Glossary entry (derived from question below)
Greek term or phrase:
Εικονική σύμβαση
English translation:
fictitious contract (or fictitious agreement)
Added to glossary by
Ioanna Karamitsa
Nov 17, 2022 19:49
1 yr ago
31 viewers *
Greek term
Εικονική σύμβαση
Greek to English
Law/Patents
Medical (general)
Proposed translations
(English)
4 +4 | fictitious contract (or fictitious agreement) | Peter Close |
3 | simulated contract | Konstantinos Gkofas |
3 | Nominal contract value | Anastasia Kalantzi |
Proposed translations
+4
9 hrs
Selected
fictitious contract (or fictitious agreement)
See:
https://en.glosbe.com/el/en/εικονικός
https://www.google.co.uk/search?q="fictitious contract"&sour...
https://www.google.co.uk/search?q="fictitious agreement"&sou...
https://www.google.com/search?q=fictitious contract meaning&...
https://www.google.com/search?q="fictitious sale contract"&r...
https://www.google.com/search?q="fictitious sales contract"&...
https://www.google.com/search?q="fictitious contract of sale...
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Note added at 10 hrs (2022-11-18 05:56:55 GMT)
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Also see:
https://www.google.co.uk/search?q=Fictitious meaning&sa=X&ve...
4 KudoZ points awarded for this answer.
Comment: "Thanks"
12 hrs
simulated contract
'Under a ‘simulated agreement’ the parties can agree to exclude the typical legal effects of the simulated transaction (‘simulazione assoluta’) or to bind themselves to a different legal transaction (‘simulazione relativa’).'
https://disputeresolution.pavia-ansaldo.it/en/the-forced-hei...
___________________________________________________
'Simulation is the situation in which the parties, with the aim of concealing their real
intentions, have made two agreements: an overt one (the sham transaction) and another
which is intended to remain secret. This covert agreement is sometimes embodied in a
document (variously called a back-letter, counter-letter or side-letter). '
https://www.ccbe.eu/fileadmin/speciality_distribution/public...
___________________________________________________
'A simulated contract is one in which the parties imitate the appearance of a genuine agreement or transaction but in reality do not wish it to have any effect, or at least, not to have the effects that would normally flow from an agreement of the type which they appear to have concluded. Their aim is to achieve some oblique purpose through making use of the outward forms of a particular contract.'
https://www.scotlawcom.gov.uk/files/4112/7892/6638/cm37.pdf
___________________________________________________
'An agreement is considered simulated when two parties agree to execute an agreement that does not reflect their true intent with the purpose of deceiving a third party. '
https://thelawreviews.co.uk/title/the-complex-commercial-lit...
https://disputeresolution.pavia-ansaldo.it/en/the-forced-hei...
___________________________________________________
'Simulation is the situation in which the parties, with the aim of concealing their real
intentions, have made two agreements: an overt one (the sham transaction) and another
which is intended to remain secret. This covert agreement is sometimes embodied in a
document (variously called a back-letter, counter-letter or side-letter). '
https://www.ccbe.eu/fileadmin/speciality_distribution/public...
___________________________________________________
'A simulated contract is one in which the parties imitate the appearance of a genuine agreement or transaction but in reality do not wish it to have any effect, or at least, not to have the effects that would normally flow from an agreement of the type which they appear to have concluded. Their aim is to achieve some oblique purpose through making use of the outward forms of a particular contract.'
https://www.scotlawcom.gov.uk/files/4112/7892/6638/cm37.pdf
___________________________________________________
'An agreement is considered simulated when two parties agree to execute an agreement that does not reflect their true intent with the purpose of deceiving a third party. '
https://thelawreviews.co.uk/title/the-complex-commercial-lit...
12 hrs
Nominal contract value
https://www.lawinsider.com/dictionary/nominal-contract-value
If the Facility has not achieved Commercial Operation by the Effective Date, Seller shall post and thereafter maintain development security equal to two percent (2%) of the Nominal Contract Value upon execution of this Agreement.
https://www.investopedia.com/terms/n/notionalvalue.asp
https://www.upcounsel.com/nominal-consideration
https://en.wikipedia.org/wiki/Nominal_fee
https://incorporated.zone/nominal-consideration/
Mary sells her car to John for $1 although the value of her car is ... As a rule of thumb, a contract, even with nominal consideration, ...
If the Facility has not achieved Commercial Operation by the Effective Date, Seller shall post and thereafter maintain development security equal to two percent (2%) of the Nominal Contract Value upon execution of this Agreement.
https://www.investopedia.com/terms/n/notionalvalue.asp
https://www.upcounsel.com/nominal-consideration
https://en.wikipedia.org/wiki/Nominal_fee
https://incorporated.zone/nominal-consideration/
Mary sells her car to John for $1 although the value of her car is ... As a rule of thumb, a contract, even with nominal consideration, ...
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