Umowa gwarancyjna

English translation: guaranty contract

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Polish term or phrase:Umowa gwarancyjna
English translation:guaranty contract
Entered by: Milady P

10:19 May 28, 2015
Polish to English translations [PRO]
Law/Patents - Law: Contract(s) / business agreements
Polish term or phrase: Umowa gwarancyjna
Guarantee contract? Guarantee agreement?
Nie chodzi o gwarancję (potoczną), tylko o umowę gwarancyjną z określonymi stronami (gwarant, dłużnik) i postanowieniami - tytuł tej umowy.
Milady P
Poland
Local time: 01:36
surety contract; cosignor agreement; guaranty contract
Explanation:
(google: "define surety contract" etc.)

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Note added at 15 mins (2015-05-28 10:34:47 GMT)
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A surety contract is a legally binding agreement that the signee will accept responsibility for another individual's contractual obligations, usually the payment of a loan if the principal borrower falls behind or defaults. The person who signs this type of contract is more commonly referred to as a cosigner.
What are Surety Contracts? - FindLaw
consumer.findlaw.com/credit-banking.../what-are-surety-contracts.html
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guaranty legal definition of guaranty
legal-dictionary.thefreedictionary.com/guaranty
A guaranty is a contract that some particular thing shall be done exactly as it is agreed to be done, whether it is to be done by one person or another, and ...
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4th alternative: financial guarantee contract.
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Financial guarantee contracts and credit insurance - IAS Plus
www.iasplus.com/.../ias-39-financial-guarantee-contracts-an...
Financial guarantee contracts (sometimes known as 'credit insurance') require the issuer to make specified payments to reimburse the holder for a loss it incurs if a specified debtor fails to make payment when due under the original or modified terms of a debt instrument.
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(More context is needed to distinguish between (1, 2), 3, and 4.)


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Note added at 16 mins (2015-05-28 10:35:42 GMT)
--------------------------------------------------

cosigner is an alternate spelling of "cosignor".
Selected response from:

TechLawDC
United States
Local time: 19:36
Grading comment
Thank you :)
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1surety contract; cosignor agreement; guaranty contract
TechLawDC


Discussion entries: 3





  

Answers


11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
umowa gwarancyjna
surety contract; cosignor agreement; guaranty contract


Explanation:
(google: "define surety contract" etc.)

--------------------------------------------------
Note added at 15 mins (2015-05-28 10:34:47 GMT)
--------------------------------------------------

---
A surety contract is a legally binding agreement that the signee will accept responsibility for another individual's contractual obligations, usually the payment of a loan if the principal borrower falls behind or defaults. The person who signs this type of contract is more commonly referred to as a cosigner.
What are Surety Contracts? - FindLaw
consumer.findlaw.com/credit-banking.../what-are-surety-contracts.html
---
guaranty legal definition of guaranty
legal-dictionary.thefreedictionary.com/guaranty
A guaranty is a contract that some particular thing shall be done exactly as it is agreed to be done, whether it is to be done by one person or another, and ...
------
4th alternative: financial guarantee contract.
---
Financial guarantee contracts and credit insurance - IAS Plus
www.iasplus.com/.../ias-39-financial-guarantee-contracts-an...
Financial guarantee contracts (sometimes known as 'credit insurance') require the issuer to make specified payments to reimburse the holder for a loss it incurs if a specified debtor fails to make payment when due under the original or modified terms of a debt instrument.
-----
(More context is needed to distinguish between (1, 2), 3, and 4.)


--------------------------------------------------
Note added at 16 mins (2015-05-28 10:35:42 GMT)
--------------------------------------------------

cosigner is an alternate spelling of "cosignor".


TechLawDC
United States
Local time: 19:36
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 54
Grading comment
Thank you :)
Notes to answerer
Asker: Dzięki! A czy jest jakaś różnica miedzy Contract of Guarantee a Guaranty Contract? (Bo oba takie tytuły występują w google) W tym przypadku jest to umowa z 3 stronami: Gwarantor, Dłużnik, Beneficjent. Czy każdy z tych tytułów może być zastosowany zamiennie?


Peer comments on this answer (and responses from the answerer)
agree  LilianNekipelov
14 mins
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