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jamac - platac

English translation: guarantor

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Croatian term or phrase:jamac - platac
English translation:guarantor
Entered by: Branka Stankovic McCarthy
Options:
- Contribute to this entry
- Include in personal glossary

05:45 Jun 27, 2006
Croatian to English translations [PRO]
Bus/Financial - Business/Commerce (general)
Croatian term or phrase: jamac - platac
nema dodatnog objašnjenja, ali u Hrv. često korišten izraz
ihodak4
Local time: 13:13
guarantor
Explanation:
A guarantor undertakes that he will repay a debt incurred by another person or company to a bank or other creditor and the bank or other creditor can require him to pay the outstanding amount if that person cannot or will not pay their indebtedness.

Ugovorom o jamstvu jamac se obvezuje prema vjerovniku da će ispuniti pravovaljanu i dospjelu obvezu dužnika, ako to ovaj ne učini.

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Note added at 17 mins (2006-06-27 06:02:56 GMT)
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Ili SURETY

A surety is a person who agrees to be responsible for the debt or obligation of another. The situation in which a surety is most typically required is when the ability of the primary obligor or principal to perform its obligations under a contract is in question, or when there is some public or private interest which requires protection from the consequences of the principal's default or delinquency. In most common law jurisdictions, a contract of suretyship is subject to the statute of frauds (or its equivalent local laws) and is only enforceable if memorialized by a writing signed by the surety.

http://en.wikipedia.org/wiki/Guarantor

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Note added at 20 mins (2006-06-27 06:05:17 GMT)
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:) A moze i WARRANTOR ILI WARRANTER

Noun 1. warranter - one who provides a warrant or guarantee to another

http://www.thefreedictionary.com/warrantor
Selected response from:

Branka Stankovic McCarthy
Serbia
Local time: 13:13
Grading comment
Hvala!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2guarantor
Branka Stankovic McCarthy


  

Answers


13 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
guarantor


Explanation:
A guarantor undertakes that he will repay a debt incurred by another person or company to a bank or other creditor and the bank or other creditor can require him to pay the outstanding amount if that person cannot or will not pay their indebtedness.

Ugovorom o jamstvu jamac se obvezuje prema vjerovniku da će ispuniti pravovaljanu i dospjelu obvezu dužnika, ako to ovaj ne učini.

--------------------------------------------------
Note added at 17 mins (2006-06-27 06:02:56 GMT)
--------------------------------------------------

Ili SURETY

A surety is a person who agrees to be responsible for the debt or obligation of another. The situation in which a surety is most typically required is when the ability of the primary obligor or principal to perform its obligations under a contract is in question, or when there is some public or private interest which requires protection from the consequences of the principal's default or delinquency. In most common law jurisdictions, a contract of suretyship is subject to the statute of frauds (or its equivalent local laws) and is only enforceable if memorialized by a writing signed by the surety.

http://en.wikipedia.org/wiki/Guarantor

--------------------------------------------------
Note added at 20 mins (2006-06-27 06:05:17 GMT)
--------------------------------------------------

:) A moze i WARRANTOR ILI WARRANTER

Noun 1. warranter - one who provides a warrant or guarantee to another

http://www.thefreedictionary.com/warrantor


    Reference: http://www.clickdocs.co.uk/glossary/guarantor.htm
    Reference: http://www.poslovniforum.hr/vijest.asp?id=187
Branka Stankovic McCarthy
Serbia
Local time: 13:13
Specializes in field
Native speaker of: Native in SerbianSerbian, Native in Serbo-CroatSerbo-Croat
PRO pts in category: 11
Grading comment
Hvala!

Peer comments on this answer (and responses from the answerer)
agree  Vladimir Mavar
9 mins
  -> hvala :)

agree  Emilija Ivanovska
8 hrs
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