Glossary entry (derived from question below)
Dutch term or phrase:
uitwinning van faillisementen
English translation:
levy of execution on insolvency {inc. enforcement of judgment debts}
Added to glossary by
Adrian MM. (X)
Jan 21, 2009 17:32
15 yrs ago
2 viewers *
Dutch term
Canada
uitwinning van faillisementen
Dutch to English
Bus/Financial
Insurance
collection practices
This term appears in a list without any running text, but a variant is found in another sentence in the same breath as commission costs and other costs that have been incurred by the insurer vis-a-vis its client. Am I to understand this as 'execution of assets in the event of insolvency'? RSVP. Cheers, R.
Proposed translations
(English)
| 3 | levy of execution on insolvency {inc. enforcement of judgment debts} |
Adrian MM. (X)
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| 3 +2 | see explanation below |
Dave Calderhead
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| 3 | attachment/sequestration |
Textpertise
|
References
| uitwinning |
Kitty Brussaard
|
Change log
Jan 27, 2009 08:23: Adrian MM. (X) Created KOG entry
Proposed translations
5 hrs
Selected
levy of execution on insolvency {inc. enforcement of judgment debts}
Roughly in line with the asker's suggested answer.
Quaere: if the uitwinning can extend to the bankruptcy dividend(s) received.
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Note added at 5 hrs (2009-01-21 22:48:50 GMT)
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Assets are not executed, but execution 'issues' or is levied against such and (judgment) debts are enforced.
Quaere: if the uitwinning can extend to the bankruptcy dividend(s) received.
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Note added at 5 hrs (2009-01-21 22:48:50 GMT)
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Assets are not executed, but execution 'issues' or is levied against such and (judgment) debts are enforced.
Example sentence:
Uitwinning bij faillissement, schuldsanering, executoriaal en conservatoir derdenbeslag en vereffening nalatenschap, JBN 2006, 1 (Kalkman), 3 ...
www.recht.nl/vakliteratuur/aflevering.html?aflevering=4532
3 KudoZ points awarded for this answer.
Comment: "I have opted for this solution and provided my own as optional. Thanks to all for your input"
+2
1 hr
Dave Calderhead
Netherlands
Netherlands
Native in English
Works in field
Netherlands
Reliable translations, reasonable rates
Native in: English
Works in: Dutch to English, English
Related KudoZ points
:
77
see explanation below
as 'uitwinning van' = seizure and execution against
I would tend to agree with your translation
I would tend to agree with your translation
Peer comment(s):
| agree |
jarry (X)
: A. van den Ends' Jurlex (4th edition) gives detailed solutions in a number of different contexts.
29 mins
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Thanks Jarry :D
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| agree |
Kitty Brussaard
: I have the impression though that 'uitwinning' refers particularly to the process that follows on 'seizure', i.e. 'execution against (the debtor's assets)'.
4 hrs
|
2 hrs
Textpertise
United Kingdom
United Kingdom
Native in English
Works in field
United Kingdom
Highest WWA rating in Europe for NL-EN
Native in: English 
Works in: Dutch to English, Hebrew to English
Related KudoZ points
:
23
attachment/sequestration
Seizure and execution are fine. Alternatives would be: Sequestration, which is the confiscation of goods once bankruptcy has been declared and is often used interchangeably with bankruptcy; attachment, which is the confiscation of land or of one's earnings also once bankruptcy has been declared and is also often used interchangeably with bankruptcy. Distraint used to be the seizure of property in order to obtain payment of a debt with or without a court order. I believe it has become illegal in the UK without a Court order since 2007 but would need to check that.
Reference comments
3 hrs
Kitty Brussaard
Netherlands
Netherlands
Native in Dutch
Netherlands
Business Language Solutions
Native in: Dutch (Variant: Netherlands)
Works in: English to Dutch, Dutch to English, Dutch
Related KudoZ points
:
32
Reference:
uitwinning
Van Dale gives the following definition:
uit·win·ning
de (v.)
(juridisch) rechtsvordering om aan iem. de eigendom, het bezit van een zaak of goed te ontnemen; het verhalen van een schuldvordering op de goederen van de schuldenaar
synoniem: evictie
uit·win·ning
de (v.)
(juridisch) rechtsvordering om aan iem. de eigendom, het bezit van een zaak of goed te ontnemen; het verhalen van een schuldvordering op de goederen van de schuldenaar
synoniem: evictie
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