Glossary entry

German term or phrase:

(eine Solidarbürgschaft) geltend machen

English translation:

enforce (a joint and several guarantee)

Added to glossary by Kathryn McFarland
Jul 22, 2005 06:45
18 yrs ago
3 viewers *
German term

(eine Solidarbürgschaft) geltend machen

German to English Bus/Financial Finance (general)
Dieses Verschlechterung der seit dem letzen Gläubigerzirkluar in Aussicht gestellten Dividende ist primär darauf zurückzuführen, dass seitens einer Bank eine noch zu prüfende Solidarbürgschaft geltend gemacht wird, die die Konkursitin nur in sehr geringem Umfange direkt betrifft, sie aber als Solidarbürgin jedoch auch für die Schulden der übrigen Konzerngesellschaften haften lässt.

Proposed translations

+2
54 mins
German term (edited): (eine Solidarb�rgschaft) geltend machen
Selected

enforce (a joint and several guarantee)

There seems to be this question almost every week out of a variety of languages. Guarantees and bonds are enforced. Claims are made, asserted or vindicated.

manager that action be taken to enforce the guarantee. •. The CIC manager, upon receiving an ... taken to forfeit the deposit or enforce the guarantee. ...
Peer comment(s):

agree Kieran McCann
3 hrs
agree silfilla : absolutely
7 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks"
+2
15 mins
German term (edited): (eine Solidarb�rgschaft) geltend machen

to claim a guarantee

heißt es.
Peer comment(s):

agree Shane London : Yes. 'geltend machen' is to claim.
1 hr
Thanks.
agree Jan Vano
7 hrs
Something went wrong...
1 day 1 hr
German term (edited): (eine Solidarb�rgschaft) geltend machen

to make it operational

It is just a guess. From the context, I see that the bank has not verified the guarantee. Then where is the question of claiming or enforcing?
I am not sure and hence raising this issue for clarification to other answerers and peers.
Something went wrong...
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