Alimony: Canada Debt .ca defines Alimony

Bankruptcy Term Alimony

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Canada Debt has the definition to the bankruptcy and debt term Alimony. Finding answers to terms such as Alimony can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Alimony in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Alimony' is used as follows:

An amount given to one spouse by another while they are separated or divorced.