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guarantee

English translation: Security deposit

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:guarantee
Selected answer:Security deposit
Entered by: Victor Potapov

12:16 Jan 7, 2005
English language (monolingual) [Non-PRO]
Tech/Engineering - Accounting
English term or phrase: guarantee
When someone rents a house. He need to pay a rent and another sum of money to guarantee that he will obey the regulation and this sum of money will be deducted in case the tenant do some damages to the property.
What do you call this sum of money in English language?
adda
Security deposit
Explanation:
Or just "Deposit". Or "last month's rent" - it is fairly usual to pay last month's rent prior to moving in - again, it works as a security deposit.

Good luck!
Selected response from:

Victor Potapov
Russian Federation
Local time: 13:07
Grading comment
Graded automatically based on peer agreement.
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
5 +10Security deposit
Victor Potapov
5 +6Security deposit
Kurt Porter
5 +4Bond
John Bowden


  

Answers


1 min   confidence: Answerer confidence 5/5 peer agreement (net): +10
Security deposit


Explanation:
Or just "Deposit". Or "last month's rent" - it is fairly usual to pay last month's rent prior to moving in - again, it works as a security deposit.

Good luck!

Victor Potapov
Russian Federation
Local time: 13:07
Specializes in field
Native speaker of: Native in RussianRussian
PRO pts in category: 4
Grading comment
Graded automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Kurt Porter: Victor - Just too quick! :)
2 mins
  -> Thank you - I intend to take that as a compliment! :-)))
agree  Isabel Hohneck
3 mins
  -> Thank you!
agree  Sven Petersson
5 mins
  -> Thank you!
agree  lafresita (X)
9 mins
  -> Thank you!
agree  James Girard: 'security deposit' is the right term
20 mins
  -> Thank you!
agree  Asghar Bhatti
4 hrs
  -> Thank you!
agree  Will Matter: This is the correct English term.
8 hrs
  -> Thank you!
agree  Alfa Trans (X)
18 hrs
  -> Thank you!
agree  Java Cafe
1 day 4 hrs
  -> Thank you!
agree  Jörgen Slet
1 day 6 hrs
  -> Thank you!
Login to enter a peer comment (or grade)

3 mins   confidence: Answerer confidence 5/5 peer agreement (net): +6
Security deposit


Explanation:
Landlords may normally make certain deductions from a tenant's security deposit, provided they do it correctly and for an allowable reason. Many states require landlords to provide a written itemized accounting of deductions for unpaid rent and for repairs for damages that go beyond normal wear and tear, together with payment for any deposit balance.




    Reference: http://www.nolo.com/lawcenter/ency/article.cfm/catID/1F6840E...
Kurt Porter
Local time: 15:07
Native speaker of: English

Peer comments on this answer (and responses from the answerer)
agree  Isabel Hohneck
1 min
  -> Thank you.
agree  Victor Potapov: By the way, in Eng>Rus language pair a lot of questions have answers ... at 0 minutes. >> 0 minutes is pretty straightforward - you just have to post your answer in 1 to 59 sec after the question is posted on the site. Technically - feasible...
3 mins
  -> Not sure how that 0 works out. I'm working on my "Anti-Victor" strategy..perhaps give an answer, then come back with links later! :) :) :) Ahh, it's all good. You see the "kick ass take names" question? That's a tough one!
agree  lafresita (X)
7 mins
  -> Thank you, Miros.
agree  Will Matter
8 hrs
  -> Thank you, willmatter.
agree  Java Cafe
1 day 4 hrs
  -> Thank you, Java Cafe.
agree  Jörgen Slet
1 day 6 hrs
  -> Thank you, Jurgen.
Login to enter a peer comment (or grade)

13 mins   confidence: Answerer confidence 5/5 peer agreement (net): +4
Bond


Explanation:
The term commonly used in the UK: also "rental bond" or "rent bond" (see link)

HTH


    www.wyrebc.gov.uk/.../Homelessness/Finding_ Affordable_Rented_Accomodation/Rent_Bond_Guarantee_Scheme.asp
John Bowden
Local time: 11:07
Native speaker of: Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
agree  Prisma
1 hr
  -> Thanks!
agree  juvera: also rental deposit or damage deposit
1 hr
  -> Thanks!
agree  Will Matter: acceptable but less commonly used term.
8 hrs
  -> Well...my two sons have had 4 flats between them in the last 3 years, and all the contracts have talked about a "bond"...
agree  Jörgen Slet
1 day 6 hrs
  -> Thanks!
Login to enter a peer comment (or grade)



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