Glossary entry (derived from question below)
Hungarian term or phrase:
fedezeti váltó
English translation:
collateral draft / security bill
Added to glossary by
Douglas Arnott
Jul 13, 2007 14:07
16 yrs ago
Hungarian term
German>English, Hungarian>English
Native in: English 
Works in: German to English, Hungarian to English, English to Hungarian
fedezeti váltó
Hungarian to English
Bus/Financial
Finance (general)
A III. osztályú biztosítékok közé tartozik a készfizetői kezességvállalás, fedezeti váltó és a garantált csekk, az azonnali árbevétel engedményezés, a piacképes értékpapírok és közraktárjegyek óvadékul történő elhelyezése, a jelzálogjog és a zálogjog, biankó váltó, inkasszó, feltételes árbevétel engedményezés, komfortlevél, negatív pledge, pari passu stb.
Proposed translations
(English)
| 3 +1 | collateral draft |
Eva Blanar
|
| 5 | pledged bill of exchange |
Laszlo Kocsis
|
| 3 | collateral security |
zsuzsa369 (X)
|
Proposed translations
+1
1 hr
Eva Blanar
Hungary
Hungary
Native in Hungarian
Specializes in field
Hungary
Nil satis nisi optimum
Native in: Hungarian
Works in: English to Hungarian, French to Hungarian, German to Hungarian, and 2 more.
Related KudoZ points
:
178
Selected
collateral draft
this is a bill of exchange deposited as collateral
btw, this is one of the examples where findict.hu offers some highly professional-looking, but never-heard-of expressions ("bill in pension", "bill on deposit", "security bill") - I never heard these terms in real life, but of course they might be in use
btw, this is one of the examples where findict.hu offers some highly professional-looking, but never-heard-of expressions ("bill in pension", "bill on deposit", "security bill") - I never heard these terms in real life, but of course they might be in use
4 KudoZ points awarded for this answer.
Comment: "köszönöm!"
1 hr
Laszlo Kocsis
Native in Hungarian
Specializes in field
economist,lawyer,physicist 15 years exp
Native in: Hungarian (Variant: Hungary) 
, Romanian (Variant: Romania)
Works in: English to Hungarian, English to Romanian, Hungarian to English, and 12 more.
pledged bill of exchange
As a kind of pledge a bill of exchange whose beneficiary is the debtor is deposited by the debtor, usually at a third person (like a court), but it could be handed over to the creditor who can only cash it in if the debtor ultimately failes to meet its repayment obligations.
1 day 12 mins
collateral security
Lots of relevant hits on Google UK, including the HMRC website.
If you do a reverse look-up in English-Hungarian dictionaries, it will come up as "kolcsonbiztositek". I'm assuming that's pretty much the same as "fedezeti valto", but I'm not entirely sure. Maybe somebody who is an expert in this field can confirm this?
If you do a reverse look-up in English-Hungarian dictionaries, it will come up as "kolcsonbiztositek". I'm assuming that's pretty much the same as "fedezeti valto", but I'm not entirely sure. Maybe somebody who is an expert in this field can confirm this?
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