COVER FUNDS title: cover funds (FS-CMS) (SAP Library - Glossary)
COVER FUNDS category: Collateral Management System (FS-CMS)
COVER FUNDS explained:
The cover provided at any time, for the entire amount of the outstanding mortgage bonds and municipal bond, up to the nominal value.
This cover is provided by means of mortgages and municipal loans of at least the same amount and having the same interest rate.
Real estate credit institutions are required to acquire premium reserve funds in line with § 6 (1) of the German Mortgage Bank Act.
More terms such as cover funds in Dictionary C.
- Manual CIDX Transaction Code:
- Help Transaction. CIDX aligns business processes between trading partners in a supply chain by providing standards.These standards are known as CIDX transactions. Each CIDX transaction has a particular cover funds definition.
- Manual Clearing Restriction:
- Help Prevents clearing for open items cover funds explain.
- Manual Connecting Carrier:
- Help The carrier that transports material in the subsequent section of a journey. You need to arrange details such as the time, as of when the carrier takes over the transportation of the material cover funds what is.
- Manual Customer (FIN-FSCM-BC):
- Help person whose vendors handle their payment transactions with SAP Biller Consolidator; the customer is the bill-to party (invoice recipient). The vendor (in this case, the biller) sends the bills to cover funds meaning.
- Manual Contract (IS-T):
- Help Any legally binding agreements that are arranged between a customer and a telecommunications company for a set period of time cover funds abbreviation.
