This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. Norwegian to English
  3. Law: Contract(s)

Sikkerhetsstillelse

English translation: Provision of Collateral

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:Sikkerhetsstillelse
English translation:Provision of Collateral
Entered by: Charlesp

18:33 Nov 10, 2011
Norwegian to English translations [PRO]
Law/Patents - Law: Contract(s) / Commerical Lease
Norwegian term or phrase: Sikkerhetsstillelse
The term "SIKKERHETSSTILLELSE" heads the paragraph below.
Selvskyldnergaranti
Kontraktsparten stiller selvskyldnergaranti fra finansinstitusjon som Selskapet aksepterer og som driver virksomhet her i riket etter konsesjon gitt av norske myndigheter.

That is all the context I have because it doesn't occur again, in a sentence; only as a title in the table of contents.
Roshini Sacra
United States
Local time: 00:31
Provision of Collateral
Explanation:
I would say "Provision of Collateral" to be more precise.

--------------------------------------------------
Note added at 3 days12 hrs (2011-11-14 07:32:33 GMT)
--------------------------------------------------

I revise:

I just noticed that this appears to be in the context of a lease agreement. If so, then collateral may not be appropriate here, but rather
"Provision of Financial Guarantee" would be more appropriate.
Selected response from:

Charlesp
Sweden
Local time: 06:31
Grading comment
Thank you!
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1Provision of Collateral
Charlesp
3 +2Collateral
Michele Fauble


  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
Collateral


Explanation:
www.kpmg.no/arch/_img/9714434.pdf
sikkerhetsstillelse. (”collateral”)

--------------------------------------------------
Note added at 1 hr (2011-11-10 19:38:34 GMT)
--------------------------------------------------

www.dana-petroleum.com/.../Charge over shares -...
“Financial Collateral Act" means the Norwegian Financial Collateral Act of 26 March 2004 no 17 (No: Lov om finansiell sikkerhetsstillelse)


Michele Fauble
United States
Local time: 21:31
Native speaker of: Native in EnglishEnglish
PRO pts in category: 12

Peer comments on this answer (and responses from the answerer)
agree  Per Bergvall: As a heading, it works well - but please refrain from a glossary entry, as these are nothing like synonyms. Sikkerhet (in context) is collateral.
12 hrs
  -> Yes, exactly - thanks
agree  Charlesp: I agree, and I agree with Per.
3 days 11 hrs
  -> thanks
Login to enter a peer comment (or grade)

3 days 12 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +1
Provision of Collateral


Explanation:
I would say "Provision of Collateral" to be more precise.

--------------------------------------------------
Note added at 3 days12 hrs (2011-11-14 07:32:33 GMT)
--------------------------------------------------

I revise:

I just noticed that this appears to be in the context of a lease agreement. If so, then collateral may not be appropriate here, but rather
"Provision of Financial Guarantee" would be more appropriate.


Charlesp
Sweden
Local time: 06:31
Specializes in field
Native speaker of: English
PRO pts in category: 36
Grading comment
Thank you!

Peer comments on this answer (and responses from the answerer)
agree  Per Bergvall: Welcome to the mutual agreement society.
37 mins
  -> Funny; but true.
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:
ProZ.com term search
Search millions of term translations
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search