Was ist Pfandrecht?
Pfandrecht A legal right or claim by a creditor over an asset of a debtor as collateral to secure a debt or obligation, enforceable until the obligation is satisfied.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Pfandrecht” Used in Practice?
Eine Bank kann ein Pfandrecht auf Vermögen bis zur Rückzahlung des Darlehens halten.
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Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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Was ist Pfandrecht?
A legal right or claim by a creditor over an asset of a debtor as collateral to secure a debt or obligation, enforceable until the obligation is satisfied.
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