A bank temporarily or completely stops payments to a customer under a loan agreement because, as a rule, facts have become known that call into question the creditworthiness of the borrower. – In the course of the debt brake, the temporary prohibition of the state from taking out new loans – even those already approved by parliament. – See loan, revoked, downgrade trigger clause, third-party default clause, first-loss clause, event of default, credit scoring procedure, credit crunch, credit quality, overconfidence, forfeiture clause.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/