Forbearance Agreement Law and Legal Definition. A forbearance agreement is typically an agreement to postpone, reduce, or suspend payment due on a loan for a limited and specific time period. Interest that accrues during the forbearance remains the debtor's responsibility.
1. river basin-the entire geographical area drained by a river and its tributaries; an area characterized by all runoff being conveyed to the same outlet; flood control in the Missouri basin.catchment area, catchment basin, drainage area, drainage basin, watershed, basin.detention basin-a storage site (such as a small reservoir) that delays the flow of water downstream. retention basin-a storage site similar to a detention basin but the water in storage is permanently obstructed from flowing downstream.atchment area, catchment basin, drainage area, drainage basin, watershed, basin. detention basin-a storage site (such as a small reservoir) that delays the flow of water downstream. retention basin-a storage site similar to a detention basin but the water in storage is permanently obstructed from flowing downstream.
A basin is otherwise called as 'watershed' too. A river basin is normally a part of the land drained by the river and its tributaries. You would find that all the streams down the hillocks flow into one river. The ocean is of course the final destination of the river into which all the streams flow in a basin.A basin is characterized by a flow of streams and creeks. Basin vs a Valley *River basin is the land area that is drained by a river and its tributaries; valley is a low land surrounded by hills or mountains often having a river o â¦ r stream running along the bottom. Basin Any land that descends into a river or a stream is called a basin.