limited in recourse

Greek translation: περιορίζονται ως προς την ικανοποίησή τους

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:limited in recourse
Greek translation:περιορίζονται ως προς την ικανοποίησή τους
Entered by: Spyros Salimpas

11:30 Jul 7, 2022
English to Greek translations [PRO]
Law/Patents - Law (general)
English term or phrase: limited in recourse
Claims against the Company of holders of debt Securities issued by the Company or any other creditors of the Company are limited in recourse to the assets of the Company. Claims of holders of debt Securities issued by the Company in relation to a specific Compartment or any other creditors whose claims arose in relation to such Compartment are limited to the assets of such Compartment only.
Spyros Salimpas
Local time: 18:22
περιορίζονται ως προς την ικανοποίησή τους
Explanation:
Οι απαιτήσεις περιορίζονται ως προς την ικανοποίησή τους / την εξόφλησή τους στα περιουσιακά στοιχεία της εταιρείας / του επιχειρηματικού τμήματος

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Selected response from:

Nick Lingris
United Kingdom
Local time: 16:22
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Ευχαριστώ!
4 KudoZ points were awarded for this answer



Summary of answers provided
3Περιορισμένης προσφυγής σε δανεισμό (από ρευστό ή περιουσιακά στοιχεία)
Anastasia Kalantzi
3περιορίζονται ως προς την ικανοποίησή τους
Nick Lingris


  

Answers


8 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Περιορισμένης προσφυγής σε δανεισμό (από ρευστό ή περιουσιακά στοιχεία)


Explanation:
https://www.investopedia.com/terms/r/recourse.asp
What Is Recourse?
A recourse is a legal agreement that gives the lender the right to pledged collateral if the borrower is unable to satisfy the debt obligation. Recourse refers to the lender's legal right to collect. Recourse lending provides protection to lenders, as they are assured of having some repayment, either in cash or liquid assets. Companies that use recourse debt have a lower cost of capital, as there is less underlying risk in lending to that firm.

Anastasia Kalantzi
Greece
Local time: 18:22
Native speaker of: Greek
PRO pts in category: 32
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18 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
περιορίζονται ως προς την ικανοποίησή τους


Explanation:
Οι απαιτήσεις περιορίζονται ως προς την ικανοποίησή τους / την εξόφλησή τους στα περιουσιακά στοιχεία της εταιρείας / του επιχειρηματικού τμήματος

Ή κάποια καλύτερο νομική διατύπωση...


Nick Lingris
United Kingdom
Local time: 16:22
Native speaker of: Native in GreekGreek
PRO pts in category: 444
Grading comment
Ευχαριστώ!
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