Glossary entry (derived from question below)
Feb 27, 2015 11:24
9 yrs ago
2 viewers *
French term
Legal Translator MCIL
Native in: English (Variant: British) 
Works in: Spanish to English, French to English, Arabic to English
cours
French to English
Bus/Financial
Law: Contract(s)
LA BANQUE ne sera en aucun cas responsable du cours auquel sera effectue la realisation du gage.
Part of a deed of pledge... In the part that talks about execution of the terms of the pledge and what might be done with the pledged assets, etc. After this clause, it goes on to explain about the costs of such an operation.
Part of a deed of pledge... In the part that talks about execution of the terms of the pledge and what might be done with the pledged assets, etc. After this clause, it goes on to explain about the costs of such an operation.
Proposed translations
(English)
| 3 +3 | exchange rate |
Mark Nathan
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| 3 +2 | price |
Elizabeth Slaney
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| 5 | market price |
Francois Boye
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| 4 | Cost/Price |
praxisfrench
|
Proposed translations
+3
2 mins
Selected
exchange rate
Is something the bank would not be able to control and so might fit here.
Peer comment(s):
| agree |
AllegroTrans
: It certainly fits, but it isn't definitive; asker could confirm if moree than one currency is involved
1 hr
|
| agree |
writeaway
: didn't we just have this recently? http://www.proz.com/kudoz/french_to_english/business_commerc...
1 hr
|
| agree |
Nikki Scott-Despaigne
: In view of the further information that two currencies are involved here.
2 days 2 hrs
|
4 KudoZ points awarded for this answer.
+2
18 mins
Elizabeth Slaney
Netherlands
Netherlands
Native in English
Netherlands
Love a challenge, cope with pressure!
Native in: English (Variants: US, UK) 
Works in: French to English, Spanish to English
price
Referring to the future sale price of the pledged asset should the bank decide to execute the pledge in the future?
Peer comment(s):
| agree |
Mark Nathan
: yes, this might be more likely - it really depends on the nature of the pledge
1 hr
|
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All depended on fuller context.
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| agree |
Simon Charass
: The Bank will not be responsible for the price at which the pledged assets will be realized.
15 hrs
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Thanks. Really depended on fuller context.
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| neutral |
Edgar Bettridge
: I think that this is most likely, but not really enough context to be sure that FX answer is wrong
22 hrs
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Based on your answer, neutral seems strange here. Better to agree with FX answer, with proviso..
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56 mins
praxisfrench
India
India
Native in English
Works in field
India
In pursuit of the right equivalent
Native in: English , Hindi
Works in: French to English, English to French, English to Hindi, and 1 more.
Cost/Price
Refers to the cost or price which the execution of the pledge might entail
1 hr
Francois Boye
United States
United States
Native in French
United States
An economic geek with social skills
Native in: French
Works in: English to French, French to English, Spanish to English, and 1 more.
Related KudoZ points
:
36
market price
By definition, market prices change over time: it's called the law of supply and demand. So the lender cannot know in advance the market prices of the pledged assets in case of default in the future.
Peer comment(s):
| neutral |
Edgar Bettridge
: maybe - but "market" price suggests to me that asset is listed on a market. Perhaps it isn't?
20 hrs
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It means that no price remains the same forever. For instance, you may pocket a capital gain by swelling your house today. Why? Because there is no reason the purchase price of your house today would be the same as the one when you bought it.
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| neutral |
Nikki Scott-Despaigne
: Good suggestion, except that we now know that currencies are involved here.
2 days 34 mins
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How do you know that? La realisation d'un gage veut dire la vente des actifs qui ont ete mis en gage. Point a la ligne.
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Discussion