borgsom
Borgsom is a monetary security paid by one party to another to guarantee the fulfilment of an obligation or to secure a legal remedy. The term is chiefly used in Dutch-speaking jurisdictions and appears in civil, administrative, and criminal contexts. A borgsom may be required to guarantee performance of a contract, cover potential damages, or ensure compliance with a court order. The amount is typically specified in an agreement or determined by a court, and the security can be provided in cash, by a bank guarantee, or by other accepted forms. The security is usually held by the obligee or by the court until the obligation is fulfilled or the contract ends; when discharged, the borgsom is refunded minus any deductions for breaches or outstanding sums, in accordance with applicable law or contract terms.
In housing rental, borgsom is commonly used as a security deposit to cover damages beyond normal wear
In criminal or administrative law, a borgsom may refer to a bail or monetary guarantee that a
The specific rules governing a borgsom—such as when it is demanded, how it is held, and when