Almost all the banks call their programs for debt restructuring "amnesty programs". So I looked up the word amnesty.
Dictionary.com defines the word amnesty as...
Noun:
1. a general pardon for offenses, esp. political offenses, against a government, often granted before any trial or conviction.
2. Law. an act of forgiveness for past offenses, esp. to a class of persons as a whole.
3. a forgetting or overlooking of any past offense.
Given this definition, I'd say banks shouldn't use the word amnesty in naming these programs. It isn't accurate :)
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