partial release
[PAR-shul ri-LES]
nounpl: partial releases
liberação parcial
1. A legal or contractual action in which a party is freed from only part of an obligation, liability, or claim, while remaining bound by other obligations
The creditor granted a partial release of the debt, forgiving 30% of the amount owed.
O credor concedeu uma liberação parcial da dívida, perdoando 30% do valor devido.
2. In real estate, a document that releases a portion of mortgaged property from a lien while the mortgage remains on other portions
The bank approved a partial release of the collateral after the borrower made substantial payments.
O banco aprovou uma liberação parcial da garantia após o mutuário fazer pagamentos substanciais.
3. In criminal law, the conditional freeing of a person from custody or confinement for part of their sentence
The prisoner received a partial release to a work-release program.
O prisioneiro recebeu uma liberação parcial para um programa de trabalho e liberdade.
The term 'partial release' is commonly used in Brazilian legal, financial, and real estate sectors. In the United States, it is particularly important in mortgage and construction law. In Brazil, partial releases are frequently negotiated in debt restructuring and real estate transactions, reflecting the country's complex legal frameworks for property rights and creditor protections.
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