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quita

Quíta is a term used in Spanish with multiple, distinct meanings. As a verb form, it is the present indicative third-person singular of quitar (he/she/it removes) and also the informal tú command quita (remove!). In everyday speech, it appears in phrases such as “quita eso” meaning “remove that.” This usage shares its root with other forms of quitar, all conveying the action of taking away or removing.

In economic and financial contexts, quita refers to a reduction of a debt, typically a partial write-off.

Quíta can also function as a proper noun in some Spanish-speaking regions, appearing as a surname or

Pronunciation is typically kee-tah in Spanish, with the stress on the first syllable. The meaning of quita

A
deuda
with
a
quita
or
quitas
denotes
a
haircut
on
the
amount
owed,
usually
negotiated
between
debtor
and
creditor
and
often
combined
with
extended
payment
terms
or
other
concessions.
The
term
is
common
in
discussions
of
debt
restructurings,
sovereign
finance,
and
corporate
reorganizations,
especially
in
Latin
America
during
periods
of
financial
stress.
place
name.
The
word
is
encountered
in
various
regional
usages
and
can
carry
different
connotations
depending
on
the
context.
thus
depends
on
the
grammatical
role
and
the
surrounding
context,
ranging
from
a
simple
command
to
remove
something,
to
a
technical
term
describing
debt
reduction,
to
a
proper
name.