vakuusjärjestelynä
Vakuusjärjestelynä, often translated as a collateral arrangement or security agreement, is a legal mechanism used to secure a debt or obligation. In essence, it involves a borrower (debtor) providing an asset or assets to a lender (creditor) as a guarantee that the debt will be repaid. If the debtor defaults on their obligations, the creditor has the right to claim and sell the collateral to recover the outstanding amount.
The purpose of a vakuusjärjestelynä is to reduce the risk for the lender. By having collateral, the
This type of arrangement is common in various financial transactions, such as mortgages, car loans, business