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Danish to English translations [PRO]
Bus/Financial - Finance (general) | | Danish term or phrase: selvskyldnerkautionserklæring | I know this term has been posted before, and I agree with the suggestions submitted (eg surety, co-signer guarantee), but I want raise a specific issue, therefore it is posted again.
A "kautionserklæring" (similar to a "garantierklæring" is a simple guarantee (in fact sometimes referred to as a "simple kaution."
Therefore I am wondering what the specific meaning of "selvskyldner" might mean here. As it is a more specific term, having a preface, what is the specific meaning of the preface? I would think that "joint and several" as in a "joint and several guarantee (or surety)" would explain it. As it is a guarantee (or surety), but a specific kind.
Could a "personal guarantee" also be called a "selvskyldnerkautionserklæring"? |
|  CharlespKudoZ activityQuestions: 1039 ( 4 open) ( 2 without valid answers) ( 71 closed without grading) Answers: 1020
| Local time: 13:43
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| | guarantee, surety, suretyship | Explanation:
accotding to L&H Business, kautionserklæring = [arv] administration bond; [straf.] bail bond.
selvskyldnerkaution = guarantee, surety, suretyship |
| Selected response from:
Diarmuid Kennan
Ireland
Local time: 12:43
| Grading comment | 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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8 mins confidence:  
28 mins confidence: peer agreement (net): +1 guarantee whereby the guarantor assumes primary liability
Explanation:
According to Helle Pals Frandsen's Dansk-Engelsk Juridisk Ordbog:
guarantee whereby the guarantor assumes primary liability
guarantee whereby the guarantor undertakes to hold himself liable as a primary debtor
US: absolute gurarantee; suretyship
(NB denne term er dog ikke længere entydig, da den ofte anvendes som generel betegnelse for kaution, dvs. uden at skelne mellem simpel kaution og selvskyldnerkaution.)
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A guarantee is a declaration, so I see no need to translate the erklæring element, apart from the context indicating that it is given, signed or in force etc.
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The translation workplace 
