Oct 13, 2018 04:09
5 yrs ago
5 viewers *
English term

Equitable charge over shares

English to Spanish Bus/Financial Finance (general) Company Printout
Contexto:

Equitable Charge over Shares dated 21 February 2017 between XXX, as the company (the "Company") and YYY, not in its individual capacity but solely as collateral agent (the "Chargee").

Tengo "cargo equitativo sobre las acciones", pero no estoy segura.

¡Muchas gracias!

Proposed translations

2 hrs

garantia real/prenda/pignorado

Equitable charge refers to a security interest in property granted by a debtor. Equitable charges are similar to mortgage interests, and may be enforced by court order for sale. It does not grant ownership or possession to a creditor but gives him or her the right to the judicial process for recovery of the loan amount in case of non-payment.
Example sentence:

https://definitions.uslegal.com/e/equitable-charge/

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