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This bond is in default.

Dutch translation: Deze obligatie blijft in gebreke

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10:36 Jan 13, 2003
English to Dutch translations [Non-PRO]
Bus/Financial
English term or phrase: This bond is in default.
Sorry, no context. I was just given this phrase to translate. I have the feeling that it may have to do with non payment of interest? Anyone?
Willemina Hagenauw
Local time: 00:11
Dutch translation:Deze obligatie blijft in gebreke
Explanation:
Als een onderneming obligaties uitgeeft, maar die op de vervaldag niet kan uitbetalen of als de onderneming op de vervaldag failliet is, dan blijft de obligatie in gebreke.
Selected response from:

Joeri Van Liefferinge
Belgium
Local time: 01:11
Grading comment
Many thanks!

Willemina
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +3Deze obligatie blijft in gebreke
Joeri Van Liefferinge


  

Answers


4 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
Deze obligatie blijft in gebreke


Explanation:
Als een onderneming obligaties uitgeeft, maar die op de vervaldag niet kan uitbetalen of als de onderneming op de vervaldag failliet is, dan blijft de obligatie in gebreke.

Joeri Van Liefferinge
Belgium
Local time: 01:11
Native speaker of: Native in FlemishFlemish, Native in DutchDutch
PRO pts in pair: 90
Grading comment
Many thanks!

Willemina

Peer comments on this answer (and responses from the answerer)
agree  Evert DELOOF-SYS
10 mins

agree  Benny Raemaekers
1 hr

agree  Ariser
5 hrs
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