unverfallbare

"Unverfallbare" is a German term that translates to "irrevocable" or "non-revocable" in English. It is an adjective used to describe something that cannot be revoked, canceled, or changed once it has been established or agreed upon. This term is often used in legal, financial, and contractual contexts to emphasize the finality and binding nature of an agreement or decision.

In legal contexts, "unverfallbare" may refer to a provision in a contract that cannot be altered or terminated without the consent of all parties involved. For example, a non-revocable loan agreement would specify that the borrower cannot cancel the loan without the lender's approval.

In financial contexts, "unverfallbare" might describe an investment or financial instrument that cannot be withdrawn or sold until a specified date or condition is met. This term is commonly used in the context of retirement accounts and other long-term savings plans.

The use of "unverfallbare" helps to ensure clarity and predictability in agreements and transactions, as it clearly communicates that once a decision or action is taken, it cannot be undone. This can provide reassurance to parties involved and help to prevent disputes or misunderstandings. However, it is important to note that the use of "unverfallbare" should be carefully considered, as it can also limit flexibility and may not be suitable for all situations.