This question was closed without grading. Reason: No acceptable answer
May 27, 2005 04:48
18 yrs ago
8 viewers *
French term

solvabilité reconnue

French to English Law/Patents Law: Contract(s)
The term is in a contract, referring to a performance bond for the contract. The context is: "Cette garantie devra être émise par une banque de premier ordre dont la solvabilité est reconnue en Espagne." Good financial standing?

Discussion

Non-ProZ.com May 28, 2005:
Thankyou to everyone who gave me suggestions -- your time and effort is much appreciated. I think all the answers had their merits but I felt none of them was quite appropriate enough. Thanks again.

Proposed translations

+1
17 mins
French term (edited): solvabilit� reconnue

recognized solvency

New Central Bank Act Chapter IV - [ Traduire cette page ]
... pesos of the foreign exchange assets of the bank, the Bangko Sentral shall,
... Bangko Sentral or of other domestic institutions of recognized solvency; ...
www.bsp.gov.ph/about_bsp/ncba/ncba_h.htm - 42k - En cache - Pages similaires

[PDF] REPUBLIC ACT NO. 7653 THE NEW CENTRAL BANK ACT
Format de fichier: PDF/Adobe Acrobat
... Act based on these accounts shall continue to be for the account of the Central
Bank and shall be ... institutions of recognized solvency; ...
www.bsp.gov.ph/downloads/New_Central_Bank_Act.pdf - Pages similaires

THE NEW CENTRAL BANK ACT - CHAN ROBLES VIRTUAL LAW LIBRARY - [ Traduire cette page ]
... 7653 (The New Central Bank Act). Published by Chan Robles & Associates Law
... Bangko Sentral or of other domestic institutions of recognized solvency; ...
www.chanrobles.com/republicactno7653.htm - 204k
Peer comment(s):

agree Assimina Vavoula
16 mins
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+2
21 mins
French term (edited): solvabilit� reconnue

whose solvency is acknowledged

From what I've read, when it's talking about a bank, solvabilité means its solvency rather than something like creditworthiness or simply financial standing.
Peer comment(s):

agree GILLES MEUNIER
18 mins
agree margaret caulfield
14 hrs
Something went wrong...
22 mins
French term (edited): solvabilit� reconnue

...whose solvency is recognized...

This bond should be issued by an established/reputable bank "whose solvency is recognized in Spain."
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1 hr
French term (edited): solvabilit� reconnue

known for its good credit standing

HTH

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Note added at 1 hr 34 mins (2005-05-27 06:23:04 GMT)
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Hello Danielle,
strictly speaking, \"good creditworthiness\" is better here

Bucking the Trend--Strengthening Bank Creditworthiness in. Central and Eastern
Europe. Analyst:. John Gibling, London (44) 20-7847-7209; Alise Ross, ...
www.securitization.net/pdf/sp_bucking_100602.pdf
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3 hrs

known to be solvent

"cooperative intervention by the Chicago clearing house prevented the failure of banks that were **known to be solvent**"

Also see 'of known solvency'
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