Legal Lexicon

Sicherungsrechte

Debtor

A debtor is an accounting term referring to an individual or entity that must settle outstanding receivables. Learn more about their role in financial management!

Co-Creditor Relationship

A co-creditor relationship describes the joint right of several persons to a claim. Discover how obligations and rights are shared in this context!

Preferential Liens

Preferential liens grant certain creditors priority in claims. Learn how they protect assets – discover more in the article now!

Securitisation

Securitisation transforms receivables into tradable securities. Discover how the financial sector benefits from this – read the full article now!

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!