What is Pfandrecht?
In this glossary, Pfandrecht refers to: A legal right or claim by a creditor over an asset of a debtor as collateral to secure a debt or obligation, enforceable until the obligation is satisfied.
How is Pfandrecht used in finance?
In finance communication, this term appears in contexts such as: "Eine Bank kann ein Pfandrecht auf Vermögen bis zur Rückzahlung des Darlehens halten."
Why does Pfandrecht matter in finance?
Pfandrecht matters because it supports clear communication in Banking contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.
Who uses Pfandrecht?
Pfandrecht is mainly used by Financial Analysts, Bankers, and Traders.
What category does Pfandrecht belong to?
In this glossary, Pfandrecht is grouped under Banking. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.