Glossary entry (derived from question below)
Spanish term or phrase:
derechos reales de prenda de primero, segundo y posteriores rangos
English translation:
fixed charges ranking in first, second and subsequent priorities
Spanish term
United States
All languages are bridges.
Native in: English
Works in: Spanish to English, Quechua to English, English to Spanish, and 3 more.
derechos reales de prenda de primero, segundo y posteriores rangos
Now it's the description of "prendas" that I'd like to have more information about.
Here's the context:
Otorgar, modificar, ampliar, sustituir o cancelar cualesquiera documentos de garantía en relación con la Financiación Adicional y/o la Cobertura Adicional (incluídos, sin limitación, derechos reales de prenda de primero, segundo y posteriores rangos sobre cuentas bancarias, derechos reales de prenda de primero, segundo y posteriores rangos sobre acciones de la sociedad XXXX...
Hopefully that's enough context. I'm proofreading a document, and I'm wondering if her/his option is legitimate: "first, second and subsequent ranges of pledge rights on bank accounts/share of the company..." Research is showing me phrases like "first priority pledge", "first priority ranking pledge".
Suggestions? As always, a thousand thanks!
Mar 3, 2020 10:01: Adrian MM. Created KOG entry
Mar 3, 2020 10:01: Adrian MM. changed "Edited KOG entry" from "<a href="/profile/2688125">Adrian MM.'s</a> old entry - "derechos reales de prenda de primero, segundo y posteriores rangos"" to ""fixed charges ranking in first, second and subsequent priority""
Proposed translations
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: Scottish, British) 
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
(BrE fixed) charges (AmE) security interests ranking first, second and subsequently in priority
Pledges do not generally 'rank in priority')
No time to dwell on this one, but bank accounts can perfectly well be assigned = charged in E&W or 'liened' (?) in the USA.
I will leave others to work 'security interests' or liens into the equation.
The simplest way to answer these questions is to imagine creditor ranking as a ladder. Secured creditors have a legal right or charge over property.
Author of renowned dictionary
Native in: German 
, Italian
Works in: English to German, Italian to German, Spanish to German, and 1 more.
lien rights of first, seciond and followíng line
Italy
precision, quality, reliability
Native in: Italian
Works in: English to Italian, Spanish to Italian, French to Italian, and 5 more.
first, second and subsequent ranks of lien rights
https://iedunote.com/bank-lien-pledge
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