Besicherung
German
Etymology
besichern (“to secure/collateralize”) + -ung
Pronunciation
- IPA(key): [bəˈzɪçəʁʊŋ]
- Hyphenation: Be‧si‧che‧rung
Noun
Besicherung f (genitive Besicherung, plural Besicherungen)
- (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
Declension of Besicherung [feminine]
Synonyms
- Kreditsicherung (credit securing)
- Unterlegung (backing/provision of collateral)
Antonyms
- Blankokredit (unsecured loan)
Hypernyms
- Risikomanagement (risk management)
- Sicherung (security/protection)
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)
Related terms
- besichern (to collateralize)
- Besicherungsgrad (collateralization ratio)
References
- “Besicherung” in Digitales Wörterbuch der deutschen Sprache
- “Besicherung” in Duden online