Generally, a document that evidences a loan or contractual obligation (any document that is issued with a promise of repayment on a certain maturity date at a specified rate of interest. These types of securities include bonds, debentures, preferred stock, collateralized securities, promissory notes and zerocoupon securities). – Debt securities within the meaning of Section 793 of the German Civil Code (BGB), as is customary in the case of commercial credits, bank deposits, bill debts, bonds, etc. – Legally binding promissory bills within the meaning of Section 371 of the German Civil Code, issued when someone borrows money. – Any type of security backed by an asset, including securitization papers. – Debenture. – See securities, papers, title.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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