Glossary entry

Italiano term or phrase:

fideiussione

Inglese translation:

surety bond / guarantee

Added to glossary by Sarah Weston
Sep 2, 2010 05:08
14 yrs ago
103 viewers *
Italiano term

fideiussione

Da Italiano a Inglese Legale/Brevetti Legale: Contratti
In a master agreement for the provision for all sorts of services and supply contracts. Is this a "SURETY BOND" or a "PERFORMANCE GUARANTEE" (i.e. just a repetition of the beginning of the sentence) or a "GUARANTEE AGREEMENT" as per previous proz answers ? I think Surety Bond is right given the description in the link below but I'm not sure.

"GARANZIE SULL'ADEMPlMENTO TOTALE E PARZIALE, FIDEIUSSIONE
In particolare la fideiussione deve:
1) riportare il numero e la data di protocollo del contratto stesso;
2) decorrere dalla data di inizio delle prestazioni affidate al fornitore e per tutta la durata del contratto e comunque fino alla data di emissione del certificato di collaudo provvisorio o del certificato di regolare esecuzione."

http://en.wikipedia.org/wiki/Surety_bond
Change log

Sep 2, 2010 08:00: Daniela Zambrini changed "Term asked" from "FIDEIUSSIONE" to "fideiussione"

Discussion

Mr Murray (X) Sep 2, 2010:
All the answers... All of the answers - so far - are esentially correct in my opinion. But I'd suggest rewriting the section heading which has redundancies:

GARANZIE SULL'ADEMPlMENTO TOTALE E PARZIALE, FIDEIUSSIONE

because a surety/bond is a guarantee, by rewriting the section as something like:

'Total and partial performance bond(ing)'

This is of course only a suggestion - but I think it's necessary to point this out because 'fideiussione' alone is just 'bond/guarantee' but I think the adjective 'performance' and 'bond' need to be brought together.

Just a suggestion.

Proposed translations

+2
2 ore
Selected

surety bond / guarantee

In the US a "surety bond" is generally defined as a guarantee to pay a creditor if the principal debtor defaults. In UK English it is simply called a "guarantee". A "fideiussione **bancaria**" is a bank surety bond or a bank guarantee. They don't have to be given by banks, but it is often taken for granted in the context that they are.
Surety bonds are often qualified as performance or commercial surety bonds according to the nature of the debt, but they are all surety bonds or guarantees.

http://www.proz.com/kudoz/italian_to_english/finance_general...

Ps My answer is very similar to those of other posters, but it was just easy to put all this in one place rather than put it in bits of peer agreement and discussion.
Peer comment(s):

agree CristianaC : I agree (personally I use guarantee/ bank guarantee if by a bank)
5 ore
Hi Cristiana, I use guarantee and bank guarantee too.
agree Giovanni Pizzati (X)
6 ore
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4 KudoZ points awarded for this answer. Comment: "Thanks very much to everyone, basically I just stuck with what I already had (guarantee) and made the sentence less repititive."
18 min

bank (bond) surety

Peer comment(s):

neutral Mr Murray (X) : They can also be bought through insurance or other bonding agents other than banks. And this is specifically the 'adempimento' bond - i.e. performance bond.
3 ore
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32 min

