Legal Lexicon

Kreditvertrag

Unitranche

Unitranche combines senior and subordinated loans in a single facility. Learn more and discover the advantages of this form of financing – read now!

Tranche

A tranche is a partial segment of a financial transaction or loan issuance. Learn more about its meaning and application – now in the glossary!

Revolving

Revolving describes flexible lines of credit with a replenishable credit limit. Learn more about how it works & advantages – now in the glossary!

Mortgage

A mortgage is a home loan used to finance real estate purchases. Learn more about the types, procedure, and legal aspects in this article!

Indebtedness

Indebtedness describes the state of being in debt. Learn more about causes, consequences, and possible solutions – discover all the details in our article now!

Defeasance

Defeasance relieves debt by substituting replacement securities. Curious? Learn more about this clever financial strategy in the full article!

Default

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

Credit means trust in financial repayment. Learn more about types of credit and their advantages – discover the full article now!