Amortization is a term that describes how debts or investments are repaid over time. For example, when you take out a loan, you pay it back in small installments. These installments include both interest and a portion of the original amount. Amortization ensures that the debt is completely paid off after a certain period of time. It is therefore a way of making long-term payments manageable.

The credit line refers to the total amount of credit that you as a customer can dispose of. You can take out individual loans within this amount.

A single disbursement within the credit line is referred to as a loan withdrawal.

A beneficial owner is someone who actually has control over a company or assets, even if this is not necessarily visible at first glance. This means that this person reaps the benefits of the business or money, even if they are not officially registered as the owner. For example, someone could have a major influence in a company or receive the profits, even if someone else's name is on the commercial register.

Control owner:in is a term that refers to the person or group in a company who is in charge and makes the decisions. This person has control over the important aspects of the company, such as finance, strategy and management. In many cases, the controller is also the owner or managing director.

Global assignment is an instrument for securing loans. As part of a blanket assignment, receivables are assigned comprehensively, i.e. globally. The company (debtor/assignor) assigns all current and future receivables from its business operations to the lender (creditor/assignee).