Besicherung

German

Etymology

besichern (to secure/collateralize) +‎ -ung

Pronunciation

  • IPA(key): [bəˈzɪçəʁʊŋ]
  • Hyphenation: Be‧si‧che‧rung

Noun

Besicherung f (genitive Besicherung, plural Besicherungen)

  1. (finance) collateralization, securitization (the process of pledging assets as a guarantee for the repayment of a loan or fulfillment of a contract)
    Eine ausreichende Besicherung durch erstklassige Staatsanleihen reduziert das Kreditrisiko für den Gläubiger erheblich.
    Sufficient collateralization with high-grade government bonds significantly reduces the credit risk for the creditor.

Declension

Synonyms

  • Kreditsicherung (credit securing)
  • Unterlegung (backing/provision of collateral)

Antonyms

  • Blankokredit (unsecured loan)

Hypernyms

Coordinate terms

  • Basiswert (the asset used as collateral)
  • Gläubiger (the party for whose benefit the collateral is held)
  • Haftung (legal liability for debts)
  • Margin Call (a demand for additional collateral when its value falls)
  • Verwertungsrisiko (the risk of failing to realize the value of the collateral)
  • Werthaltigkeit (the quality of the asset used for collateralization)
  • besichern (to collateralize)
  • Besicherungsgrad (collateralization ratio)

References