KudoZ home » English to German » Finance (general)

workable letter of credit

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.

09:08 Nov 2, 2009

This question was closed without grading. Reason: No acceptable answer

English to German translations [PRO]
Bus/Financial - Finance (general)

English term or phrase: workable letter of credit

Der Satz lautet:
"The Purchaser shall open a progressive, irrevocable, ***workable*** sight letter of credit for balance 90% [sic] of the Price as per the term sheet to be mutually agreed".

Danke für Hinweise!

Bettina Rittsteuer KudoZ activity Questions: 164 (2 open) (6 without valid answers) (15 closed without grading) Answers: 100
Local time: 03:37

Summary of answers provided

tragfähiges Akkreditiv

Goldcoaster

ordnungsgemäßes Akkreditiv

seehand

3 -1

unwiderrufliches bestätigtes Akkreditiv

Michél Dallaserra

Answers

32 mins confidence:

peer agreement (net): -1

unwiderrufliches bestätigtes Akkreditiv

Explanation:
Im Gegensatz zu einem unwiderruflichen unbestätigten Akkreditiv (siehe Link).

"Unwiderrufliches bestätigtes Akkreditiv: Die Bestätigung eines unwiderruflichen Akkreditivs durch eine Bestätigungsbank begründet zusätzlich zur Akkreditivverpflichtung der eröffnenden Bank eine feststehende Verpflichtung der Bestätigungsbank zur Akkreditivleistung, sofern vom Akkreditivbegünstigten die Akkreditivbedingungen erfüllt werden. Die Bestätigung von Akkreditiven dient der zusätzlichen Absicherung des Exporteurs vor Risiken, die unbestätigte Akkreditive nicht bzw. nicht hinreichend abzudecken vermögen. Dies sind v.a. das Risiko der Insolvenz der akkreditiveröffnenden Bank sowie die politischen Risiken (Zahlungs-, Transferverbote etc.).

Reference: http://wirtschaftslexikon.gabler.de/Definition/akkreditiv.ht...

Michél Dallaserra
Germany
Local time: 03:37
Works in field
Native speaker of:

German,

English

2 hrs confidence:

tragfähiges Akkreditiv

Explanation:
eine allseits in der Geschäftspraxis anerkannte Form des Akkreditivs

Goldcoaster
Switzerland
Local time: 03:37
Native speaker of:

English,

German
PRO pts in category: 77

1 day2 hrs confidence:

ordnungsgemäßes Akkreditiv

Explanation:
Ich frage mich, ob das nicht einfach heißen soll, dass dieses Akkreditiv eben "proper" ist ...

--------------------------------------------------
Note added at 1 Tag5 Stunden (2009-11-03 14:10:14 GMT)
--------------------------------------------------

sorry, Sichtakkreditiv

seehand
Germany
Local time: 03:37
Native speaker of:

German
PRO pts in category: 4

Return to KudoZ list

KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

Overview

Latest translation questions

Ask a translation question

See also:

ProZ.com term search

Search millions of term translations

workable letter of credit

Login or register (free and only takes a few minutes) to participate in this question.

Answers

Sign in to your ProZ.com account...

Or create a new account

ProZ.com ideas

KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

workable letter of credit

Login or register (free and only takes a few minutes) to participate in this question.

Answers

Sign in to your ProZ.com account...

Or create a new account

ProZ.com ideas

KudoZ™ translation helpThe KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.