" The word shemitah is most often translated as “the release” or “the remission.” The English word remission is defined as “the cancellation or reduction of a debt or penalty.” The Shemitah of ancient Israel refers not only to the releasing of the land but also to the nullification of debt and credit ordained by God and performed on a massive nationwide scale. "

― Jonathan Cahn , The Mystery of the Shemitah: The 3,000-Year-Old Mystery That Holds the Secret of America's Future, the World's Future, and Your Future!