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  3. Finance (general)

Coobbligazione per fidejussione assicurativa

English translation: co-guarantor performance bond guarantee

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:Coobbligazione per fidejussione assicurativa
English translation:co-guarantor performance bond guarantee
Entered by: Eleanor Bargione

13:51 Jun 19, 2019
Italian to English translations [PRO]
Bus/Financial - Finance (general)
Italian term or phrase: Coobbligazione per fidejussione assicurativa
On a financial statement.

Coobbligazione per fidejussione assicurativa rilasciata da XXXXXX a favore della Provincia di XXXXX, a fronte dell'adempimento delle obbligazioni di XXXXXX a fronte della gestione post operativa della Vasca C - Settore 2 per l'importo di Euro 1,0milioni.

I can find all of the terms separately but I'm nto sure how to combine them correctly. My only guess so far is: joint surety bond insurance but I'm not sure if that's really right.
Eleanor Bargione
United Kingdom
co-guarantor performance bond guarantee
Explanation:
I think I would say it like this.
Selected response from:

Alison Kennedy
Italy
Local time: 12:43
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4co-guarantor performance bond guarantee
Alison Kennedy
2Joint & several liability under a surety bond (issued by ... an ins. co. or bank)
Adrian MM.


  

Answers


3 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
co-guarantor performance bond guarantee


Explanation:
I think I would say it like this.

Alison Kennedy
Italy
Local time: 12:43
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 334
Login to enter a peer comment (or grade)

47 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
Coobbligazione per fidejussione assicurativa (rilasciata da ...)
Joint & several liability under a surety bond (issued by ... an ins. co. or bank)


Explanation:
rilasciata da XXXXXX - if the latter is an insurance company, rather than a bank, though it would help to know.

Example sentence(s):
  • Surety Bond: A three party agreement whereby one party (the surety) is bound with the person bonded (the principal) to a third party (the obligee). The bond guarantees the surety’s performance or monetary compensation to the obligee...
  • If the principal fails to perform the obligation stated in the bond, both the principal and the surety are liable on the bond, and their liability is joint and several'

    Reference: http://eng.proz.com/personal-glossaries/entry/987708-fidejus...
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 77
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