Glossary entry

Dutch term or phrase:

waarvan de [...] gestelde zekerheid strekte

English translation:

for which the ..... serves as [pledged] security/collateral

Added to glossary by Dave Calderhead
Jun 17, 2005 18:34
18 yrs ago
1 viewer *
Dutch term

waarvan de [...] gestelde zekerheid strekte

Dutch to English Bus/Financial Finance (general)
Deze verbintenis strekt mede tot verzekering van de verplichtingen tot zekerheid [guarantee in this instance] waarvan de bij akte van [date, amount, ten name van, door, bij] gestelde zekerheid strekte.

Discussion

Ljiljana Malovic Jun 17, 2005:
Why don't you just copy and paste the whole Dutch sentence - you can put XXX instead of client's name if you wish. It might be easier to read without brackets

Proposed translations

+1
4 hrs
Selected

for which the ..... serves as [pledged] security/collateral

the 'zekerheid' is the security/collateral which is pledged (gestelde) to serve (strekken) the requirements of the lender, counterparty, whoever requires it
Peer comment(s):

agree Deborah do Carmo
11 hrs
Thanks Deborah!
Something went wrong...
3 KudoZ points awarded for this answer. Comment: "I've mixed the two suggestions, because of the way the rest of the sentence reads, so thank you to both for your help."
41 mins

This undertaking also serves to secure the obligations

covered by deed of ...
Without further context, that is what I would make of it.
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