saistību nodrošinājuma nodibināšanas regulējumu
English translation: collateral setup framework
| 21:41 Apr 17, 2016 |
| Latvian to English translations [PRO] Bus/Financial - Finance (general) / trade financing | |||||||
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|  Selected response from: Valentina Obuhova Latvia Local time: 11:25 | ||||||
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| 3 | collateral setup framework |
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| 2 | establishing collateral framework |
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Answers
11 hrs confidence: 
establishing collateral framework Explanation: If the Bank has not (=cannot rely on) previously collected information about the Customer's activity or collateral located in the country of existing commitments as security (pledge, mortgage) establishing collateral framework, the Head of Department shall request (to receive) the required information (mentioned above) and prepare an opinion on the legal risks of the trade finance transaction of the particular Customer. Commercial Loan Agreements: A Technical Guide ... - CGAP https://www.cgap.org/.../CGAP-Technical-Guide-Comm... country in which the lender is located, borrower characteristics, and loan size.) This guide- ..... Fees may include a commitment fee (charge for opening the facility) or a .... amount of money or other property a borrower may pledge as security for future loans or ...... If an extensive list of existing liens is required to make a rep-. -------------------------------------------------- Note added at 11 hrs (2016-04-18 09:40:09 GMT) -------------------------------------------------- If the subject of mortgage is the property pledged as a security under other commitment... -------------------------------------------------- Note added at 12 hrs (2016-04-18 09:42:00 GMT) -------------------------------------------------- https://en.wikipedia.org/wiki/Secured_loan A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral — in the event that the borrower defaults, the creditor takes possession of the asset used as collateral and may sell it to regain some or all of the amount originally loaned to the borrower, for example, foreclosure of a home. From the creditor's perspective this is a category of debt in which a lender has been granted a portion of the bundle of rights to specified property. If the sale of the collateral does not raise enough money to pay off the debt, the creditor can often obtain a deficiency judgment against the borrower for the remaining amount. |
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12 hrs confidence:
collateral setup framework Explanation: ... |
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