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rouwkoop

English translation: smart money; forfeit money

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Afrikaans term or phrase:rouwkoop
English translation:smart money; forfeit money
Entered by: Eivind Lilleskjaeret
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10:08 Jul 10, 2002
Afrikaans to English translations [PRO]
Bus/Financial
Afrikaans term or phrase: rouwkoop
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.
Eivind Lilleskjaeret
Local time: 19:30
smart-money; forfeit money
Explanation:
Eivind,
these are the translations from a South African legal dictionary: afrikaans>english
Selected response from:

Sandra Nortje
South Africa
Local time: 19:30
Grading comment
Thank you Sandra!
4 KudoZ points were awarded for this answer

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Summary of answers provided
4smart-money; forfeit money
Sandra Nortje


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
smart-money; forfeit money


Explanation:
Eivind,
these are the translations from a South African legal dictionary: afrikaans>english


    Woordeboek van Regs- en Handelsterme; Smuts & Smuts
Sandra Nortje
South Africa
Local time: 19:30
Native speaker of: Native in AfrikaansAfrikaans, Native in EnglishEnglish
PRO pts in pair: 26
Grading comment
Thank you Sandra!
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