nantissement en gage et nantissement de premier rang

14:37 Apr 13, 2005
French to English translations [PRO]
Law/Patents - Real Estate
French term or phrase: nantissement en gage et nantissement de premier rang
relating to loan
Emma B
Local time: 17:26


Summary of answers provided
4collateralis/zation and first-ranking charge = charge ranking first in priority
Adrian MM. (X)
4senior pledge
Stephanie Mitchel


  

Answers


47 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
senior pledge


Explanation:
Déjà paru sur ProZ.com - j'ai posé la question parce que j'étais engagée dans un long projet sur la négociation des obligations à haut rendement (junk bonds).

Il faudrait peut-être soumettre l'autre terme dans une demande à part.

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Note added at 54 mins (2005-04-13 15:32:00 GMT)
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you didn\'t make that clear

Stephanie Mitchel
United States
Local time: 11:26
Works in field
Native speaker of: English
PRO pts in category: 4
Grading comment
This expression relates to a loan and I therefore need to know the exact difference bt. the two terms in this context.
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Comment: This expression relates to a loan and I therefore need to know the exact difference bt. the two terms in this context.

5 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
collateralis/zation and first-ranking charge = charge ranking first in priority


Explanation:
When in doubt, call it by the umbrella term of (*registerable*) charge - includes pawns of contents, pledges of chattels and mortgages of land.

There is really no such as a first-/second-ranking lien as a lien is non-registerable in the UK.

... A first ranking charge over the assets and undertakings of Central Energy Australia Pty Limited (CEA) * A first ranking charge over the assets and ...



    Reference: http://bankrupt.com/TCRAP_Public/030415.mbx
Adrian MM. (X)
Local time: 17:26
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 165
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