KudoZ home » German to English » Finance (general)

Avalkredit

English translation: guarantee credit

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

German term or phrase:	Avalkredit
English translation:	guarantee credit
Entered by:	Alison Riddell

Options:
- Contribute to this entry

20:51 Jun 24, 2005

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

German term or phrase: Avalkredit

(syndicated loan)

Based on my question related to *Aval*, would *loan based on an aval* be appropriate for *Avalkredit* or should I use other wording?

Any help is greatly appreciated!

silfilla KudoZ activity Questions: 30 (none open) Answers: 1090 United States
Local time: 17:57

loan against aval

Explanation:
yes, you have found the right words

Selected response from:

Mustafa Er (BSc MA)
Turkey
Local time: 00:57

Grading comment

I used *aval-based loan* in my translation. Thanks, Mustafa, and all others who contributed.
4 KudoZ points were awarded for this answer

Summary of answers provided

5 +2

guarantee credit

Alison Riddell

4 +2

credit by way of bank guarantee

Kathi Stock

loan against aval

Mustafa Er (BSc MA)

bank guarantee (BG)

Raghunathan

Answers

52 mins confidence:

peer agreement (net): +2

credit by way of bank guarantee

Explanation:
Kreditinstitut übernimmt Dritten gegenüber die Haftung für Kunden bei nicht ordnungsgemäßer Vertragserfüllung
Laut Schäfer Wirtschaftswörterbuch

Kathi Stock
United States
Local time: 16:57
Works in field
Native speaker of:

German
PRO pts in category: 31

1 hr confidence:

peer agreement (net): +2

guarantee credit

Explanation:
"Avalkredit / guarantee credit
Gewährung eines Kredites, bei dem eine Bank in einem bestimmten Ausmass (Avallimite) die Verpflichtung einer Wechselbürgschaft übernimmt."

Reference: http://www.raiffeisen.ch/lexikon/avalkr-d.htm

Alison Riddell
Germany
Local time: 23:57
Specializes in field
Native speaker of:

English
PRO pts in category: 231

8 hrs confidence:

loan against aval

Explanation:
yes, you have found the right words

Mustafa Er (BSc MA)
Turkey
Local time: 00:57
Specializes in field
Native speaker of:

Turkish,

English
PRO pts in category: 8

Grading comment

I used *aval-based loan* in my translation. Thanks, Mustafa, and all others who contributed.

11 hrs confidence:

bank guarantee (BG)

Explanation:
I think, that will do.
The service provider SP) may insist on the customer furnishsing a bank guarantee just in case the customer is not honouring the payment commitment. In such a situation, the (SP) may revoke the BG to obtain payment. BG is issued by a bank on the request of a customer

Raghunathan
India
Local time: 04:27
Works in field
Native speaker of:

English
PRO pts in category: 88

Return to KudoZ list