https://www.proz.com/kudoz/german-to-english/law-patents-trademarks-copyright/156227-pfandrechte.html
This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. German to English
  3. Law: Patents, Trademarks, Copyright

Pfandrechte

English translation: security rights over movables

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Pfandrechte
English translation:security rights over movables
Entered by: Astrid Elke Witte

20:59 Feb 28, 2002
German to English translations [PRO]
Law/Patents - Law: Patents, Trademarks, Copyright / Trademarks
German term or phrase: Pfandrechte
It's in the heading of one of the sections on an Austrian Trademark Registration Certificate:

"Lizenzen und Pfandrechte:"
Astrid Elke Witte
Germany
Local time: 11:42
security rights over movables
Explanation:
This term covers both pledges and (rights of) liens and is probably the best allround term to use in a general context.

--------------------------------------------------
Note added at 2002-03-02 07:07:44 (GMT)
--------------------------------------------------

Seeing, that a number of people are obviously not very familiar with the concept of Pfandrecht, here some legal basics: The German Pfandrecht is a right in rem that entitles the creditor to satisfaction of a claim (provided certain requirements are met) by selling the thing (movable) given as a security. This right may be associated with actual possession of the movable, but not necessarily (=> gesetzliches Pfandrecht des Vermieters).
In GB, it is customary for the lienholder to retain possession of the property on which the lien has been obtained, whereas in the US it is more usual that a lien does not involve retention by the lienholder. In the US, when the creditor possesses the collateral, pledge is the more usual term. (Garner, Dico of modern legal usage)
\"Security right\" would not only work in both jurisdictions, but would also encompass cases where the creditor does not have actual possession of the collateral.
Selected response from:

Beate Lutzebaeck
New Zealand
Local time: 21:42
Grading comment
Thank you for helping me out once again, Darien. It is very useful for me that you have given a full explanation.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +5lien
Elvira Stoianov
4security rights over movables
Beate Lutzebaeck
3 -1foreclosure,forfeiture
1964


  

Answers


3 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
security rights over movables


Explanation:
This term covers both pledges and (rights of) liens and is probably the best allround term to use in a general context.

--------------------------------------------------
Note added at 2002-03-02 07:07:44 (GMT)
--------------------------------------------------

Seeing, that a number of people are obviously not very familiar with the concept of Pfandrecht, here some legal basics: The German Pfandrecht is a right in rem that entitles the creditor to satisfaction of a claim (provided certain requirements are met) by selling the thing (movable) given as a security. This right may be associated with actual possession of the movable, but not necessarily (=> gesetzliches Pfandrecht des Vermieters).
In GB, it is customary for the lienholder to retain possession of the property on which the lien has been obtained, whereas in the US it is more usual that a lien does not involve retention by the lienholder. In the US, when the creditor possesses the collateral, pledge is the more usual term. (Garner, Dico of modern legal usage)
\"Security right\" would not only work in both jurisdictions, but would also encompass cases where the creditor does not have actual possession of the collateral.


    Dietl/Lorenz
Beate Lutzebaeck
New Zealand
Local time: 21:42
Specializes in field
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 24
Grading comment
Thank you for helping me out once again, Darien. It is very useful for me that you have given a full explanation.

Peer comments on this answer (and responses from the answerer)
neutral  Steffen Pollex (X): How would you know that only movables are concerned?
11 hrs
  -> The legal concept of Pfandrecht concerns only movables - where immovables are concerned, the legal fraternity talks about Grundpfandrechte
Login to enter a peer comment (or grade)

6 mins   confidence: Answerer confidence 5/5 peer agreement (net): +5
lien


Explanation:
lien = The right to take and hold or sell the property of a debtor as security or payment for a debt or duty


    American Heritage + QuickDic
Elvira Stoianov
Luxembourg
Local time: 11:42
Native speaker of: Native in RomanianRomanian, Native in HungarianHungarian
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  Heidi Varblow: you are right!
26 mins
agree  swisstell
26 mins
agree  gangels (X): liens ("Rechte" is implicit)
41 mins
agree  Steffen Pollex (X)
11 hrs
agree  brute (X)
15 hrs
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): -1
foreclosure,forfeiture


Explanation:
Pfandrechte:lien, seizure of property in place of payment and Foreclosure..

In such context a lien does not make sense (? or perhaps makes sense and I do not know) However that last meaning foreclosure also means losing the right , also forfeiture


So maybe Lisence (A right) and foreclosure (Loss or termination of that right)
I am not sure just a proposal

--------------------------------------------------
Note added at 2002-02-28 22:30:07 (GMT)
--------------------------------------------------

Or Maybe Pledging /pledge rights thereupon

1964
Türkiye
Local time: 12:42
Specializes in field
Native speaker of: Native in TurkishTurkish

Peer comments on this answer (and responses from the answerer)
disagree  Kim Metzger: Foreclosure does not apply to movable property.
2849 days
  -> Thanks it has been 2849 days
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:
ProZ.com term search
Search millions of term translations