gesecureerde borgtocht
| 20:53 Sep 9, 2015 |
| Dutch to English translations [PRO] Bus/Financial - Real Estate | |||||||
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| 4 | Secured bail |
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| 4 | collaterally secured (BrE) guarantee > (AmE) guaranty |
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| Suretyship secured by collateral assets |
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| Discussion entries: 3 | |
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Answers
11 hrs confidence: 
Secured bail Explanation: It depends on what kind of borgtocht it is, I cannot see the context but see website below to choose the right type of bail for the text. There are two types of bonds - secured and unsecured. A secured bond means that you actually pay money or bail property to secure your release. An unsecured bond or surety bond means you sign a document that says you will pay a certain amount of money if the defendant breaks his/her bond conditions. in short; bail is money, bond is (against) property and by a 3rd person. -------------------------------------------------- Note added at 11 hrs (2015-09-10 08:51:53 GMT) -------------------------------------------------- I see your posts about mortgages. This is prob. not your context. -------------------------------------------------- Note added at 12 hrs (2015-09-10 09:01:29 GMT) -------------------------------------------------- I understand it has something to do with Guarantor mortgages. It is a tricky one. Good luck. http://www.which.co.uk/money/mortgages-and-property/guides/f... Reference: http://www.diffen.com/difference/Bail_vs_Bond |
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14 hrs confidence:
collaterally secured (BrE) guarantee > (AmE) guaranty Explanation: You, Emma, were aching to get in the word collateral. So here it is. A guarantee in most civilized countries does serve as security. So why the guarantee itself needs to be secured e.g. by jewellery or company share certificates etc. is to me a Dutch mystery. -------------------------------------------------- Note added at 15 hrs (2015-09-10 12:52:22 GMT) -------------------------------------------------- suretyship is just another word for a guarantee and be prefixed with a contract of. -------------------------------------------------- Note added at 1 day13 hrs (2015-09-11 10:37:11 GMT) -------------------------------------------------- Then, use 'suretyship backed by its own security.' Reference: http://www.proz.com/?sp=gloss/term&id=18831470 |
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Reference comments
3 days 16 hrs |
| Reference: Suretyship secured by collateral assets Reference information: Subject to the conditions regarding the non-compliance for personal guarantees in Item 24.2 of these Guidelines, a CSBF loan may be ineligible if the lender has taken a personal guarantee or suretyship that is secured by collateral assets. https://www.ic.gc.ca/eic/site/csbfp-pfpec.nsf/eng/la03142.ht... In this document, a distinction is made between unsecured and secured personal or corporate guarantees and suretyships. |
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