Glossary entry (derived from question below)
Dutch term or phrase:
vuistpandrecht
English translation:
possessory pledge
Added to glossary by
Charline Helsmoortel
Apr 25, 2009 14:53
15 yrs ago
1 viewer *
Dutch term
Belgium
Certified & sworn translator EN-DE-NL
Native in: Dutch 
Works in: Dutch to English, English to Dutch, German to Dutch, and 1 more.
vuistpandrecht
Dutch to English
Law/Patents
Law: Contract(s)
De bemiddelaar heeft te allen tijde vuistpandrecht op het bemiddelingsobject, waar ook gelegen of afgemeerd, voor elk onbetaald deel van hetgeen de opdrachtgever aan hem verschuldigd is, tenzij de koper de koopsom heeft gestort op de in artikel 11 lid 5 bedoelde Derdengeldenrekening.
Proposed translations
(English)
| 5 +2 | possessory pledge |
Piotrnikitin
|
| 5 | possessory pledge |
Robert Haslach
|
| 4 | possessory lien on or over |
Adrian MM. (X)
|
| 4 | lien |
LouisV (X)
|
Proposed translations
+2
4 mins
Piotrnikitin
Serbia
Serbia
Native in English
Specializes in field
Serbia
Making LEGAL sense...
Native in: English 
, Russian
Works in: Russian to English, Dutch to English, English to Russian, and 9 more.
Related KudoZ points
:
3
Selected
possessory pledge
in other words a way to secure the debt by taking possession of the object that is to serve as security
3 KudoZ points awarded for this answer.
Comment: "thank you!"
29 mins
Robert Haslach
Native in English
Specializes in field
Flemish, Dutch & French - legal, medical
Native in: English
Works in: Flemish to English, Dutch to English, French to English
Related KudoZ points
:
19
possessory pledge
I agree with the first respondent
Robert
Robert
3 hrs
Dutch term (edited):
vuistpandrecht op
possessory lien on or over
It is not a pledge because 1. it is a recht and not an outright transaction 2. it is op = on or over and not van het bemiddelingsobject 3. strictly, possessory and non-possessory pledges are a misnomer as the pledgee or pawnbroker always takes the object in possession.
The tax authorities, however, will - on a non-possessory basis - allow a deafulting taxpayer 'walking posession' - or, in a conditional bill of sale by way of mortgage e.g. of a motor car, a chargor = the borrower will give the chargee = the lender the bill document but not the car.
The tax authorities, however, will - on a non-possessory basis - allow a deafulting taxpayer 'walking posession' - or, in a conditional bill of sale by way of mortgage e.g. of a motor car, a chargor = the borrower will give the chargee = the lender the bill document but not the car.
Example sentence:
It is broader than a conventional lien. special lien - a possessory lien by which the possessor of goods has the right to retain specific goods until a debt ...
Reference:
10 hrs
lien
There is a difference between US and common law counties with regard to the exact meaning/limitations of this term. I think it is the common law counties' meaning that is closest, whereas the US meaning is rather broad.
Wikipedia is a good starting point
Wikipedia is a good starting point
Reference:
Something went wrong...