Lost the capacity of debt redemption;

丧失债务清偿能力的；

youdao

The lightening or moratorium of debt is emphasized in the system of bankruptcy conciliation in order to attain the goal avoiding the debtor's bankruptcy by resuming his ability of debt redemption .

破产和解制度强调债务的减额或延期偿还，通过恢复债务人的偿债能力以达到避免债务人破产的目的。

youdao

And when the Treasury does, total government debt subject to the debt limit falls by the amount of the redemption thus freeing up the Treasury's ability to issue new bonds equal in amount to the redeemed Trust Fund bonds.

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