# Deferment of payment (forbearance)

- Canonical URL: https://www.gerhardmerk.de/deferment-of-payment-forbearance
- Post ID: 592207
- Modified: 2023-07-25T20:59:02+00:00
- Language: en

## Definition

In the event of exceptional circumstances, the bank waives the agreed payment date for a customer in connection with a loan; the loan must nevertheless be paid off in full and on the original terms. - The bank extends a loan at risk of default under the most mitigated conditions; the burden on the customer is thus reduced. A deferral in this sense has been subject to reporting requirements since 2014. - See deferral of interest. - Cf. 2013 BaFin Annual Report, p. 72. 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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