Glossary entry

Romanian term or phrase:

scadenţă la vedere

English translation:

maturity at sight

Added to glossary by Péter Tófalvi
Jul 7, 2009 23:19
14 yrs ago
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Romanian term

scadenţă la vedere

Romanian to English Bus/Financial Finance (general)
"bilet la ordin emis in favoarea acesteia, completat cu toate elementele legale necesare, stipulat “fara protest”, cu scadenta la vedere, pentru valoarea liniei de credit, avalizat in nume personal de catre directorul general al firmei"

Este vorba de o firma care contracteaza un credit bancar si garanteaza ("avalizeaza") rambursarea creditului printr-un bilet de ordin (obligaţiune).

Presupun, că "scadenţa la vedere" înseamnă, că biletul poate fi folisit oricând.

Proposed translations

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maturity at sight

Uite un fragment din textul de referinţă:

"Maturity at sight is formally based on expressly using words “at sight”, “at presentation”, “after sight”, etc. Another option consists in not stating the day of maturity as mentioned above. With bills of exchange at sight the due day is not determined clearly in advance. The due day is the day when the bill of exchange is presented to the respective person for payment. "

http://is.muni.cz/el/1422/jaro2006/MV838Zk/um/1248566/Vyklad...

bilet la ordin = Promissory Note


Nu ştiu de ce nu pot introduce linkul la referinţe, aşa că l-am trecut mai sus
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9 hrs

payable on demand

O altă variantă
(promissory note ...) payable on demand

– (in US) re. „loan financing”

“PROMISSORY NOTE - PAYABLE ON DEMAND
Should default be made in payment of any installment when due hereunder the whole sum of principal and interest shall become immediately due and payable at the option of the holder of this note.” http://www.privateequitylawreview.com/2008/06/articles/legal...

This Promissory Note on Demand (aka "Demand Promissory Note") is used when the entire amount of owed money is due upon the lender's call.
http://www.getformsnow.com/promissory-notes/demand.html
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17 hrs

due for payment at sight

platibil la vedere

At Sight
What Does At Sight Mean?
A payment due on demand. An at sight payment will require the party receiving the good or service to pay a certain sum immediately upon being presented with the bill of exchange.

Also known as a "sight draft" or a "sight bill". Investopedia explains At Sight
This term is used most often in legal contracts to describe when payment is to be made. A seller might place an at-sight clause in a contract to demand full payment at sight. A seller might enforce this if the buyer has missed payments in the past, and is deemed to have a higher risk of default.
http://www.investopedia.com/terms/a/at-sight.asp?viewed=1

Nu stiu daca se poate considera ca e o investitie care atinge maturitatea ci mai degraba o plata facut la cerere
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