Unless otherwise defined on the financial market, a purchase price deferral (the seller agrees to receive a portion of the purchase price as a series of instalment payments). The seller of a security grants a loan to the buyer in this way, usually under contractually specified conditions.
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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/