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Glossary entry

Norwegian term or phrase:

angrerett

English translation:

right of cancellation

Added to glossary by Christian Schoenberg
Mar 6, 2006 21:11
20 yrs ago
10 viewers *
Norwegian term

angrerett

Norwegian to English Bus/Financial Finance (general) suspension
'Bestillere har ikke angrerett.'
From a share issue prospectus.

Proposed translations

+2
1 hr
Selected

right of cancellation

It is also called "cooling-off right" and it refers to the right a person has to get advice and think objectively about a transaction.

Good luck!
Peer comment(s):

agree Charlesp : absoutely (and I waive my right to change my mind)
12 hrs
Thanks, Charles... for a lawyer to issue waivers - is the world coming to an end? :-)
agree William [Bill] Gray : I bow to the humble lawyer (see Charles' comments on my answer) and submit that this may be the superior translation here!! Cheers to all!
1 day 13 hrs
Hi Bill, thanks and cheers!
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4 KudoZ points awarded for this answer. Comment: "A good exchange on this one - wish I had more than 4 points to spread around to all that contributed."
5 mins

moneyback guarantee or payment refund

The right to change your mind about your purchase.
Peer comment(s):

neutral Charlesp : yes, but I am not sure about using these terms in this particular situation.
14 hrs
Thanks, Charles. I accept your judgment here!
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2 hrs

statutory cancellation right

statutory cancellation right = the right to cancel certain consumer purchase agreements

According to: Åge Linds Norsk- Engelsk juridisk ordbok

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Note added at 1 day16 hrs (2006-03-08 13:42:40 GMT)
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Lov om opplysningsplikt og angrerett m.v. ved fjernsalg og salg utenfor fast utsalgssted = The Act relating to the duty of disclosure and the right to cancel consumer purchase agreements, etc in respect of distance selling and sales contracts concluded away from the trader's business premises
Peer comment(s):

neutral Charlesp : as it is not a consumer purchase, I am not sure thatit is statutory
12 hrs
I'm just offering the translation given in the dictionary I use. ü
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