Seisachtheia was a set of reforms introduced by the Athenian statesman Solon around 594 BCE. The term translates to "shaking off of burdens," and it aimed to alleviate the economic hardships faced by the lower classes in Athens. One of the key features was the cancellation of debts, which freed many citizens from the threat of slavery due to unpaid loans. Additionally, Seisachtheia abolished the practice of debt bondage, where individuals could be forced into servitude to repay debts. This reform helped to promote social stability and laid the groundwork for future democratic developments in Athens.