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geaccepteerd effect

English translation: accepted bill

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:geaccepteerd effect
English translation:accepted bill
Entered by: Willemina Hagenauw
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15:18 Mar 23, 2018
Dutch to English translations [PRO]
Bus/Financial - Business/Commerce (general) / conditions of sale
Dutch term or phrase: geaccepteerd effect
This is part of Flemish conditions of sale: The entire sentence goes:
"Elke wijziging in de toestand van de koper:
zoals overlijden, onbekwaamheid, ontbinding of wijziging van de vennootschap, protest van een geaccepteerd effect, onzekere solvabiliteit, concordaat, faillissement, laten ons toe garanties te eisen, zij het de overeenkomst totaal of gedeeltelijk op te zeggen."
Is anyone familiar with this expression. I only find it on Belgian websites in T&C's etc.
Willemina Hagenauw
Local time: 07:13
accepted bill
Explanation:
An "effect" is a bill, negotiable instrument, or negotiable security.
http://www.majstro.com/dictionaries/Dutch-English/effecten

Here's the meaning of "accept":
"To agree (on the part of the drawee) to pay it when due."
https://www.thefreedictionary.com/To accept a bill

And here's "protest":
"A written statement, made by a notary, at the request of a holder of a bill or a note that describes the bill or note and declares that on a certain day the instrument was presented for, and refused, payment."
http://legal-dictionary.thefreedictionary.com/protest

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philgoddard
United States
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Summary of answers provided
4accepted bill
philgoddard


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Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
accepted bill


Explanation:
An "effect" is a bill, negotiable instrument, or negotiable security.
http://www.majstro.com/dictionaries/Dutch-English/effecten

Here's the meaning of "accept":
"To agree (on the part of the drawee) to pay it when due."
https://www.thefreedictionary.com/To accept a bill

And here's "protest":
"A written statement, made by a notary, at the request of a holder of a bill or a note that describes the bill or note and declares that on a certain day the instrument was presented for, and refused, payment."
http://legal-dictionary.thefreedictionary.com/protest



philgoddard
United States
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 43
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