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  3. Finance (general)

réalisation des Sûretés

English translation: realisation of [the] collateral

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:réalisation des Sûretés
English translation:realisation of [the] collateral
Entered by: EirTranslations

15:25 May 31, 2015
French to English translations [PRO]
Bus/Financial - Finance (general)
French term or phrase: réalisation des Sûretés
For a Loan, pls see below thanks

L'Agent gérera les Sûretés bénéficiant aux Prêteurs en qualité d'agent, pour lui-même et pour le compte des Prêteurs.
L'Agent signera, ce que chacun des Prêteurs l'autorisent à faire à compter de la date à laquelle il devient partie à la Convention es qualité, sans qu'il soit besoin pour lui d'en référer à nouveau ou d'obtenir le pouvoir de tout Prêteur, toutes mainlevées relatives aux Sûretés bénéficiant aux Prêteurs, consenties au titre de tout Document de Sûretés que l'Agent est autorisé à effectuer ou est tenu d'effectuer conformément aux termes de la Convention.
En cas de conflit entre les stipulations de la Convention et/ou des Sûretés concernant les instructions données à l'Agent ou les questions affectant ce dernier au sujet des Sûretés, la Convention prévaudra.
Toute action relative à la réalisation des Sûretés ne pourra être intentée que par l'intermédiaire de l'Agent agissant sur instructions de la Majorité des Prêteurs.
EirTranslations
Ireland
Local time: 19:37
realisation of [the] collateral
Explanation:
Both of the other proposed translations are adequate, but this is the simplest and the most commonly encountered in EU EN.
Selected response from:

rkillings
United States
Local time: 11:37
Grading comment
thx
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1realisation of securities
Michelle Warmath (X)
5enforcement of security interests
Francois Boye
4realisation of [the] collateral
rkillings


Discussion entries: 2





  

Answers


26 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
realisation of securities


Explanation:
This is used both for titles and securities, when you use them to obtain the money. For a loan, the bank or loan agency would use the security to recover the money owed.



Example sentence(s):
  • "The only method of realising securities held under such lien would seem to be by recovering judgement for the debt and then taking the securities in execution."

    https://books.google.com/books?id=75IaAAAAYAAJ&pg=PA272&lpg=PA272&dq=realising+securities&source=bl&ots=g6IQxb7UK4&sig=HX90pPHBITAg4Zj1hzvzP
Michelle Warmath (X)
United States
Local time: 14:37
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  Germaine: http://www.btb.termiumplus.gc.ca/tpv2alpha/alpha-fra.html?la...
2 days 6 mins
  -> Merci Germaine, pour le lien, super!
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3 hrs   confidence: Answerer confidence 5/5
enforcement of security interests


Explanation:
http://www.cali.org/lessons/web/ct11_1/chapter_39.htm

Francois Boye
United States
Local time: 14:37
Specializes in field
Native speaker of: Native in FrenchFrench
PRO pts in category: 305

Peer comments on this answer (and responses from the answerer)
neutral  Michelle Warmath (X): This is a very interesting link, François, and reading the two (mine and yours) I should maybe defer to you as the specialist. Could you perhaps explain a bit further in detail? Are "realize" and "enforce synonymous? Thanks very much.
1 day 21 hrs
neutral  Germaine: Votre proposition a soulevé le même questionnement chez moi. Cf. Discussion. Par ailleurs, why sûreté réelle plutôt que sûreté (securities) tout court?
1 day 21 hrs
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2 days 2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
realisation of [the] collateral


Explanation:
Both of the other proposed translations are adequate, but this is the simplest and the most commonly encountered in EU EN.


    https://www.ecb.europa.eu/paym/coll/risk/html/index.en.html
rkillings
United States
Local time: 11:37
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1140
Grading comment
thx
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