Váltókövetelés

Váltókövetelés refers to a monetary claim or debt that is formalized through a bill of exchange, known in Hungarian as a "váltó". A bill of exchange is a written order binding one party (the drawer) to pay a fixed sum of money to another party (the payee) or to their order, on demand or at a predetermined future date. This instrument is a legally recognized form of promissory note or an order to pay.

The term "váltókövetelés" specifically denotes the right of the holder of the bill of exchange to demand payment of the amount specified on the instrument. This claim can be transferred from one party to another through endorsement, creating a chain of ownership. The original payee may endorse the bill to a third party, who then becomes the new holder and possesses the right to claim the debt.

Váltókövetelés is commonly used in commercial transactions, particularly in international trade, as it provides a secure and recognized method of payment and financing. It can be discounted by banks before its due date, allowing the holder to receive funds earlier, albeit at a reduced amount. The legal framework surrounding bills of exchange and thus "váltókövetelés" is typically governed by national and international conventions, aiming to ensure clarity and enforceability of these financial instruments. The default on a "váltókövetelés" can lead to legal proceedings to enforce payment.