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valutengerecht

English translation: see below

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07:39 Sep 11, 2000
German to English translations [PRO]
Bus/Financial
German term or phrase: valutengerecht
From a letter of subordination:
"Eine Zustimmung gilt ferner für den Fall als erteilt, daß unser Darlehen durch ein Darlehen in mindestens gleicher Höhe und zu vergleichbaren Bedingungen und mit einer identischen Rangrückgrittserklärung versehen seitens eines anderen Unternehms der ABC-Gruppe (valutengerercht) ersetzt wird."
Beth Kantus
United States
Local time: 18:12
English translation:see below
Explanation:
"valutengerecht = "under good value" - Zahn -

"valutengerechte Erfüllung von Zahlungsverpflichtungen" = meeting payment obligations under good value" - Zahn -

In your context, I might say "of/under good/equal value"

- HTH - Dan
Selected response from:

Dan McCrosky
Local time: 00:12
Grading comment
Thanks again to everyone for your help. Definitely need to get some Zahn!
4 KudoZ points were awarded for this answer

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Summary of answers provided
naSame value rateDenise Boehning
nasee belowDan McCrosky
nasee below
Elisabeth Moser


  

Answers


10 mins
see below


Explanation:
valutengerecht-waehrungsgerecht
Valuten sind value, valuta einer Waehrung i.e. Euro, US$ etc.
Thus, your sentence means, that should
they back out of the contract, they will
get their money back at the same value
it was, when they paid it. Lets say they
paid 500.00X for 100.00Y and now four
weeks later they would have to pay only
400X or 550X for the same amount of Y,
they still get back their original 500X


    Muret-Sanders
Elisabeth Moser
United States
Local time: 18:12
Native speaker of: Native in GermanGerman
PRO pts in pair: 772
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17 mins
see below


Explanation:
"valutengerecht = "under good value" - Zahn -

"valutengerechte Erfüllung von Zahlungsverpflichtungen" = meeting payment obligations under good value" - Zahn -

In your context, I might say "of/under good/equal value"

- HTH - Dan


Dan McCrosky
Local time: 00:12
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 1541
Grading comment
Thanks again to everyone for your help. Definitely need to get some Zahn!
Login to enter a peer comment (or grade)

34 mins
Same value rate


Explanation:
Valutengerecht = waehrungsgerecht

However, it does not always (in Englis) mean for the same rate (i.e foreign exchange rate) value, but can also mean for example if you are dealing with a loan (as it seems in this case, the same loan rate or interest rate.

So I would translate this term as value rate

Denise Boehning
United States
Local time: 18:12
Native speaker of: English
PRO pts in pair: 14
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