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  3. Law: Contract(s)

Obligor/Chargor

Portuguese translation: devedor / fiador

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Obligor/Chargor
Portuguese translation:devedor / fiador
Entered by: Ana Costa

20:53 Jan 24, 2020
English to Portuguese translations [PRO]
Law: Contract(s) / Finance/Securities
English term or phrase: Obligor/Chargor
Can anyone help me with the difference between these two terms in PT :

/The Chargor, as continuing security for the payment of all Secured Liabilities, charges and agrees to charge in favour of the XXX (to hold the same on trust for the XXX Parties on the terms of the XXX Deed) by way of first fixed charge and agrees to assign by way of security to the XXX (to hold the same on trust for the XXX Parties on the terms of the XXX Deed) in case such charge is declared or becomes invalid or unenforceable)/

/The Chargor makes the representations and warranties as set out in clause 7 (Representations and Warranties of the Obligors) of the Common Terms Agreement/

According to my reasearch, /Chargor/ means /Devedor/. However, according to the Client's Glossary, so is /Obligor/.

Thank you for your help!
Ana Costa
Portugal
Local time: 14:06
devedor / avalista 75% fiador 25%
Explanation:
O cliente de fato tem razão, o obligor é o devedor e o chargor é o avalista, ou avalizador ou fiador (neste último, a diferença está em aguns pontos listados abaixo), quem garanti a dívida do devedor.
Selected response from:

MARCOS BAZILIO
Brazil
Local time: 10:06
Grading comment
Obrigada, Marcos!
4 KudoZ points were awarded for this answer



Summary of answers provided
4devedor / avalista 75% fiador 25%
MARCOS BAZILIO
3fiador/sacado
Mario Freitas


Discussion entries: 14





  

Answers


3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
obligor/chargor
devedor / avalista 75% fiador 25%


Explanation:
O cliente de fato tem razão, o obligor é o devedor e o chargor é o avalista, ou avalizador ou fiador (neste último, a diferença está em aguns pontos listados abaixo), quem garanti a dívida do devedor.


    Reference: http://https://pt.wikipedia.org/wiki/Aval
    Reference: http://https://en.wikipedia.org/wiki/Bail_bondsman
MARCOS BAZILIO
Brazil
Local time: 10:06
Works in field
Native speaker of: Portuguese
PRO pts in category: 71
Grading comment
Obrigada, Marcos!
Notes to answerer
Asker: Obrigada, Marcos! :)

Login to enter a peer comment (or grade)

22 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
obligor/chargor
fiador/sacado


Explanation:
Essa pessoa/entidade não é o devedor, é quem garante o pagamento para o devedor (fiador)

Mario Freitas
Brazil
Local time: 10:06
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 531
Notes to answerer
Asker: Obrigada, Mário! Este termo tem sido uma grande dor de cabeça para mim! :)

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