What is Penhor Legal?
In this glossary, Penhor Legal 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 Penhor Legal used in finance?
In finance communication, this term appears in contexts such as: "O banco pode aplicar penhor até a quitação do empréstimo garantido."
Why does Penhor Legal matter in finance?
Penhor Legal 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 Penhor Legal?
Penhor Legal is mainly used by Financial Analysts, Bankers, and Traders.
What category does Penhor Legal belong to?
In this glossary, Penhor Legal 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.