Glossary entry (derived from question below)
French term or phrase:
compte de nantissement
English translation:
collateral account
Added to glossary by
Allison Neill-Rabaux
Jun 5, 2018 22:34
5 yrs ago
3 viewers *
French term
Business, Marketing & Academia – MCIL
Native in: English
Works in: French to English, Spanish to English
compte de nantissement
French to English
Bus/Financial
Finance (general)
Hi colleagues
I'm translating a summary of the different accounts an individual has with a French bank. - it's a screenshot from their online banking account.
The person has 2 accounts showing in the 'Deposit accounts' section. The first is 'deposit account' and the second is 'compte de nantissement'.
I've come across pledge account as a translation for 'compte de nantissement' but I've not seen this term used with personal banking before.
There are only a few lines in the summary and I have no further context. Any ideas would be greatly appreciated.
Many thanks!
I'm translating a summary of the different accounts an individual has with a French bank. - it's a screenshot from their online banking account.
The person has 2 accounts showing in the 'Deposit accounts' section. The first is 'deposit account' and the second is 'compte de nantissement'.
I've come across pledge account as a translation for 'compte de nantissement' but I've not seen this term used with personal banking before.
There are only a few lines in the summary and I have no further context. Any ideas would be greatly appreciated.
Many thanks!
Proposed translations
(English)
| 2 +4 | collateral account |
Marco Solinas
|
| 3 | cash collateral account |
Simon BOURN (X)
|
Proposed translations
+4
14 mins
Marco Solinas
Native in English
Specializes in field
Accurate, professional translations
Native in: English 
, Italian
Works in: Italian to English, French to English
Related KudoZ points
:
87
Selected
collateral account
See this Kudoz, which translates the names of a number of account types: https://fra.proz.com/kudoz/english_to_french/finance_general...
See also this banking glossary: http://siteresources.worldbank.org/BRAZILINPOREXTN/Resources...
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Note added at 15 mins (2018-06-05 22:49:43 GMT)
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Page 27 of the banking glossary.
See also this banking glossary: http://siteresources.worldbank.org/BRAZILINPOREXTN/Resources...
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Note added at 15 mins (2018-06-05 22:49:43 GMT)
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Page 27 of the banking glossary.
Note from asker:
| Thanks Marco! |
4 KudoZ points awarded for this answer.
Comment: "Many thanks Marco!"
1 day 18 hrs
cash collateral account
A cash Collateral Account is a Bank account in the name of a borrower that serves to secure and service a loan. While cash and check deposits are made into this account, it is considered essentially a zero-balance account and it cannot be drawn upon like a checking account.
Reference:
https://definitions.uslegal.com/c/cash-collateral-account/
https://coursdedroit.wordpress.com/2017/01/14/le-nantissement-de-compte-bancaire/
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