Was ist Gesamttilgung?
Gesamttilgung The complete repayment of an outstanding loan balance, including principal, interest, and any accrued charges, thereby closing the loan obligation as per contract.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Gesamttilgung” Used in Practice?
Der Kreditnehmer forderte eine Gesamttilgungsabrechnung zur Ablösung des Hypothekendarlehens.
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Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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Was ist Gesamttilgung?
The complete repayment of an outstanding loan balance, including principal, interest, and any accrued charges, thereby closing the loan obligation as per contract.
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