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counter indemnity letter

German translation: Ausfallrückbürgschaft

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:counter indemnity letter
German translation:Ausfallrückbürgschaft
Entered by: Kristina Wolf
Options:
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16:53 Sep 19, 2007
English to German translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: counter indemnity letter
Given the above, we are seeking approval to issue the cash confirmation (a bank guarantee) in Russian Rubles up to maximum RUB 110 bn (approx. EUR 3.15 bn), in favour of xxx on behalf of yyy (counterparty of the transaction - 100% directly owned by zzz) backed by a counter indemnity letter issued by zzz.

Wenn ich das richtig verstanden habe, handelt es sich hier um eine Rückbürgschaft bzw. Rück-Ausfallbürgschaft, wobei es diesen Termini nicht gibt. Würdet ihr Ausfall einfach weglassen oder gibt es einen anderen gängigen Begriff dafür?
Kristina Wolf
Australia
Local time: 22:27
Rückbürgschaft
Explanation:
abgeleitet von 'counterindemnify=rückverbürgen' (lt. Zahn)

also ohne 'Ausfall'
Selected response from:

Kristin Sobania
Germany
Local time: 14:27
Grading comment
Auf Nachfrage hat der Kunde um die Übersetzung Ausfallrückbürgschaft gebeten.
2 KudoZ points were awarded for this answer

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Summary of answers provided
3 +1Rückbürgschaft
Kristin Sobania


Discussion entries: 1





  

Answers


23 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
Rückbürgschaft


Explanation:
abgeleitet von 'counterindemnify=rückverbürgen' (lt. Zahn)

also ohne 'Ausfall'

Kristin Sobania
Germany
Local time: 14:27
Specializes in field
Native speaker of: German
PRO pts in category: 426
Grading comment
Auf Nachfrage hat der Kunde um die Übersetzung Ausfallrückbürgschaft gebeten.

Peer comments on this answer (and responses from the answerer)
agree  Hans G. Liepert: richtig, die Ausfallbürgschaft tritt dann ein, wenn die Vollstreckung in das Vermögen des ursprünglichen Schuldners erfolglos war.
4 mins
  -> Danke, Hans :-)
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