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pantförskrivning

English translation: assignment (of an insurance policy)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Swedish term or phrase:pantförskrivning
English translation:assignment (of an insurance policy)
Entered by: Adrian MM. (X)

13:08 Jun 17, 2014
Swedish to English translations [PRO]
Bus/Financial - Insurance
Swedish term or phrase: pantförskrivning
I was wondering if you might be able to help me find a precise translation for the term 'pantförskrivning' / 'pantförskriva' in the following context:


Pantförskrivning
Försäkringen pantförskrivs av försäkringstagaren till den försäkrade som säkerhet för försäkringstagarens fullgörande av sitt pensionsåtagande enligt denna förmånsbeskrivning. Panträtten omfattar även utfallande belopp.

I have found 'mortgage' as a translation, but that does not appear to apply to the present context, which is within a document relating to pension benefits.
Michael Purvis
assignment
Explanation:
Pledging and charge are also withing acceptable parameters but, as law trainee in the City of London, I used to make an 'en/indorsement' of assignment on life policies as security for the assured's (not insured's) loan of money.
Selected response from:

Adrian MM. (X)
Local time: 21:47
Grading comment
thanks!
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1assignment
Adrian MM. (X)
5pledge
Charlesp


Discussion entries: 1





  

Answers


1 hr   confidence: Answerer confidence 5/5 peer agreement (net): +1
assignment


Explanation:
Pledging and charge are also withing acceptable parameters but, as law trainee in the City of London, I used to make an 'en/indorsement' of assignment on life policies as security for the assured's (not insured's) loan of money.


    Reference: http://www.businessdictionary.com/definition/assignment-of-i...
Adrian MM. (X)
Local time: 21:47
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 96
Grading comment
thanks!

Peer comments on this answer (and responses from the answerer)
agree  Charlesp: yep! I would assign you the points.
3 hrs
  -> Thanks. It looks counter-intuitive, but that's the term used in the City of London.
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5 hrs   confidence: Answerer confidence 5/5
pledge


Explanation:
pledge also works

Charlesp
Sweden
Local time: 21:47
Native speaker of: English
PRO pts in category: 23
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