Looking for the verb quitar instead?
quita
feminine noun
1. (finance) 
a. release 
Como parte del trato con el bank, la empresa recibió una quita de la deuda.As part of the deal with the bank, the company received a release from the debt.
quita
1 [de deuda] release
2 (Latinoamérica) (descuento) rebate
3
de quita y pon: un cuello de quita y pon a detachable collar; una moda de quita y pon a passing fashion; la actitud que adopta es de quita y pon he's just adopting that attitude because it's expedient
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