Glossary entry

Dutch term or phrase:

zekerheid

English translation:

security / surety / certainty

Added to glossary by Alexander Schleber (X)
Oct 9, 2002 19:15
21 yrs ago
8 viewers *
Dutch term

zekerheid

Dutch to English Bus/Financial
I am unsure about how to translate the word "zekerheid" in the following sentence. It could be understood as "security" or as "collateral", or even "surety", just to pick out the most obvious meanings.

"De Opdrachtnemer garandeert dat door de Opdrachtnemer niet meer of andere zekerheid op de Beschikbaarheidsvergoeding is verschaft dan bepaald in de Financieringsovereenkomsten."

This concerns a draft DBMF contract, where "Beschikbaarheidsvergoeding" = availability compensation", meaning the compensation for making and keeping a road available for traffic.

TIA
Proposed translations (English)
5 +4 Security
4 +2 surety
4 certainty

Proposed translations

+4
43 mins
Selected

Security

Aangezien dit op een financieel vlak ligt, en niet op een legaal vlak, vindt ik dat het security moet zijn. Zie Kramers Business Dictionary.
Peer comment(s):

agree Pieter_H : Ja!
1 hr
agree Ariser : collateral/surety might be too specific
1 hr
agree Jason Roberts
1 hr
agree Justine Sherwood
10 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks to all. This was a tricky one, but after weighing all the input I have decided to go with the least sopecific and broadest translation. "
31 mins

certainty

Het elektronisch woordenboek Jurlex geeft hiervoor twee begrippen:
zekerheid (gewisheid): certainty
zekerheid (garantie): guarantee, security

garantie is hier net iets te veel, denk ik
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+2
6 hrs

surety

Oops! Sorry to cause a third track, but I think 'surety' would be right here.

BTW, are the Dutch alone in using DBMF as an abbreviation for 'Design, Build, Maintenance & Finance' or is it used in the Anglo-Saxon world too?
Peer comment(s):

agree Frank Hesse : see The Macquarie dictionary
3 hrs
agree Marijke Singer : It is DBFM. But it seems they are exporting it: http://www.publicservice.co.uk/pdf/europe/autumn2001/p119.pd... :-)
1284 days
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