Jan 25, 2017 08:34
7 yrs ago
7 viewers *
French term
titre(s) réalisé(s) en premier lieu
French to English
Bus/Financial
Finance (general)
Hi,
It is part of a credit agreement, in the mortgage note section.
I am not sure how to translate "réalisé".
Here is the sentence.
Thanks in advance for your help
"La Banque est en droit de déterminer à son gré quel(s) titre(s) doit/doivent être réalisé(s) en premier lieu et à quelle(s) créance(s) sera affecté le produit de réalisation."
It is part of a credit agreement, in the mortgage note section.
I am not sure how to translate "réalisé".
Here is the sentence.
Thanks in advance for your help
"La Banque est en droit de déterminer à son gré quel(s) titre(s) doit/doivent être réalisé(s) en premier lieu et à quelle(s) créance(s) sera affecté le produit de réalisation."
Proposed translations
(English)
4 | sold first | Octavio Armendariz |
4 | security/securities realised first | AllegroTrans |
2 -2 | securities made | Louisa Tchaicha |
Proposed translations
3 hrs
Selected
sold first
It is not securities that are being sold, but the mortgage loan itself. The proceeds will then be used to payoff any amounts owed.
Peer comment(s):
neutral |
AllegroTrans
: This may be the mechanism but it isn't what the word means and it isn't the industry term in the context
9 hrs
|
4 KudoZ points awarded for this answer.
Comment: "Thanks for your help."
-2
1 hr
securities made
Just a suggestion
Peer comment(s):
disagree |
Rob Grayson
: Way off
1 hr
|
disagree |
AllegroTrans
: wrong terminology
11 hrs
|
12 hrs
security/securities realised first
To "realise" a security means releasing its monetary value. In the case of mortgaged prioperty, this would normally imply selling.
[...] operation of the asset until such time as it may,
possibly, be able to realise its security by bringing in a new operator.
unidroit.org
[...] la continuité de l'exploitation jusqu'à, éventuellement,
la réalisation de sa sûreté en substituant un nouvel opérateur.
Methods of Realisation and Enforcing Security in respect of Irish Real ...
www.arthurcox.com/.../Arthur-Cox-Methods-of-Realisation-and...
This is the most straight- forward and commonly used practice for enforcing security in Ireland. Realising value from the property could take time (for example ..
[...] operation of the asset until such time as it may,
possibly, be able to realise its security by bringing in a new operator.
unidroit.org
[...] la continuité de l'exploitation jusqu'à, éventuellement,
la réalisation de sa sûreté en substituant un nouvel opérateur.
Methods of Realisation and Enforcing Security in respect of Irish Real ...
www.arthurcox.com/.../Arthur-Cox-Methods-of-Realisation-and...
This is the most straight- forward and commonly used practice for enforcing security in Ireland. Realising value from the property could take time (for example ..
Discussion