legal underwriting

Polish translation: udzielanie gwarancji/zabezpieczenia (prawnego)

19:54 May 31, 2020
English to Polish translations [PRO]
Law/Patents - Law: Contract(s)
English term or phrase: legal underwriting
The lawyer has performed background and record checks, business experience and bankruptcy checks, business projections and financial forecast and minitiates this legal underwriting of the loan in this regard
PJ999
Poland
Polish translation:udzielanie gwarancji/zabezpieczenia (prawnego)
Explanation:
udzielanie gwarancji / zabezpieczenia (prawnego)

Strzelam
Selected response from:

mike23
Poland
Local time: 00:10
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3ubezpieczenie pożyczki
Kamila Ołtarzewska
2gwarancja zgodności z prawem
Frank Szmulowicz, Ph. D.
2udzielanie gwarancji/zabezpieczenia (prawnego)
mike23


Discussion entries: 2





  

Answers


29 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
ubezpieczenie pożyczki


Explanation:
poręczenie/asekuracja prawnika, że zostanie spłacona

Myrczak, E. Dictionary of Law Terms, 154.
Słownik Jaślanów, 651


    https://ratado.pl/blog/ubezpieczenie-pozyczki
Kamila Ołtarzewska
Poland
Local time: 00:10
Specializes in field
Native speaker of: Polish
PRO pts in category: 127
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6 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
gwarancja zgodności z prawem


Explanation:
I could not find a definition of legal underwriting.
I assume that the lawyer checked the creditworthiness and made a determination that everything complies with the law.
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Underwriting is a process by which lending institutions, such as banks and insurers, use to determine whether a client is eligible to receive a loan. In the underwriting process, the lender passes the client’s information and background through a thorough analysis in which they determine the risk involved in lending the person the money.
https://www.legalmatch.com/law-library/article/what-is-under...

In the underwriting phases, the lender may consider factors like:

The borrower’s credit history and score
The purpose for which the money is supposed to be used
The amount of money in question
Repayment terms (i.e., payment dates, interest rates, etc.)
Some lenders may even employ complex formulas or computer programs to assess risk, as it is generally up to them to make the final decision to approve a loan or not.

Frank Szmulowicz, Ph. D.
United States
Local time: 18:10
Works in field
Native speaker of: Native in EnglishEnglish, Native in PolishPolish
PRO pts in category: 1184
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20 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
udzielanie gwarancji/zabezpieczenia (prawnego)


Explanation:
udzielanie gwarancji / zabezpieczenia (prawnego)

Strzelam

mike23
Poland
Local time: 00:10
Specializes in field
Native speaker of: Native in PolishPolish
PRO pts in category: 1233
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