Legal Dictionary

Novation

literasihukum.com/kamus-hukum/264/novasi

…"Novation" is often used in a legal context. Source: Legal Practice Reference: Practice and litelegal regulations

Legal Dictionary

PKPU (Suspension of Debt Payment Obligations)

literasihukum.com/kamus-hukum/299/pkpu

…to assess the structure of organs, transactions, governance, and corporate responsibility. Source: Law Bankruptcy | Business and corporate terminology Reference: Law on Bankruptcy and PKPU | Concise editorial definition for initial orientation. Use…

Legal Dictionary

Roya (Release of Mortgage)

literasihukum.com/kamus-hukum/409/roya

…"Roya" is often used in a legal context. Source: Legal Practice Reference: Practice and litelegal regulations

Opinion • 15 Feb 2024

Understanding Somasi (Legal Notice) and Its Relationship with breach of contract

literasihukum.com/en/understanding-demand-letters-and-their-relationship-to-default

This article discusses a brief explanation of somasi (legal notice) and its use in practice.

Legal Dictionary

Debtor

literasihukum.com/kamus-hukum/89/debitur

Debtor An individual or legal entity that has debt to a creditor

Legal Dictionary

Debt to equity swap

literasihukum.com/kamus-hukum/1062/debt-to-equity-swap

Debt to equity swap Konversi debt becomes a capital investment (equity) in the debtor's company. Example: In financing, debt to equity swap is an important document/concept for managing risk. Banking & Finance General reference: banking…

Legal Dictionary

Execution of Mortgage Rights

literasihukum.com/kamus-hukum/92/eksekusi-hak-tanggungan

Execution of Mortgage Rights Action by the creditor to take repayment debt by selling the rights to which the mortgage is attached

Legal Dictionary

Haircut

literasihukum.com/kamus-hukum/1061/haircut

Haircut Reduction of principal or claim value in a settlement scheme debt certain. Example: In financing, haircut is an important document/concept for managing risk. Banking & Finance General reference: banking, financing, and markets…

Legal Dictionary

Fiduciary Security

literasihukum.com/kamus-hukum/126/jaminan-fidusia

…security that remains under the control of the fiduciary grantor, as collateral for repayment debt certain that gives preferred status to the fiduciary recipient over other creditors

Legal Dictionary

Credit Guarantee

literasihukum.com/kamus-hukum/128/jaminan-kredit

…assets or a person's statement of willingness to bear the repayment of a debt