FORDERUNG Meaning and
Definition
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FORDERUNG is a German term that is used to refer to a claim or demand for payment or settlement. It is a noun derived from the verb "fordern," which means "to demand" or "to claim." In the context of finance and business, FORDERUNG denotes an amount of money owed to a person or organization by another party. It can arise from various sources such as the sale of goods or services, loans, or contractual agreements, where one party is entitled to payment from the other.
FORDERUNG is an important concept in finance and accounting as it represents an asset for the creditor or the person who has the claim. It may be categorized as a short-term or long-term asset, depending on the expected timeline of receiving payment. Short-term FORDERUNG typically refers to amounts owed that are expected to be settled within one year, while long-term FORDERUNG are amounts expected to be collected beyond one year.
In financial reporting, FORDERUNG is commonly listed as an item on a balance sheet, providing information about the company's receivables. It is also significant for credit management and liquidity assessment, as the ability to collect FORDERUNG on time impacts the cash flow and financial position of an individual or organization. If FORDERUNG cannot be or are not collected, it may result in financial loss or additional costs for the creditor, such as legal actions or debt write-offs.
Common Misspellings for FORDERUNG
- dorderung
- corderung
- vorderung
- gorderung
- torderung
- rorderung
- firderung
- fkrderung
- flrderung
- fprderung
- f0rderung
- f9rderung
- foederung
- fodderung
- fofderung
- fotderung
- fo5derung
- fo4derung
- forserung
- forxerung
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