Glossary entry (derived from question below)
French term or phrase:
dépôt du prix en cautionnement
English translation:
security deposit of the purchase price
Added to glossary by
Jane RM
Jun 4, 2009 11:40
14 yrs ago
2 viewers *
French term
dépôt du prix en cautionnement
French to English
Law/Patents
Law: Patents, Trademarks, Copyright
This is found in a clause relating to pre-emption rights in the event that one party wishes to transfer its share in the ownership of a patent to a third party. If one party wishes to transfer its share, it must notify the other party and join to such notice " un justificatif du dépôt du prix en cautionnement par ledit tiers".
I'm not sure of the exact meaning - does it simply mean that the third party has to deposit the purchase price with a third party?
I'm not sure of the exact meaning - does it simply mean that the third party has to deposit the purchase price with a third party?
Proposed translations
(English)
| 4 | security deposit of the purchase price |
Michèle Voyer
|
Change log
Jun 4, 2009 11:42: writeaway changed "Field (specific)" from "Law (general)" to "Law: Patents, Trademarks, Copyright"
Proposed translations
2 hrs
Michèle Voyer
Switzerland
Switzerland
Native in French
&
English
Switzerland
law & international affairs background
Native in: French (Variant: Standard-France) 
, English
Works in: English to French
Related KudoZ points
:
8
Selected
security deposit of the purchase price
it means that one has to provide proof of the security deposit of the sum of money corresponding to the purchase price
See UBS dictionnary of finance
security deposit / Kaution / cautionnement / cauzione
An amount of money deposited as security for a contingent obligation resulting from the violation of a right. The term «security» is also used in a more general sense to refer to any form of guarantee or surety for obligations that are uncertain, disputed or not yet due.
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Note added at 2 hrs (2009-06-04 14:07:51 GMT)
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This security deposit serves to garantee that the buyer is serious, that he/she will go ahead with the purchase
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Note added at 2 hrs (2009-06-04 14:08:53 GMT)
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Sorry forgot to give you the url for the UBS website (an excellent tool for translating financial and banking terms - DE- EN & FR)
http://www.ubs.com/1/e/about/bterms/content_s.html
See UBS dictionnary of finance
security deposit / Kaution / cautionnement / cauzione
An amount of money deposited as security for a contingent obligation resulting from the violation of a right. The term «security» is also used in a more general sense to refer to any form of guarantee or surety for obligations that are uncertain, disputed or not yet due.
--------------------------------------------------
Note added at 2 hrs (2009-06-04 14:07:51 GMT)
--------------------------------------------------
This security deposit serves to garantee that the buyer is serious, that he/she will go ahead with the purchase
--------------------------------------------------
Note added at 2 hrs (2009-06-04 14:08:53 GMT)
--------------------------------------------------
Sorry forgot to give you the url for the UBS website (an excellent tool for translating financial and banking terms - DE- EN & FR)
http://www.ubs.com/1/e/about/bterms/content_s.html
4 KudoZ points awarded for this answer.
Comment: "thanks"
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