# Credit, non-transferable (untransferable credit)

- Canonical URL: https://www.gerhardmerk.de/credit-non-transferable-untransferable-credit
- Post ID: 591108
- Modified: 2023-07-25T20:59:24+00:00
- Language: en

## Definition

A loan granted by a bank which it retains on its books; in other words, it may not assign or securitize the claim. In principle, an institution is entitled to assign a claim (assignment of claim). However, the customer can exclude this by contract with the bank. In return, however, the customer usually has to pay a higher interest rate. - See loan sale, conservation, loan assignment, subrogation, securitization, rehypothecation, assignment, special purpose vehicle. 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

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