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  3. Law (general)

неустойка в виде пени

10:46 Nov 6, 2008
This question was closed without grading. Reason: No acceptable answer

Russian to English translations [PRO]
Law/Patents - Law (general) / Контракты
Russian term or phrase: неустойка в виде пени
Господа, как Вы переводите данное выражение? Согласно нашему ГК неустойка бывает 2х видов: пени и штраф. Штраф устанавливается в виде однократно взыскиваемой суммы, тогда как пени назначается в качестве меры обеспечения против длящегося нарушения и соответственно пропорционально кол-ву дней, в течение которых имеет место нарушение. А есть ли в англ.языке аналоги?Заранее благодарю за участие
Kameliya
Russian Federation
Local time: 22:42


Summary of answers provided
5 +1Liquidated damages
alex11
4 +1Forfeit penalty
Alexander Kondorsky
4penalty in the form of interest
Alexander Onishko
4default interset
Oleksandr Yastremskyi
4Interest Charge
George Pavlov


Discussion entries: 8





  

Answers


4 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
penalty in the form of interest


Explanation:
*

Alexander Onishko
Works in field
Native speaker of: Native in RussianRussian, Native in UkrainianUkrainian
PRO pts in category: 128
Notes to answerer
Asker: а штраф in the form of interest разве не бывает?

Asker: thank you

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25 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Forfeit penalty


Explanation:
Two kinds of foreit damage compensation are stipulated in our Civil Code: Penalty and Fine

Alexander Kondorsky
Russian Federation
Local time: 20:42
Works in field
Native speaker of: Native in RussianRussian
PRO pts in category: 52
Notes to answerer
Asker: thank you


Peer comments on this answer (and responses from the answerer)
agree  axpamen
1 hr
  -> Thank you
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3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
default interset


Explanation:
also penalty interset



    Reference: http://www.multitran.ru/c/m.exe?t=1018808_1_2
Oleksandr Yastremskyi
Romania
Local time: 20:42
Works in field
Native speaker of: Russian
PRO pts in category: 4
Notes to answerer
Asker: thank you

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7 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Interest Charge


Explanation:
штраф is usualy a penalty or fine.

Example sentence(s):
  • An unpaid balance after the due date is subject to an Interest Charge of 1.5% per month.

    Reference: http://https://www.hydroottawa.com/PDFs/Residential_EN_Final...
George Pavlov
Canada
Local time: 13:42
Specializes in field
Native speaker of: Native in RussianRussian
PRO pts in category: 40
Notes to answerer
Asker: thank you, George. "Interest charge" seems to be quite a general term, doesn't it?

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8 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +1
Liquidated damages


Explanation:
In many international Contracts equal to Russian “неустойка в виде пени» согласно ГК. I researched this question for quite some time now, and according to Black’s Law Dictionary – in this case scenario Parties has no necessity to go to court, unless they have to, due to non-payment and they do not have a need to prove in court actual damages sustained.

alex11
United States
Local time: 13:42
Specializes in field
Native speaker of: Native in RussianRussian
PRO pts in category: 44
Notes to answerer
Asker: Thank you for your help, however based on what I found, liquidated damages is a FIXED sum of satisfaction for the violation of a contract. http://www.lectlaw.com/def/l045.htm. Seems like a forfeiture is a better English analog for Russian неустойка

Asker: compensation or damages go on top of the penalty...it is a different thing in the Russian civil law. So in case of a contract breach the injured Party is entitled to get both

Asker: thank you


Peer comments on this answer (and responses from the answerer)
agree  Dorene Cornwell: I would probably use just damages or compensation in the form of a fine a penalty and then translate the definition as provided in the text. My first instinct was penalty in the form of a fine or penalty; this variant is much better style.
14 hrs
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