cross-collateralized and cross-defaulted
German translation: mit Gegenbesicherung und reziproker Verzugsklausel
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| 05:16 Dec 29, 2002 |
| English to German translations [PRO] Bus/Financial - Finance (general) | |||||||
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|  Selected response from: Edith Kelly Switzerland Local time: 02:28 | ||||||
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| 2 +1 | gegenbesichert und cross-defaulted |
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Answers
2 hrs confidence: 
peer agreement (net): +1
peer agreement (net): +1gegenbesichert und cross-defaulted Explanation: cross-collateral Sicherheit, die zur gleichzeitigen Besicherungen mehrerer Kredite dient (Zahn) cross-defaulted - lassen = (1) soll verhindern, dass sich ein Schuldner aussuchen kann, welche der Kredite oder Anleihen er zurückzahlen kann (bei GZS-Staaten) oder (2) reziproke Verzugsklausel, soll heißen, dass die Bank bei nicht ordnungsgemässer Erfüllung einen Grund zur Kündigung hat. Aber vielleicht weiß jemand was Besseres. -------------------------------------------------- Note added at 2002-12-29 07:36:27 (GMT) -------------------------------------------------- sorry typo GUS-Staaten. Ich würde aber auf (2) tippen. |
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