ENG
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Termination option and exit option as well as abandonment option
on
2023/07/21 by
alex1, []
The contractual option of terminating an engagement earlier than originally planned. As a rule, the reasons for a possible exit are listed exhaustively and described in great detail, usually on the basis of model contracts. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University […]
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Direct debit [collecting] authorization, bill check
on
2023/07/21 by
alex1, []
A debtor authorizes the creditor to debit the amount owed directly from his account (a procedure of payment, in which a debtor permits a creditor to obtain payment directly from the debtor’s deposit account). This method of payment is particularly common in the case of regularly recurring payments by tele-service providers, electricity and gas suppliers, […]
