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persoonlijke of zakelijke zekerheid

English translation: personal or collateral security


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:persoonlijke of zakelijke zekerheid
English translation:personal or collateral security
Entered by: Sherefedin MUSTAFA
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18:37 Aug 8, 2011
Dutch to English translations [PRO]
Bus/Financial - Business/Commerce (general)
Dutch term or phrase: persoonlijke of zakelijke zekerheid
het stellen van persoonlijke of zakelijke zekerheid;
Sherefedin MUSTAFA
Netherlands
Local time: 12:25
personal or collateral security
Explanation:
Also 'personal guarantee', but both 'security' sounds better. To do with loans and mortgadges.

'Zakelijk' is clearly not in the sense of 'business', but in th legal sense: somewhat'factual, physical', something that can be seized if the loan is not paid or the obligation not fulfilled.

Selected response from:

Kirsten Bodart
Germany
Local time: 12:25
Grading comment
Thank you all.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4personal or collateral securityKirsten Bodart
4 +1personal and collateral security
Tiux
4personal and business collateral
Alexander Schleber
4Security to people or businesses
Marie-Helene Dubois


  

Answers


10 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
Security to people or businesses


Explanation:
I would translate that phrase as "offering security to people or businesses".
Does that fit with your context?


Marie-Helene Dubois
Local time: 12:25
Specializes in field
Native speaker of: Native in EnglishEnglish
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14 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
personal and collateral security


Explanation:
personal security exists when a third party guarantees payment of a debt by a debtor to a creditor, whereas collateral security is a security which a debtor gives his/her creditor to guarantee the performance of his obligation.



    Reference: http://qje.oxfordjournals.org/content/43/1/94.full.pdf
Tiux
Local time: 12:25
Works in field
Native speaker of: Native in EnglishEnglish, Native in EstonianEstonian

Peer comments on this answer (and responses from the answerer)
agree  philgoddard: Or.
6 mins
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15 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
personal or collateral security


Explanation:
Also 'personal guarantee', but both 'security' sounds better. To do with loans and mortgadges.

'Zakelijk' is clearly not in the sense of 'business', but in th legal sense: somewhat'factual, physical', something that can be seized if the loan is not paid or the obligation not fulfilled.




    Reference: http://www.mijnwoordenboek.nl/vertaal/NL/EN/persoonlijke%20z...
    Reference: http://www.mijnwoordenboek.nl/vertaal/NL/EN/zakelijke%20zeke...
Kirsten Bodart
Germany
Local time: 12:25
Native speaker of: Native in DutchDutch, Native in EnglishEnglish
PRO pts in category: 12
Grading comment
Thank you all.

Peer comments on this answer (and responses from the answerer)
agree  Peter Moor: Jurlex agrees too
36 mins

agree  Tina Vonhof
4 hrs

agree  W Schouten
11 hrs

agree  Ankie_R
1 day23 hrs
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41 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
personal and business collateral


Explanation:
zekerheid => collateral / security refers here to both the personal and the business aspects.

Alexander Schleber
Local time: 12:25
Specializes in field
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 48
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