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  3. Law: Patents, Trademarks, Copyright

dépôt du prix en cautionnement

English translation: security deposit of the purchase price

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase: dépôt du prix en cautionnement
English translation:security deposit of the purchase price
Entered by: Jane RM

11:40 Jun 4, 2009
French to English translations [PRO]
Law/Patents - Law: Patents, Trademarks, Copyright
French term or phrase: dépôt du prix en cautionnement
This is found in a clause relating to pre-emption rights in the event that one party wishes to transfer its share in the ownership of a patent to a third party. If one party wishes to transfer its share, it must notify the other party and join to such notice " un justificatif du dépôt du prix en cautionnement par ledit tiers".

I'm not sure of the exact meaning - does it simply mean that the third party has to deposit the purchase price with a third party?
Jane RM
France
Local time: 06:01
security deposit of the purchase price
Explanation:
it means that one has to provide proof of the security deposit of the sum of money corresponding to the purchase price

See UBS dictionnary of finance
security deposit / Kaution / cautionnement / cauzione
An amount of money deposited as security for a contingent obligation resulting from the violation of a right. The term «security» is also used in a more general sense to refer to any form of guarantee or surety for obligations that are uncertain, disputed or not yet due.

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Note added at 2 hrs (2009-06-04 14:07:51 GMT)
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This security deposit serves to garantee that the buyer is serious, that he/she will go ahead with the purchase

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Note added at 2 hrs (2009-06-04 14:08:53 GMT)
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Sorry forgot to give you the url for the UBS website (an excellent tool for translating financial and banking terms - DE- EN & FR)

http://www.ubs.com/1/e/about/bterms/content_s.html
Selected response from:

Michèle Voyer
Switzerland
Local time: 06:01
Grading comment
thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
4security deposit of the purchase price
Michèle Voyer


Discussion entries: 1





  

Answers


2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
security deposit of the purchase price


Explanation:
it means that one has to provide proof of the security deposit of the sum of money corresponding to the purchase price

See UBS dictionnary of finance
security deposit / Kaution / cautionnement / cauzione
An amount of money deposited as security for a contingent obligation resulting from the violation of a right. The term «security» is also used in a more general sense to refer to any form of guarantee or surety for obligations that are uncertain, disputed or not yet due.

--------------------------------------------------
Note added at 2 hrs (2009-06-04 14:07:51 GMT)
--------------------------------------------------

This security deposit serves to garantee that the buyer is serious, that he/she will go ahead with the purchase

--------------------------------------------------
Note added at 2 hrs (2009-06-04 14:08:53 GMT)
--------------------------------------------------

Sorry forgot to give you the url for the UBS website (an excellent tool for translating financial and banking terms - DE- EN & FR)

http://www.ubs.com/1/e/about/bterms/content_s.html

Michèle Voyer
Switzerland
Local time: 06:01
Native speaker of: Native in FrenchFrench, Native in EnglishEnglish
PRO pts in category: 8
Grading comment
thanks
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