Glossary entry (derived from question below)
Swedish term or phrase:
Outnyttjade företagshypoteksbrev
English translation:
Unutilis/zed (AmE) floating lien agreements > (BrE) Floating-charge debentures (vs. single-asset, non-corp. chattel mortgages)
Added to glossary by
Adrian MM. (X)
Aug 5, 2016 22:34
7 yrs ago
Swedish term
Canada
Fast, friendly and flexible.
Native in: English (Variants: US, Canadian) 
Works in: Swedish to English, Danish to English, Norwegian to English, and 1 more.
Outnyttjade företagshypoteksbrev
Swedish to English
Bus/Financial
Finance (general)
Outnyttjade företagshypoteksbrev inom XXXXX krono finns uttage i eget förvar.
Proposed translations
(English)
| 4 -1 | Unutilis/zed (CanE) floating mortgage deeds > (BrE) debentures securing a floating charge |
Adrian MM. (X)
|
| 3 +1 | (Company) chattel mortgage |
Deane Goltermann
|
Change log
Aug 16, 2016 11:48: Adrian MM. (X) Created KOG entry
Proposed translations
-1
20 mins
Selected
Unutilis/zed (CanE) floating mortgage deeds > (BrE) debentures securing a floating charge
A företagshypotek were previously known as företagsinteckning = a floating charge over stock-in-trade etc. cf. a fixed charge of land, plant & equipment.
In the UK, a debenture is registered at Companies House to secure a floating charge, normally and disastrously multiple for a number of defunct translation and interpreting companies that shall remain nameless.
--------------------------------------------------
Note added at 23 mins (2016-08-05 22:57:49 GMT)
--------------------------------------------------
https://sv.wikipedia.org/wiki/Företagshypotek
In the UK, a debenture is registered at Companies House to secure a floating charge, normally and disastrously multiple for a number of defunct translation and interpreting companies that shall remain nameless.
--------------------------------------------------
Note added at 23 mins (2016-08-05 22:57:49 GMT)
--------------------------------------------------
https://sv.wikipedia.org/wiki/Företagshypotek
Example sentence:
When the Quebec Civil Code came into force in 1994 and superseded the Civil Code of Lower Canada, it abolished the charge flottante "floating charge" and created and introduced an analogous security device into Quebec law under the name hypothèque ouvert
https://en.wikipedia.org/wiki/Floating_charge
4 KudoZ points awarded for this answer.
Comment: "Tack"
+1
8 days
Deane Goltermann
Sweden
Sweden
Native in Swedish
&
English
Specializes in field
Sweden
Easy reading - Good writing
Native in: English 
, Swedish
Works in: Swedish to English
Related KudoZ points
:
126
(Company) chattel mortgage
Back from the hills...
Was going to agree with floating charge... then read the Swe definition conveniently described in the act titled with your term.(http://www.notisum.se/rnp/sls/lag/19840649.HTM)
This describes what it is for (lösegendom) and what it can't include (just about everything else). This fits with myc suggestion (see http://www.investopedia.com/terms/c/chattelmortgage.asp)
Was going to agree with floating charge... then read the Swe definition conveniently described in the act titled with your term.(http://www.notisum.se/rnp/sls/lag/19840649.HTM)
This describes what it is for (lösegendom) and what it can't include (just about everything else). This fits with myc suggestion (see http://www.investopedia.com/terms/c/chattelmortgage.asp)
Peer comment(s):
| agree |
Charlesp
: yes. But it is more like a loan commitment than actual "lending"
22 hrs
|
|
Thanks, Charles!
|
Something went wrong...