Glossary entry

Hungarian term or phrase:

bankra engedményezett

Hungarian answer:

assigned to the bank

Added to glossary by Jilt
Apr 4, 2013 10:07
11 yrs ago
Hungarian term

bankra engedményezett

Hungarian Bus/Financial Finance (general) Mortgage
Kedves forum,

Jol ertem, hogy ez azt jelenti, hogy a banknak kifizet a biztosito ha valami tortenik a vagyonnal (az ingatlannal)?

Context:
http://www.unicreditbank.hu/maganszemelyek/hitelek/lakashite...

Jilt

Responses

9 hrs
Selected

assigned to the bank

absolutely:
for a mortgage loan, you typically have 2 insurance contracts: one for life insurance and one for your home; both assigned to your bank, of course, to the amount still outstanding (you may get nothing when your house was burnt, but at least your debt is paid)
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