Glossary entry

Spanish term or phrase:

fianzas de pago y de ejecución

English translation:

payment and performance bonds

Added to glossary by Robert Forstag
Jan 12, 2019 13:32
5 yrs ago
Spanish term

son de pago y de ejecución

Spanish to English Bus/Financial Law: Contract(s) Contract dispute / Bond / Guarantors
The phrase occurs in a footnote of a lengthy court ruling regarding a complex lawsuit arising from a major construction project, and refers to the bonds provided by guarantors:

Las fianzas **son de pago y de ejecución**, fueron emitidas por la suma de [amount] para el contrato [contract number] solidariamente por las fiadoras [names of guarantors].

I did not see this term in the glossaries, and could not find a translation of it elsewhere.

Many thanks.
Proposed translations (English)
4 +2 payment and performance bonds

Proposed translations

+2
22 mins
Selected

payment and performance bonds

Payment and performance bonds were issued ...
Peer comment(s):

agree philgoddard
3 hrs
Thanks, Phil
agree JohnMcDove
5 hrs
Thanks, John
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4 KudoZ points awarded for this answer. Comment: "Thank you, Patricia."
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