Schuldanerkenntnis
acknowledgement of debt; formal admission that a sum is owed
noun SHOOLT-an-er-kent-nis Rare
Usage Note
Schuldanerkenntnis (§ 781 BGB) creates an independent basis for a creditor's claim even if the underlying contract is disputed. It must be in writing; if notarised, it can serve as an enforceable title (Vollstreckungstitel). Plural: Schuldanerkenntnisse.
Examples
"Er unterzeichnete ein Schuldanerkenntnis über die ausstehende Summe."
Natural Translation
He signed an acknowledgement of debt for the outstanding sum.
Literal Translation
He signed an acknowledgement of debt over the outstanding sum.
Related Words
- Abmahnschreiben formal warning letter (demanding cessation of unlawful conduct)
- Abschiebung deportation
- Akteneinsicht access to files
- Amtsgericht local court
- Amtspflicht official duty; duty of care owed by a public official
- Anfechtungsklage action for annulment
- Angeklagte defendant
- Anhörung hearing; right to be heard (before a decision is made)
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