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garantia de insolvencia

English translation: insolvency guarantee/lien

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:garantia de insolvencia
English translation:insolvency guarantee/lien
Entered by: Codrut Tudor
Options:
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08:52 Mar 27, 2002
Spanish to English translations [PRO]
Bus/Financial
Spanish term or phrase: garantia de insolvencia
In a factoring contract. The factoring company assumes liability for the insolvency of the debtors under certain terms.
Is this insolvency guarantee/liability,
Thanks,
Linebyline
United Kingdom
Local time: 08:50
insolvency guarantee/lien
Explanation:
What I met in pratice was "insolvency lien", but I suppose "insolvency guarantee" works as well.
Selected response from:

Codrut Tudor
Romania
Local time: 10:50
Grading comment
Thanks,

Joanna
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +5insolvency guarantee/lien
Codrut Tudor


  

Answers


13 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +5
insolvency guarantee/lien


Explanation:
What I met in pratice was "insolvency lien", but I suppose "insolvency guarantee" works as well.

Codrut Tudor
Romania
Local time: 10:50
Native speaker of: Native in RomanianRomanian
PRO pts in pair: 23
Grading comment
Thanks,

Joanna

Peer comments on this answer (and responses from the answerer)
agree  Annette Flear
1 min

agree  jafroome
3 mins

agree  Dr. Chrys Chrystello
1 hr

agree  Parrot
3 hrs

agree  Atenea Acevedo
10 hrs
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