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Conges terminology question
216 months ago
Gabriele Ritter (a guest user) asked this question:
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Language pair: |
English > German |
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Subject: |
Law / Certificates |
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Level of diffculty: |
Difficult / demanding |
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Word or term in question: |
cumulative assumption of debt |
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Context: |
Vertragstext, Muttergesellschaft verpflichtet sich für Tochteruntern. zur Schuldenübernahm |
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Keywords: |
Was bedeutet hier "cumulative" - unbegrenzt? |
This question has already been answered and rated. Therefore, no new answers can be given.
Complete list of answers and comments
kumulative Schuldübernahme
My comment:
assumption of debt:
Schuldübernahme, Übernahme einer Verpflichtung
cumulative: nachzahlbar bei Ausfall
My references:
Zahn; Dicitionary of Banking and Stock Trading
216 months ago
TecTrans Martin 
wrote:
gesamt
My comment:
ich glaube, damit ist die Verantwortung für die Gesamtanzahl der Schuldübernahmen gemeint, nicht eine Betragshöhe
The asker rated this answer best
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