GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
---|---|---|---|---|---|---|
|
12:59 Mar 31, 2004 |
Dutch to English translations [PRO] Bus/Financial - Law: Contract(s) / Is this true in all cases and all english spoken countries? | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
| Selected response from: jarry (X) South Africa Local time: 08:30 | ||||||
Grading comment
|
Summary of answers provided | ||||
---|---|---|---|---|
4 +3 | Defaulting on loan servicing and loan principal |
| ||
4 | failure to meet commitments, obligations |
|
Discussion entries: 2 | |
---|---|
failure to meet commitments, obligations Explanation: Failure to meet (his/hers/their) obligations to repay the principal sum and interest. |
| |
Login to enter a peer comment (or grade) |
Defaulting on loan servicing and loan principal Explanation: obligations / commitments -------------------------------------------------- Note added at 2004-03-31 19:14:09 (GMT) -------------------------------------------------- Banks consider defaulting on interest (no hyphen) and redemption obligations too high a risk. Or: Banks consider defaulting on interest (no hyphen) and redemption obligations an excessively high risk. \"sluit XXX een lening met garantie voor rente- en aflossingsverplichtingen voor XXX af.\" XXX takes out a loan and XX stands surety for its servicing and repayment obligations. |
| |
Grading comment
| ||