# Security amount

- Canonical URL: https://www.gerhardmerk.de/security-amount-2
- Post ID: 589149
- Modified: 2023-07-25T21:13:26+00:00
- Language: en

## Definition

In the case of contracts, the agreement that a sum of money (deposit; bail money) is deposited in order to guarantee the subsequent performance of the contractual partner. - A sum of money required in advance by the hotel to be paid by guests who are to be provided with special services, such as an in-house telephone system with free direct dialing or an Internet connection. - In Germany, during the reign of Chancellor Hitler (1933-1945), a one-time or annual payment imposed on disagreeable persons - especially Catholic clergy - to warn them against making statements critical of the government. - In German tax law, a payment corresponding to the contractual penalty. It is imposed on the taxpayer in the event that he fails to observe certain conditions under which he was granted a favorable tax treatment. - See security, security retention, Waarborgsgeld. 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/

## Machine-readable

- Generator: Merk Knowledge 1.1.1