Mar 20, 2007 17:38
17 yrs ago
Dutch term
United Kingdom
satisfaction guaranteed
Native in: English
Works in: Dutch to English, Flemish to English, French to English
concernverklaring
Dutch to English
Bus/Financial
Business/Commerce (general)
procurement
Overleggen van een concerverklaring indien een Deelnemende Partij deel uitmaakt van een concern en inzake een van de minimumeisen op enigerlei wijze een beroep doet op de draagkracht of bekwaamheden van een onderneming elders binnen het concern
maybe Corporate Guarantee ?
maybe Corporate Guarantee ?
Proposed translations
(English)
| 4 | intra-group guarantee |
LouisV (X)
|
| 3 | Letter of Comfort |
jarry (X)
|
Proposed translations
11 hrs
Selected
intra-group guarantee
In my experience, the terms 'corporate guarantee' and 'company guarantee' are also used, but in a general sense, rather than a specific one (in documents).
Reference:
4 KudoZ points awarded for this answer.
Comment: "thanks louis"
2 hrs
Letter of Comfort
Letter of Comfort
A letter issued to a lending institution by a parent company acknowledging the approval of a subsidiary company's attempt for financing.
Not 100% sure about this but looks suspiciously like a Dutch translation of the English term.
http://financial-dictionary.thefreedictionary.com/letter of ...
Notes:
The 'letter of comfort' in no way guarantees the loans approval for the subsidiary company. It merely gives reassurance to the lending institution that the parent company is aware and approves of the situation.
A letter issued to a lending institution by a parent company acknowledging the approval of a subsidiary company's attempt for financing.
Not 100% sure about this but looks suspiciously like a Dutch translation of the English term.
http://financial-dictionary.thefreedictionary.com/letter of ...
Notes:
The 'letter of comfort' in no way guarantees the loans approval for the subsidiary company. It merely gives reassurance to the lending institution that the parent company is aware and approves of the situation.
Peer comment(s):
| neutral |
Dave Calderhead
: the Dutch context looks more like a statement of joint and several liability issued by a holding company for its subsidiaries
4 hrs
|
|
Your guess is as good as mine :-)
|
|
| neutral |
Jack den Haan
: Pretty high confidence level for a guess ;-)
1 day 15 hrs
|
Discussion