The act of abstaining from proceeding against a delinquent debtor; delay in exacting the enforcement of a right; indulgence granted to a debtor. Reynolds v. ward, 5 wend. (N. Y.) 504; Diercks v. Ken-nedy, 16 N. J. Eq. 211; Dry Dock Bank v. American Life Ins., etc., Co., 3 N. Y. 354
Source: Black's Law Dictionary 2nd Ed (1910)
