Blank assignment explains the transfer of claims without specifying the debtor in detail. Learn more about opportunities and risks – read now!
Legal Lexicon
Blank assignment explains the transfer of claims without specifying the debtor in detail. Learn more about opportunities and risks – read now!
The term “drawee” describes a person to whom something is referred. Discover in the article how versatile this term is used!
A co-creditor relationship describes the joint right of several persons to a claim. Discover how obligations and rights are shared in this context!
Tangible describes physical objects or tangible concepts. Curious? Dive into the world of Tangible and discover more!
Receivables are claims arising from goods delivered and services rendered. Learn how they keep companies liquid and manage risks – discover more now in the lexicon!
An obligor is a debtor who fulfills a contractual obligation. Discover in the article how obligors act and are liable from a legal perspective!
Undisputed claims are uncontested demands that can be enforced without legal proceedings. Learn more about the legal details here!
Indebtedness describes the state of being in debt. Learn more about causes, consequences, and possible solutions – discover all the details in our article now!
An allonge is an annex attached to securities for the continuation of endorsements. Learn more about its meaning and application in the lexicon!
Third parties are individuals who are indirectly involved in a legal proceeding. Learn more about their rights and duties – discover more in the legal glossary!
A debenture is an unsecured bond issued by a company. Learn more about benefits, risks, and areas of application – discover the article now!
