# Prolongation also known as prorogation (prolongation, rollover, extension)

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- Post ID: 593178
- Modified: 2023-07-25T21:11:57+00:00
- Language: en

## Definition

In general, the extension in time of an existing debt relationship, and in particular the extension of a maturity, i.e. an extension of payment time, also called remise and remiss in older documents. - In older financial language, in particular, also the replacement of a due bill of exchange by issuing a new bill of exchange with a postponed maturity date. - See Atermoiement. 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