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phase out debts

Phrasal-verb Policy

Meaning

to gradually reduce or eliminate debts

Example Sentences

"The government plans to phase out debts over the next decade."

Related Expressions

pave the way for

to create conditions that make something possible

rally around

to come together to support someone or something

stand beside

to remain loyal or supportive to someone in difficult times

shut down

to turn off a computer or system

reach out with

to offer help or kindness to someone

cut down unemployment

to reduce the rate of people without jobs