Title (titles, papers; debt instrument; claim; element of expenditure; emoluments)

Generic term for all types of financial instruments, irrespective of their structure and distribution channel, such as stock exchange or private placement. – Often used as another term for papers. – Debt instrument. – In older documents, also a legal claim for payment. – An expenditure item in a public body (budget expenditure item). – In ecclesiastical law, also the income – especially from an endowment or from leased lands – for the subsistence of a clergyman. In older documents the beneficiary is also called titulant and beneficiant (beneficiary). – See benefice money, perpetuities, benefices.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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