Aug 25, 2020 01:11
3 yrs ago
24 viewers *
Spanish term
gravamen en segundo lugar
Spanish to English
Bus/Financial
Finance (general)
Mexico - credit operations
In a credit manual: "Es important determinar si existe la necesidad de solicitar garantias reales, personales e inclusive gravamen en segundo lugar sobre el mismo activo que el contratista haya gravado para lograr la fianza del contrato con la dependencia."
Proposed translations
(English)
3 +3 | second lien | John Rynne |
4 | additional collateral | Francois Boye |
4 | third-party collateral | David Hollywood |
Proposed translations
+3
4 hrs
Selected
second lien
since it says "sobre el mismo activo", I don't think it means "getting more collateral"
4 KudoZ points awarded for this answer.
Comment: "Thank you. Sorry to take so long to grade this."
3 hrs
third-party collateral
Define Third Party Collateral. means any property of any Person other than Borrower which secures payment or performance of any Liabilities.
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