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held by way of security

French translation: retenu à titre de garantie

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	held by way of security
French translation:	retenu à titre de garantie
Entered by:	Cyril Bel-Ange

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14:22 Jan 12, 2012

English to French translations [PRO]
Law/Patents - Law: Contract(s)

English term or phrase: held by way of security

 After the total amount held by way of security or retention reaches 10% of the contract price, payments on progress claims shall be 100% of the value of the claim.

Cyril Bel-Ange KudoZ activity Questions: 974 (none open) (92 closed without grading) Answers: 49
Local time: 16:20

retenu à titre de garantie

Explanation:
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Note added at 3 mins (2012-01-12 14:26:13 GMT)
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http://www.legal500.com/assets/images/devs/luxemb/fi/lufi_00...
"The Law applies to pledges, transfers of title by way of security (transfert de propriété à titre de garantie), repurchase agreements (mise en pension) and netting ..."