What is 'subsidy' in SAP FS-CMS - Collateral Management System?

subsidy - Overview

• Component: FS-CMS

• Component Name: Collateral Management System

• Description: A one-off or recurring payment from private funds or public authorities. Subsidies are generally referred to as subvention, assistance or benefits.

subsidy - Details

• 
  Key Concepts: 
  Subsidy is a form of financial aid or support extended to an economic sector (or institution, business, or individual) generally with the aim of promoting economic and social policy. In the context of SAP FS-CMS Collateral Management System, subsidies are used to provide financial assistance to borrowers in order to reduce their loan repayment burden. 
  
  How to use it: 
  In SAP FS-CMS Collateral Management System, subsidies can be used to reduce the amount of interest that a borrower has to pay on their loan. The subsidy can be applied directly to the loan or it can be used as a credit against future payments. The amount of subsidy available depends on the borrower’s financial situation and the type of loan they have taken out. 
  
  Tips & Tricks: 
  When applying for a subsidy, it is important to make sure that all the necessary documents are submitted in order for the application to be processed quickly and efficiently. It is also important to ensure that all the information provided is accurate and up-to-date. 
  
  Related Information: 
  For more information about subsidies and how they can be used in SAP FS-CMS Collateral Management System, please refer to the official SAP documentation.