Vornahme von Sicherungsübereignungen

English translation: assigning as security / by way of security

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Vornahme von Sicherungsübereignungen
English translation:assigning as security / by way of security
Entered by: Ted Wozniak

13:29 Oct 3, 2013
German to English translations [PRO]
Bus/Financial - Finance (general)
German term or phrase: Vornahme von Sicherungsübereignungen
I'm translating the Gesellschaftsvertrag of a GmbH (US English). The following point is from a list of activities that require the approval of the shareholders' meeting:

Gewährung von Sicherheiten einschließlich der Vornahme von Sicherungsübereignungen außerhalb der gewöhnlichen Geschäftsbetriebes

I've found both assignment as security and chattel mortgage on proz already and I have a feeling that the first option is more appropriate here than the second, but with Vornahme? A second opinion would be greatly appreciated.
TransHorn
Germany
Local time: 20:18
assigning as security / by way of security
Explanation:
It's often best to take those German noun phrases and turn them into verb phrases in English, esp. with German constructions using vornehmen, erfolgen etc.
Selected response from:

Ted Wozniak
United States
Local time: 13:18
Grading comment
Thanks for the help!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1assigning as security / by way of security
Ted Wozniak


Discussion entries: 1





  

Answers


50 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
assigning as security / by way of security


Explanation:
It's often best to take those German noun phrases and turn them into verb phrases in English, esp. with German constructions using vornehmen, erfolgen etc.

Ted Wozniak
United States
Local time: 13:18
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 499
Grading comment
Thanks for the help!

Peer comments on this answer (and responses from the answerer)
agree  Sebastian Witte
6 mins
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