Usually means: Reduction or cancellation of debt.
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We found 14 dictionaries that define the word debt relief:

General (9 matching dictionaries)
  1. debt relief: Oxford Learner's Dictionaries
  2. debt relief: Collins English Dictionary
  3. debt-relief: Wordnik
  4. debt relief: Cambridge Advanced Learner's Dictionary
  5. debt relief: Wiktionary
  6. Debt relief: Wikipedia, the Free Encyclopedia
  7. debt relief: Longman Dictionary of Contemporary English

Business (5 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. Debt relief: Bloomberg Financial Glossary
  3. Debt relief: Deardorff's Glossary of International Economics
  4. debt relief: Financial dictionary
  5. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (debt relief)

noun:  The partial or total forgiveness of debt.

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