Fälligkeitstag

Fälligkeitstag is a German term that translates to "due date" or "maturity date." It is a fundamental concept in finance and business, referring to the specific date on which a debt or obligation becomes payable. This applies to a wide range of financial instruments and agreements.

In the context of loans, the Fälligkeitstag is the date when the borrower must repay the principal amount and any outstanding interest. For bonds, it signifies the date when the issuer must repay the bondholder the principal value of the bond. Bills of exchange and promissory notes also have a Fälligkeitstag, indicating when the payment is due.

Beyond formal financial instruments, the term can also be used in contracts for services or goods. For instance, an invoice might state a Fälligkeitstag for payment by the customer. Failing to meet this date can have consequences, such as incurring late fees or interest charges, and may also damage the payer's creditworthiness. Understanding the Fälligkeitstag is crucial for managing cash flow and ensuring timely fulfillment of financial commitments.