Glossary entry

Afrikaans term or phrase:

rouwkoop

English translation:

smart money; forfeit money

Added to glossary by Eivind Lilleskjaeret
Jul 10, 2002 10:08
21 yrs ago
2 viewers *
Afrikaans term

rouwkoop

Afrikaans to English Bus/Financial
From a Deed of Sale:

Should the Purchaser be found in default of the contract, then the Sellers shall be entitled to [such and such] and to retain all monies paid by the Purchaser as "rouwkoop" or as a genuine pre-estimate off liquidated damages.

This word appears in a contract I am translating from (South African) English to Norwegian.
Proposed translations (English)
4 smart-money; forfeit money

Proposed translations

1 hr
Selected

smart-money; forfeit money

Eivind,
these are the translations from a South African legal dictionary: afrikaans>english
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4 KudoZ points awarded for this answer. Comment: "Thank you Sandra!"
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