Nov 11, 2021 22:06
2 yrs ago
20 viewers *
Spanish term

Fianza General

Spanish to English Bus/Financial Finance (general)
Este es el contexto:

"Estimados Señores:

Por la presente fianza (en adelante la “Fianza”), los suscriptos nos constituimos en fiadores solidarios, lisos, llanos y principales pagadores de todos los compromisos y obligaciones que XXX ( en adelante el “Deudor”) así como cualquier firma que sea continuadora de sus negocios, mantenga en la actualidad, vencidas o a vencer, o contraiga en el futuro con el Banco YYY. (en adelante, el “Banco”), convirtiéndonos por lo tanto en obligados directos de todas ellas en los mismos términos y condiciones establecidas en la documentación que instrumente cada una de las obligaciones afianzadas y las que a continuación se establecen:"

A ver qué piensan.
Gracias por sus sugerencias de antemano
Claudia

Discussion

claudia bagnardi (asker) Nov 19, 2021:
I picked your suggestion phil. Do post it!
claudia bagnardi (asker) Nov 12, 2021:
In fact, it was my first choice, phil
Cristina Zavala Nov 12, 2021:
Please do, philgoddard!
philgoddard Nov 12, 2021:
General guarantee I'd post that as an answer, since it seems the most obvious solution, but in my experience askers never select the most obvious solution :-)

Proposed translations

4 mins

General Pledge

General pledge refers to a pledge that secures all present and future principal debts of the debtor specified in the pledge agreement.

https://www.google.com/search?q="general pledge"&oq="general...
Example sentence:

A general pledge secures to the pledgee the principal, interest and default interest of all the principal debts of the borrower

The pledger is not liable for the debt with his other property or income. A natural person who gives a general pledge for another person's debts is protected by

Something went wrong...
40 mins

Suretyship

Suretyship = fianza, garantía
Surety= 3. A pledge or formal promise made to secure against loss, damage, or default; a security.
4. One who has contracted to be responsible for another, especially one who assumes responsibilities or debts in the event of another party's default. (American Heritage Dictionary)

https://www.lawinsider.com/clause/surety
SURETY. As additional security for its obligations under this PPP Agreement, the Private Party shall procure that each of the Shareholders shall, on or before the Signature Date, execute the Suretyship in terms of which each of the Shareholders shall bind itself as surety for the Private Party and co-principal debtor in solidum with the Private Party to SANParks for the due and punctual performance by the Private Party of its obligations under this PPP Agreement.
Something went wrong...
19 hrs

All-Monies Guarantee ; Blanket Bond, AmE

Fianza General : Blanket Bond, Robb, but refers to a specific banking employees' fidelity insurance or brokerage scenario in the USA.

In the UK, an All-Monies Charge would be security that would capture all the Borrower's future lending: mantonio.net/main/all-monies-guarantees-monetary-limits-on-banking-guarantees/

Low confidence as I can't work out if an employees' dishonesty scenario and in which country.

--------------------------------------------------
Note added at 19 hrs (2021-11-12 17:12:07 GMT)
--------------------------------------------------

all the Borrower's future lending : loan debts.....
Example sentence:

Transitioning from a blanket guarantee or extended coverage to a limited coverage system

A blanket bond is insurance coverage carried by brokerages and other financial institutions to protect them against losses due to employee dishonesty.

Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search