而是允许延期偿付

ér shì yǔn xǔ yán qī cháng fù

but instead allows debt moratorium; it means permitting delayed repayment of a debt

这次危机并没有要求立刻还清欠款，而是允许延期偿付来缓解企业压力。

This crisis does not require immediate repayment of the debt; instead, it allows a moratorium to ease pressure on businesses.

Etymology

This is a modern Chinese phrase formed by combining common Chinese vocabulary. The term 延期偿付 (delayed repayment) entered Chinese financial terminology in the early 20th century when Western financial concepts were introduced to China.

Memory Aid

Break the phrase into parts: 而是 (but instead) + 允许 (allow) + 延期 (postpone the date) + 偿付 (repay money) = but instead allows delayed debt repayment.

Collocations

政策而是允许延期偿付协议而是允许延期偿付法案而是允许延期偿付

Synonyms

却准许延期还债倒是允许延迟清偿

Antonyms

并且要求立即清偿还要求立刻还款

Related Words

债务延期偿付 moratorium违约