Glossary entry (derived from question below)
German term or phrase:
Anzahlungsbankgarantie
English translation:
Down payment bank guarantee
Added to glossary by
Chris Rowson (X)
Mar 27, 2002 10:12
22 yrs ago
2 viewers *
German term
Anzahlungsbankgarantie
German to English
Bus/Financial
Finance (general)
The formal document produced by the guaranteeing Bank, inconnection with a sales order.
"Nach den vereinbarten Bedingungen leistet der Besteller an den Auftragnehmer gegen Hinterlegung einer Bankgarantie eine Anzahlung in der Höhe von ..."
"Nach den vereinbarten Bedingungen leistet der Besteller an den Auftragnehmer gegen Hinterlegung einer Bankgarantie eine Anzahlung in der Höhe von ..."
Proposed translations
(English)
4 | deposit | msebold |
4 | bank payment guarantee | Bits P Ltd |
4 | downpayment against bank guarantee/letter of credit (or letter of guarantee) | Cilian O'Tuama |
4 | paydown bank guarantee | GBChrista |
Change log
Jun 1, 2015 12:54: Steffen Walter changed "Field (specific)" from "(none)" to "Finance (general)"
Proposed translations
10 hrs
Selected
deposit
It means that, after the contractor obtains a bank guarantee (i.e. a performance guarantee) from his bank, the customer/client will provide a deposit in the amount of XXXX.
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Note added at 2002-03-27 20:58:46 (GMT)
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So:
\"In accrodance with the agreed terms, the customer will provide the contractor, upon presentation of a bank guarantee by the latter, with a deposit in the amount of . . .\"
HTH
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Note added at 2002-03-28 00:32:51 (GMT)
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Further thoughts:
I\'m unable to find Anzahlungsbankgarantie as a composite term; as far as I know, the proper term is simply \"bank guarantee.\" I did find several instances where \"deposit/bank guarantee\" was used to indicate that there was a choice between providing a cash deposit or a bank guarantee.
--------------------------------------------------
Note added at 2002-03-27 20:58:46 (GMT)
--------------------------------------------------
So:
\"In accrodance with the agreed terms, the customer will provide the contractor, upon presentation of a bank guarantee by the latter, with a deposit in the amount of . . .\"
HTH
--------------------------------------------------
Note added at 2002-03-28 00:32:51 (GMT)
--------------------------------------------------
Further thoughts:
I\'m unable to find Anzahlungsbankgarantie as a composite term; as far as I know, the proper term is simply \"bank guarantee.\" I did find several instances where \"deposit/bank guarantee\" was used to indicate that there was a choice between providing a cash deposit or a bank guarantee.
2 KudoZ points awarded for this answer.
Comment: "Thanks! What solves this for me is knowing that it´s not a standard term. The source document was somewhat odd, and not of the finest, so I made a corresponding literal translation."
5 mins
bank payment guarantee
.
2 hrs
downpayment against bank guarantee/letter of credit (or letter of guarantee)
Anzahlung leisten BANK make a down payment (or downpayment), make an advance payment, VW make a down payment
Bankgarantie n sg f (Wirt/Jur) {Erkl} die Bank bürgt für Liquidität letter of guarantee (Wirt/Jur) (from a bank), bank letter of credit (US)
Bankgarantie f BANK bank guarantee
My shot
HTH
Bankgarantie n sg f (Wirt/Jur) {Erkl} die Bank bürgt für Liquidität letter of guarantee (Wirt/Jur) (from a bank), bank letter of credit (US)
Bankgarantie f BANK bank guarantee
My shot
HTH
7 hrs
paydown bank guarantee
I hope this helps
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