Fälligkeit
Fälligkeit refers to the point in time when a debt or obligation becomes due and payable. It is a fundamental concept in finance, contract law, and accounting. When a debt reaches its Fälligkeit, the debtor is legally obligated to make the payment to the creditor. This date is typically specified in a contract, loan agreement, invoice, or other legally binding document.
The Fälligkeit can be a fixed date, such as "December 31, 2024," or it can be contingent
Understanding Fälligkeit is crucial for both creditors and debtors. For creditors, it signifies when they can