Modified: