Aufsätze Ökonomik

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Prof. Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.

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Emergency address also auxiliary address and, in older documents, besoin (referee in case of need, emergency address)

On a debt instrument in general and a bill of exchange in particular, the indication of an address which stands in for the obligor in the event of non-payment. – Papers with an emergency address were – and still are today – widely regarded with a certain suspicion. This is because it is reasonable to assume that the debtor indicated is unable or unwilling to pay when due. – See drawer, drawee.

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
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/

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