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garantia de insolvencia

English translation: insolvency guarantee/lien

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:garantia de insolvencia
English translation:insolvency guarantee/lien
Entered by: Codrut Tudor

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: 06:28
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: 08:28
Grading comment
Thanks,

Joanna
4 KudoZ points were awarded for this answer



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: 08:28
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 (X)
1 min
agree  jafroome
3 mins
agree  Dr. Chrys Chrystello
1 hr
agree  Parrot
3 hrs
agree  Atenea Acevedo (X)
10 hrs
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