solidar

English translation: joint and several liability

08:18 Sep 8, 2018
Swedish to English translations [PRO]
Bus/Financial - Finance (general)
Swedish term or phrase: solidar
In a document providing instructions to employees at a debt management company.

The document is mostly giving instructions on how to register debts, payments etc in software. It is very jargony, full of abbreviations, and there is very little context:

BF-status (Solidariskt):
Enligt mall ovan samt:
MS7S 0 dgr "Vi återkallar målet mot solidar YYMMDD-XXXX då denne är försatt i konkurs YYYY-MM-DD. Observera att övriga solidarer skall kvarligga för ansökan om betalningsförläggande."
Michael Purvis
English translation:joint and several liability
Explanation:
In finance, "joint and several liability" is a known status when it comes to debt management.

https://ffgnesqs.com/joint-several-liability-clauses-improve...

https://www.law.cornell.edu/wex/joint_and_several_liability

https://sv.wikipedia.org/wiki/Solidariskt_ansvar
Selected response from:

Sam Habach
United States
Local time: 17:32
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4in solidum
SafeTex
4joint and several liability
Sam Habach
1jointly liable party
Diarmuid Kennan


Discussion entries: 3





  

Answers


14 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
in solidum


Explanation:
Hello

There is a Proz thread (French to English) that discusses the term in English and other proposed answers give you a number of alternatives. See reference



    https://www.proz.com/kudoz/french-to-english/law-patents/16571-in-solidum.html
SafeTex
France
Local time: 22:32
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 14
Login to enter a peer comment (or grade)

1 day 10 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
joint and several liability


Explanation:
In finance, "joint and several liability" is a known status when it comes to debt management.

https://ffgnesqs.com/joint-several-liability-clauses-improve...

https://www.law.cornell.edu/wex/joint_and_several_liability

https://sv.wikipedia.org/wiki/Solidariskt_ansvar

Sam Habach
United States
Local time: 17:32
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Login to enter a peer comment (or grade)

42 mins   confidence: Answerer confidence 1/5Answerer confidence 1/5
jointly liable party


Explanation:
Just guessing that this is what is being referred to.

--------------------------------------------------
Note added at 4 days (2018-09-12 09:28:12 GMT)
--------------------------------------------------

"jointly and severally liable party" is better

Diarmuid Kennan
Ireland
Local time: 21:32
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search