GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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10:12 Mar 27, 2002 |
German to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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| Selected response from: msebold Canada Local time: 07:08 | ||||||
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Summary of answers provided | ||||
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4 | bank payment guarantee |
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4 | downpayment against bank guarantee/letter of credit (or letter of guarantee) |
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4 | paydown bank guarantee |
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4 | deposit |
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bank payment guarantee Explanation: . |
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downpayment against bank guarantee/letter of credit (or letter of guarantee) Explanation: Anzahlung leisten BANK make a down payment (or downpayment), make an advance payment, VW make a down payment Bankgarantie n sg f (Wirt/Jur) {Erkl} die Bank bürgt für Liquidität letter of guarantee (Wirt/Jur) (from a bank), bank letter of credit (US) Bankgarantie f BANK bank guarantee My shot HTH |
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paydown bank guarantee Explanation: I hope this helps |
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deposit Explanation: It means that, after the contractor obtains a bank guarantee (i.e. a performance guarantee) from his bank, the customer/client will provide a deposit in the amount of XXXX. -------------------------------------------------- Note added at 2002-03-27 20:58:46 (GMT) -------------------------------------------------- So: \"In accrodance with the agreed terms, the customer will provide the contractor, upon presentation of a bank guarantee by the latter, with a deposit in the amount of . . .\" HTH -------------------------------------------------- Note added at 2002-03-28 00:32:51 (GMT) -------------------------------------------------- Further thoughts: I\'m unable to find Anzahlungsbankgarantie as a composite term; as far as I know, the proper term is simply \"bank guarantee.\" I did find several instances where \"deposit/bank guarantee\" was used to indicate that there was a choice between providing a cash deposit or a bank guarantee. |
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