To relinquish something means to let it go. You can relinquish a debt that someone has to you. But if you have a debt to someone else, you can't relinquish that, You owe that money to them.
Sure, hopefully you have a signed promissory note as evidence of the loan. If not, its your word against the defendant.
Debt is when you owe money. When you withdraw money, you are taking from money you already have. The reason for this question is that some confuse the word "debt" (money owed) with "debit" (withdrawing money). You use a debit card because there is money to withdraw, but if you are in debt on that account, the card would not work. One single letter makes a lot of difference.
money
What is the word for ask the dbank to advance money
A word to describe great riches, a lot of money, is wealth (wealthy)
The word "relinquish" is a verb.
IOU
accounts in which money is owed.
IOU
tab.
Relinquish your grip or suffer the consequences.
In order to get to heaven you must relinquish your evil desires.
In order to get to heaven you must relinquish your evil desires.
log, IOU, tab
debt
You can use the word "relinquish" to mean voluntarily giving up or letting go of something, such as power, control, or a claim. An example sentence would be, "She had to relinquish her position as CEO after the company encountered a financial crisis."
The word "relinquish" is not used in Spanish. A synonym of "relinquish" is "resign", and that is used in Spanish. To say "resign," you'd say "renunciar."