DEBT ASSIGNMENT
A transfer of debt, and all the rights and obligations associated with it, from a creditor to a third party. Debt assignment may occur with both individual debts and business debts. The company assigning the debt may choose to do so in order to improve its liquidity and/or to reduce its risk exposure. The debtor must be notified when a debt is assigned so that he or she will know who to make payments to and where to send them. If the debtor sends payments to the old creditor after the debt has been assigned, it is likely that the payments will not be accepted, which could cause the debtor to unintentionally default.
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Situation in which a broker splits an order for securities into smaller buy or sell orders. For some securities, smaller orders are easier to be ex ...
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Certified Insolvency and Reorganization Accountant - CIRA
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Mar | |
| 09:00 | PPI | Feb | |
| 12:00 | Current Account (sa) | Jan | |
| 13:00 | Bundesbank Monthly Report | ||
| 23:45 | Trade Balance | Feb | |
| 02:30 | Monetary Policy Meeting Minutes | ||
| 04:00 | Credit Card Spending | Feb | |
| 09:00 | Trade Balance | Feb | |
| 09:00 | Public Sector Net Borrowing | Feb |
