Definition: "Nicht eheliche (Lebens-)Gemeinschaft" in capital market context refers to a legal concept in German civil law that denotes a non-marital partnership or cohabitation.

It is a term primarily used in the context of inheritance and property rights, often encountered in family law and estate planning related to investments in stocks, loans, bonds, money markets, and crypto assets. In a "nicht eheliche (Lebens-)Gemeinschaft," two individuals live together and share their lives similarly to a married couple, but they are not legally married. This legal concept recognizes and protects certain rights and obligations between partners, granting them specific legal standing in regards to their shared assets and any corresponding financial agreements or contracts. Partners in a "nicht eheliche (Lebens-)Gemeinschaft" have certain rights and obligations in the context of investment in capital markets. For instance, they may jointly own stocks, loans, bonds, money market instruments, or crypto assets acquired during their partnership. In the event of a separation, they might face challenges in dividing these investments, especially if clear agreements regarding ownership and contributions were not established earlier. To protect their financial interests, partners in a "nicht eheliche (Lebens-)Gemeinschaft" are advised to draft a legally binding partnership agreement or contract. This agreement should outline the ownership rights, contributions, and responsibilities of each partner concerning their investments in capital markets. By doing so, partners can ensure fair distribution, clarity, and avoid potential disputes in the future. In conclusion, a "nicht eheliche (Lebens-)Gemeinschaft" is a legally recognized non-marital partnership that holds implications for investment in capital markets such as stocks, loans, bonds, money markets, and crypto assets. Therefore, it is crucial for individuals involved in such partnerships to establish clear legal agreements regarding the ownership and distribution of their investments to protect their financial interests and avoid potential conflicts.