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English translation: deterioration in his financial situation


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German term or phrase:Vermögensverschlechterung
English translation:deterioration in his financial situation
Entered by: Bernhard Sulzer
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06:31 Apr 7, 2008
German to English translations [PRO]
Bus/Financial - Law: Contract(s) / facility management contract
German term or phrase: Vermögensverschlechterung
bei der jeweils anderen Partei eine wesentliche Vermögensgefährdung oder *Vermögensverschlechterung* eintritt oder gegen sie ein Antrag auf Eröffnung eines Konkurs- oder Nachlassverfahrens gestellt wird.


the respective other party experiences asset endangerment or asset deterioration, or if actions have been brought against the party to begin bankruptcy- or probate proceedings.

asset deterioration/depreciation,...?

Thank you!
Bernhard Sulzer
United States
Local time: 10:42
deterioration in his financial situation
is what I use for this; the earlier one would IMO be "suffer(s) financial difficulties"
Selected response from:

David Moore
Local time: 16:42
Grading comment
thank you!
4 KudoZ points were awarded for this answer


Summary of answers provided
4 +2deterioration in his financial situationDavid Moore



33 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
deterioration in his financial situation

is what I use for this; the earlier one would IMO be "suffer(s) financial difficulties"

David Moore
Local time: 16:42
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 370
Grading comment
thank you!
Notes to answerer
Asker: thanks a bunch! or "its" (= the party's) financial situation .. The party is a facility management company.

Peer comments on this answer (and responses from the answerer)
agree  mary austria
1 hr

agree  xxxAdrian MM.: whilst 'asset endangerment' for Vermögensgefährdung has not been queried.
8 hrs
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