Generally, the removal of a legal obligation by law (such as: peasant relief; abolition of serfdom) or by payment in money, as in easements. – The replacement of an existing loan with a new one, usually on different terms (the renegotiating of the terms of a loan, usually reducing payments by extending them over time and/or forgiving a portion of the principal). – The entry of a contracting party to release a party previously obliged to perform (party obliged). – Loan, short-term, lot purchase money.

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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/

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