This question was closed without grading. Reason: Geen aanvaardbaar antwoord
Nov 19, 2013 15:29
10 yrs ago
Engels term

ruling off

Engels naar Nederlands Zakelijk / financieel Juridisch (algemeen) overeenkomst met bank
In een overeenkomst tussen een bank en een klant staat o.a. dit:
Ruling off
In the event of the commencement of any form of bankruptcy or insolvency proceeding affecting you or of all or any part of this Agreement ceasing for any reason to be binding on you if the Bank receives notice (actual or otherwise) of any other or subsequent Encumbrance affecting any part of Collateral, the Bank may at any time * rule off * your obligations and then subsisting account with the Bank and open a new account or accounts in your name.

en een stukje verderop:

If the Bank in any of the above cases does not *rule off* your obligations or open any new account or accounts, it shall nevertheless be treated as if it had done so at the time when it first had notice (actual or otherwise) of the event in question and all payments made by you or on your behalf to the Bank shall be treated as having been credited to the new account or accounts and shall not operate to reduce the amount secured by this Agreement.

Ik kom er niet uit wat 'rule off' moet betekenen.

Discussion

Michael Beijer Nov 21, 2013:
hmm Ik zie net dat JurLex "afpunten" vertaalt als: "(bkh.) to match".
Didier Decle (X) Nov 21, 2013:
In de context van Michael:
is het juiste woord 'afpunten'.

"rule off:
physical underscoring of a total or amount in a ledger to indicate that it should not be disturbed or altered because it represents a cumulative significant figure. Bookkeepers frequently rule off to indicate the balancing or closing of accounts."
(www.allbusiness.com/glossaries)

Al ben ik niet 100% zeker of het woord in deze context "sterk" genoeg is. Ik zal het bijgevolg nog niet als oplossing suggereren.
Misschien kom ik later nog met iets anders op de proppen. ;-)


Barend van Zadelhoff Nov 19, 2013:
Useful ? I am not your financial man, never will be, does this clarify anything?

Business Account Operating Agreement

12. Powers of the Bank (“Ruling Off”)

12.1 Where the Customer is indebted to the Bank, any money received by the Bank from or on behalf of the Customer may either be:

12.1.1 placed to the credit of a suspense account with a view to preserving the right of the Bank to prove for the whole of its claims against the Customer or any other person liable; or

12.1.2 applied by the Bank in or towards satisfaction of any obligations or liabilities of the Customer to the Bank as the Bank in its sole discretion may from time to time conclusively determine.

12.2 Any release, discharge or settlement between the Customer and the Bank shall be conditional upon ...

http://tinyurl.com/memv2y8
Michael Beijer Nov 19, 2013:
blokkeren, sluiten, opheffen Ik weet niet of 'blokkeren' het goede term is in het nl. Zou best kunnen. Maar het zou ook gewoon 'sluiten' of 'opheffen' kummen zijn. In ieder geval, zo'n 'new account' (vaak een 'suspense account' genoemd in het Engels), wordt denk ik een 'tussenrekening' genoemd (zie: http://www.proz.com/kudoz/dutch_to_english/finance_general/1... ).
Anne-Marie Kalkman (asker) Nov 19, 2013:
Voortbordurend op de relevante voorbeelden en de letterlijke betekenis (afkruisen) kom ik op blokkeren.
Michael Beijer Nov 19, 2013:
ruling off Would seem to mean: when a bank closes your current account, in order to open another one for you in the same bank (a 'suspense account') (usually because the bank has a reason to terminate your original account).

Helaas heb ik geen idee hoe dit heet in het Nederlands;)
Michael Beijer Nov 19, 2013:
+ 'Ruling-off of Account

In addition and without prejudice to any other rights we may have, we may for any reason which we deem justifiable, open a new or separate account (hereinafter called the "new account") for you in our books and credit (notwithstanding any legal or equitable rule of presumption to the contrary) all or any payments made to us by you or on your behalf to the new account so that such payments shall not reduce the amount owing by you to us in relation to the Cashline account. For the avoidance of doubt, such new account shall be subject to our rights of set-off and consolidation under these Terms and Conditions or otherwise.' (http://www.dbs.com.sg/personal/cashline/terms/default.page )
Michael Beijer Nov 19, 2013:
Hi Kalkje, It would appear so, but then a special form of closing.

See also:

'12. RULING OFF OF ACCOUNT, APPLICATION OF MONIES AND CONTINGENT LIABILITIES
12.1 In addition and without prejudice to any other rights of the Bank under any Security Document relating to the Facilities, if at any time
any Security for the Facilities is terminated
or for any reason which the Bank deems justifiable, the Bank may forthwith open a new or
separate account
(the “new account”) with the Borrower in the books and if the Bank does not in fact open such new account it shall
nevertheless be deemed to have done so at the time of such termination and as from and after the time that the new account was
opened or so deemed to have been opened, all payments made by or on behalf of the Borrower shall (notwithstanding any legal or
equitable rule of presumption to the contrary) be credited or deemed to have been credited to the new account …' (http://www.standardchartered.com.sg/personal-banking/tnc/en/... )
Anne-Marie Kalkman (asker) Nov 19, 2013:
Michael's first entry Michael, I think your first entry is useful, with a similar context. Ruling off means 'closing"?
Michael Beijer Nov 19, 2013:
+ 'In the absence of an agreement to segregate either one or both accounts from the general single account that arises between them under the banker/customer contract, they will be regarded as forming part of that single account and accordingly as representing simply two entries in that account. In these circumstances, the bank can only exercise a right of combination over these two apparent balances, effectively ruling off the account for the purposes of establishing the amount due between banker and customer at the moment of demand.' (http://uk.practicallaw.com/books/9781847662415/chapter12 )

'12. Powers of the Bank (“Ruling Off”)
12.1 Where the Customer is indebted to the Bank, any money received by the Bank from or on behalf of the Customer may either be:
12.1.1 placed to the credit of a **suspense account** with a view to preserving the right of the Bank to prove for the whole of its claims against the Customer or any other person liable; or
…' (http://www.hsbc.ky/1/PA_ES_Content_Mgmt/content/cayman/pdfs/... )

*see also: http://en.wikipedia.org/wiki/Suspense_account
Michael Beijer Nov 19, 2013:
+ 'Death/Retirement/lnsolvency of a Partner in Partnership Firm

Upon the death/retirement/insolvency of a partner the liability of such partner stands determined. In case
of any fresh debit to the account, the deceased/retired/insolvent partners' estates can not be made liable
for the same. On the contrary, their liability stands reduced by the credit

For this reason, the operation in the account should be stopped to determine the liability of the deceased/
retired/insolvent partner.

In case the bank decides to allow operation to the new firm, it should be done after ruling off /
breaking the account and allowing operation in a fresh page.' (http://books.google.co.uk/books?id=eWLuY_ABdZkC&pg=PA195&lpg... )
Michael Beijer Nov 19, 2013:
maybe useful: 'Rule Off
In bookkeeping, to underline a total figure or other amount derived from adding or subtracting other numbers. Ruling off indicates that this number should not be changed.' (http://financial-dictionary.thefreedictionary.com/Rule Off )

rule something off = iets aflijnen, een lijn langs / onder iets trekken (Van Dale)
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