Verfügungs

Verfügungs is not a stand-alone concept in itself, but the bound morpheme used in German to form terms related to the act of disposing of something or issuing an instruction. It derives from the noun Verfügung, which can mean an order, decree, or disposition of rights or property. In ordinary usage, Verfügungs appears primarily as a prefix or stem in compound nouns rather than as an independent noun.

In legal language, the Verfügungs stem appears in several common formations that denote the authority, power, or right to dispose of assets or rights. Typical examples include Verfügungsbefugnis (the legal authority to dispose of something), Verfügungsgewalt (the power to effect dispositions), and Verfügungsrecht (the right to make dispositions). The precise meaning and scope of these terms depend on the relevant legal framework, such as civil code, corporate law, inheritance law, or insolvency law.

Usage context and implications: Verfügungsbefugnis or Verfügungsgewalt is typically restricted by law or contract. For example, a person may have Verfügungsbefugnis over their own assets, while a trustee or insolvency administrator may obtain Verfügungsgewalt over assets in a bankruptcy proceeding. In partnerships or corporations, authorized officers or representatives exercise Verfügungsbefugnis within the bounds of corporate authorization and fiduciary duties.

See also: Verfügung, Verfügungsbefugnis, Verfügungsgewalt, Verfügungsrecht.