Glossary entry (derived from question below)
Indonesian term or phrase:
pencairan jaminan
English translation:
bond disbursement
Added to glossary by
David Andersen
Oct 10, 2012 11:40
11 yrs ago
14 viewers *
Indonesian term
pencairan jaminan
Indonesian to English
Other
Law: Contract(s)
Ini dalam konteks kontrak dan ada jaminan pemeliharaan (Maintenance bond) yang boleh dicairkan oleh Pejabat pembuat komitmen apabila penyedia jasa tidak memelihara pekerjaan semestinya dalam masa pemeliharaan.
Proposed translations
(English)
1 | cashing in of the bond | Edward Thornton |
4 +2 | bond forfeiture | John Gare (X) |
4 | bond liquidation | Rosmeilan Siagian |
Proposed translations
2 hrs
Selected
cashing in of the bond
If the vendor fails to provide the service as per the contract, the performance bond will be cashed in. (Works where a verb is called for, but awkward where you need a noun form.)
Or maybe "disbursement"?
Or maybe "disbursement"?
4 KudoZ points awarded for this answer.
Comment: "I thought disbursement had a nice legal sound to it."
1 hr
bond liquidation
Pencairan di sini sama dengan pencairan deposito, misalnya.
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Note added at 1 hr (2012-10-10 12:57:01 GMT)
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Example sentence (for time deposit): ... to be able to liquidate the time deposit account in the name of the deceased
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Note added at 1 hr (2012-10-10 12:57:01 GMT)
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Example sentence (for time deposit): ... to be able to liquidate the time deposit account in the name of the deceased
Example sentence:
The entire bond issue can be liquidated by the maturity date.
+2
8 hrs
bond forfeiture
I would see this as comparable to a tenancy bond held by a landlord which is depositied by a tenant on occupying premises and forfeited (becomes property of the landlord in whole or in part) if the tenant causes damage or removes items from the premises on vacating.
Example (from Australian Tax Office link given below):
10.4.5 Is a refundable rental bond paid by a lessee of commercial premises consideration for a taxable supply made by the lessor if it is a security deposit for the lessee to perform all its obligations under the lease?
ATO position
No, unless the bond is:
forfeited because of a failure to perform the obligations, or
applied as all or part of the consideration for a supply.
Example (from Australian Tax Office link given below):
10.4.5 Is a refundable rental bond paid by a lessee of commercial premises consideration for a taxable supply made by the lessor if it is a security deposit for the lessee to perform all its obligations under the lease?
ATO position
No, unless the bond is:
forfeited because of a failure to perform the obligations, or
applied as all or part of the consideration for a supply.
Example sentence:
unless the bond is forfeited because of a failure to perform the obligations
Peer comment(s):
agree |
Catherine Muir
: in this context, certainly. Also, in the case of employment bonds where the employee leaves before the end of the bonded term. In other contexts, not necessarily.
1 hr
|
agree |
ErichEko ⟹⭐
4 hrs
|
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