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cas de défaut

English translation: incidence of default

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:cas de défaut
English translation:incidence of default
Entered by: dholmes (X)

09:38 Nov 24, 2007
French to English translations [PRO]
Law/Patents - Finance (general) / court case - subprimes
French term or phrase: cas de défaut
"X peut exercer son droit d’agrément que si aucun cas de défaut tel que défini aux contrats n’a été notifié à cette date et non régularisé" - "l’existence d’un cas de défaut au moment de la mise en place de la procédure de syndication empêcherait la société X d’émettre son droit de veto sur la participation d’une institution financière à cette syndication"
Financial institution syndication, banks etc, refusal to comply with contractual acquisition financing.
dholmes (X)
France
Local time: 03:18
incidence of default
Explanation:
logic tells me that this is referring to a specific incidence of default...
Selected response from:

AllegroTrans
United Kingdom
Local time: 02:18
Grading comment
Thank you
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1incidence of default
AllegroTrans
4event of default
Béatrice Huret-Morton
3case of default
malligajm
3incident of default
Mpoma


Discussion entries: 1





  

Answers


2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
case of default


Explanation:
how does this sound?

malligajm
Local time: 06:48
Native speaker of: Native in TamilTamil
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11 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
incidence of default


Explanation:
logic tells me that this is referring to a specific incidence of default...

AllegroTrans
United Kingdom
Local time: 02:18
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 267
Grading comment
Thank you

Peer comments on this answer (and responses from the answerer)
agree  gerard robin
12 hrs
  -> thanks
agree  MatthewLaSon: absolutely
1 day 6 hrs
  -> thanks
disagree  Mpoma: not "incidence", "incident"! Incidence is the "rate" of default (among a given group for example)
3784 days
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1 day 8 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
event of default


Explanation:
Cheers,

Béa

Béatrice Huret-Morton
Local time: 03:18
Specializes in field
Native speaker of: Native in FrenchFrench, Native in EnglishEnglish
PRO pts in category: 72
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3785 days   confidence: Answerer confidence 3/5Answerer confidence 3/5
incident of default


Explanation:
Allegro's answer is so close but fatally, misleadingly wrong!

"incidence of default" is the rate of default of a given group of the population.

Mpoma
United Kingdom
Local time: 02:18
Native speaker of: English
PRO pts in category: 21
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