# Hell-or-high-water contract (promise-to-pay-contract)

- Canonical URL: https://www.gerhardmerk.de/hell-or-high-water-contract-promise-to-pay-contract
- Post ID: 594748
- Modified: 2023-07-25T21:02:06+00:00
- Language: en

## Definition

In the financial market, the agreement that a buyer must make payments by the end of the contract, whatever happens (non-cancelable contract whereby the purchaser must make the stated payments to the seller, irrespective of any difficulties they may encounter). - See hurricane shock, catastrophe bonds, oil price shocks, shock, external, shocks, structural, terror shock, uncertainty, worst case scenario. 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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