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 enforcing creditor initiates the enforcement proceedings in order to collect outstanding claims. Discover more in the detailed article!
Debt recovery refers to the collection of claims, usually through enforcement measures. Learn more about procedures and rights in the detailed article!
An enforcement order instructs authorities to enforce claims. Want to learn more? Dive deep into the topic!
A day trip is an excursion without an overnight stay. Discover how you can experience new places with short getaways – find out more in the article!
Revolving describes flexible lines of credit with a replenishable credit limit. Learn more about how it works & advantages – now in the glossary!
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!
The subsequent attachment secures additional claims in the course of an attachment. Find out in the article how it protects your rights and when it applies!
An originator initiates processes or loans. Learn in the article how originators play central roles in finance and technology! Discover more now!
Notes are digital or handwritten notes for personal organization and ideas. Discover how notes can make your everyday life easier!
Undisputed claims are uncontested demands that can be enforced without legal proceedings. Learn more about the legal details here!
Factoring is the sale of receivables to a service provider to increase liquidity. Learn more about the advantages and how it works!
An allonge is an annex attached to securities for the continuation of endorsements. Learn more about its meaning and application in the lexicon!
Default describes the failure to meet financial obligations, e.g., in the case of loans. Learn more about causes and consequences – discover the article now!
Credit means trust in financial repayment. Learn more about types of credit and their advantages – discover the full article now!
