procured surety

10:11 Feb 3, 2021
English to German translations [PRO]
Bus/Financial - Finance (general) / Facility letter
English term or phrase: procured surety
Es handelt sich um eine Facility Letter, welche unter anderem die Rechte und Pflichten des Bürgen regelt.

Der Satz lautet: "If you or any bonded company fails to repay any amount paid by the Surety or a procured surety under or in connection to a Bond upon first written request from the Surety or an agent thereof, interest shall automatically accrue on the overdue amount."

Es geht also um die Übersetzung von "procured surety". (surety=Bürge in diesem Fall).

Vielen Dank für Eure Hilfe!
Brainstorm
Austria
Local time: 12:50


Summary of answers provided
4 +1ein bestellter Bürge
Andreas Baranowski


  

Answers


19 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
ein bestellter Bürge


Explanation:
The surety which the borrower needs to procure if the co-signor (the Surety) defaults or is for any reason no longer acceptable to the creditor (a standard provision in most loan agreements).

Example sentence(s):
  • ... und fast alle alten Autoren 452 sind der Ansicht , daß ein in dieser Weise bestellter Bürge überhaupt nicht verpflichtet wird...

    https://books.google.co.jp/books?id=Eunm_7HOdIMC&pg=PA293&lpg=PA293&dq=%22bestellter+buerge%22&source=bl&ots=LchO5m0Ifn&sig=ACfU3U2lg_Lxk5F7
Andreas Baranowski
Japan
Local time: 20:50
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 9

Peer comments on this answer (and responses from the answerer)
agree  Adrian MM.: bzw. eine bestellte Bürgin: Duden is being re-written 'degendered' at the mo.
1 hr
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.

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:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search