Forbearance
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
A delay in enforcing rights; the act by which a creditor waits for the payment of a debt due him by the debtor after it has become due. It is sufficient consideration to support assumpsit, or a guarantee.
27 L. J. Ex. 120; 2 H. & N. 517; 82 Ch. D. 289; 56 L. J. Q. B. 518; 57 L. T. 554; contra 1 Ex. 74; 16 L. J. Ex. 237.
A forbearance is a determination of the will, not to do some given external act. Or in not doing some given external act, and in not doing it in consequence of a determination of the will. Const. Jurisp.
1, 377.