CONTRACT OF GUARANTEE

I.A.T.E. >
fideiussione
cauzione

contratto di garanzia
EN contract of guaranty
guarantee
guaranty
contract involving a guarantee
guarantee agreement
contract of guarantee
deed of contract
#
Contract of guarantee - A “contract of guarantee” is a contract to perform the promise, or discharge the liability, of a third person in case of his default ...
www.dateyvs.com/gener03.htm - Προσωρινά αποθηκευμένη - Παρόμοιες
# [PDF]
CONTRACT OF GUARANTEE
- [ Μετάφραση αυτής της σελίδας ]
Μορφή αρχείου: PDF/Adobe Acrobat - Quick View
Guarantee Fee. By acceptance of the Contract of Guarantee, the Registered Holder agrees that as long as this contract is in ...
www.rurdev.usda.gov/regs/forms/0449-17.pdf - Παρόμοιες
#
16, Contracts of Indemnity and Guarantee
- [ Μετάφραση αυτής της σελίδας ]
Sec.126- “A contract of guarantee is a contract to perform the promise or discharge the liability of a third person in case of his default”. ...
www.scribd.com/.../16-Contracts-of-Indemnity-and-Guarantee - Προσωρινά αποθηκευμένη - Παρόμοιες
#
UBS - Contract of guarantee
- [ Μετάφραση αυτής της σελίδας ]
The contract of guarantee contains an abstract promise to perform and is a separate obligation independent of the underlying transaction. ...
www.ubs.com › ... › Guarantees - Προσωρινά αποθηκευμένη - Παρόμοιες
#
Distinguish between Contract of Indemnity and Contract of guarantee.
- [ Μετάφραση αυτής της σελίδας ]
5)A contract of indemnify is for reimbursement.. Contract of Guarantee. ... 4)contract of Guarantee is for security of a debt or performance of promise. ...
www.allinterview.com/.../76626.html - Προσωρινά αποθηκευμένη - Παρόμοιες
# [PDF]
Contract of Guarantee for Shareholder Loans between the ...
- [ Μετάφραση αυτής της σελίδας ]
Μορφή αρχείου: PDF/Adobe Acrobat - Quick View
Contract for the duration of the Guarantee Period, irrespective of the number of ... “Contract” means the Contract of Guarantee, which includes the Special ...
www.miga.org/.../Contract of Guarantee for Shareholder Loan... - Παρόμοιες
# [PDF]
Guarantee Contract
- [ Μετάφραση αυτής της σελίδας ]
Μορφή αρχείου: PDF/Adobe Acrobat - Quick View
από C No - 2001
above-mentioned situations, this guarantee contract continues to be valid. Article 5: If Party B and borrower change principal contract, ...
www.adb.org/Documents/Reports/PRC-SME/App-5.5.pdf - Παρόμοιες
# [PDF]
HOW TO GET OUT OF A CONTRACT OF GUARANTEE Consumer Credit Legal ...
- [ Μετάφραση αυτής της σελίδας ]
Μορφή αρχείου: PDF/Adobe Acrobat - Quick View
In a sense, contracts of guarantee are inherently unfair, because they render liable a .... The law applying to a contract of guarantee or indemnity will be ...
www.consumer.vic.gov.au/.../Lookup/.../contractguarantee.pd... - Παρόμοιες
#
contract guarantee definition
- [ Μετάφραση αυτής της σελίδας ]
contract guarantee - definition of contract guarantee from BusinessDictionary.com: Alternative term for ancillary guarantee.
www.businessdictionary.com/.../contract-guarantee.html - Προσωρινά αποθηκευμένη - Παρόμοιες
#
SureFire Shepherds Contract & Guarantee
- [ Μετάφραση αυτής της σελίδας ]
Contract and Guarantee. TRANSFER OF OWNERSHIP. Breeder and/or Owner, Rhonda J. McMahan, hereby transfers the ownership of the following identified puppy to ...
www.surefireshepherds.com/contract-guarantee.htm
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+2
38 min

performance bond

this is the term normally used in this kind of context
Peer comment(s):

agree Barbara Bacca
1 min
thank you Barbara
agree Mr Murray (X) : Very nice! Because of the 'adempimento,' it is necessary to specify this is referring to a 'performance' bond; different than an unspecific surety; and different than the 'bid' bond and 'maintenance' bonds they might also have to supply for this contract.
33 min
thank you Mr Murray!
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Reference comments

8 ore
Reference:

questa spiegazione mi pare molto ben fatta, e illustra la differenza tra perfomance bond e fidejussione

da: banca popolare di sondrio moduli informativi
La fideiussione è una garanzia mediante cui un terzo (garante) si impegna verso il creditore ad adempiere l’obbligazione del debitore principale; quando il
garante è una banca viene chiamata garanzia o fidejussione bancaria. In questo caso si possono definire quindi come un impegno, assunto da una
banca, di eseguire una prestazione a favore di un beneficiario, qualora l’obbligato principale non adempia ai suoi impegni fissati contrattualmente e
richiamati nella garanzia stessa.
Nelle operazioni internazionali hanno assunto sempre maggiore importanza in quanto l’acquirente di una merce, il committente di un servizio ed il fornitore
di una merce - a seconda dei casi - si assicurano l’adempimento di un obbligo contrattuale assunto dalla controparte.
Le garanzie bancarie possono assumere due diverse caratteristiche, essere cioè a prima domanda o fideiussorie.
Le garanzie a "prima domanda" sono impegni autonomi, indipendenti ed astratti rispetto al contratto sottostante da cui traggono origine.
Le garanzie fideiussorie sono, invece, operazioni che dipendono dal contratto da cui traggono origine, quindi ne seguono le sorti, non avendo esse una vita
propria.
La differenza, dunque, tra la garanzia bancaria e la fideiussione consiste nel fatto che con la prima è possibile escutere, cioè farsi pagare dalla banca a
prima e semplice richiesta, mentre con la seconda occorre dimostrare di aver adempiuto ai propri obblighi contrattuali.
A differenza dell’apertura di credito documentario e delle “stand by Letter of credit”, le garanzie bancarie non sono regolamentate da una specifica
disciplina internazionale.
Esistono vari tipi di garanzie bancarie internazionali, esse si distinguono in base all’obbligo che viene assicurato; le più usate sono:
- la lettera di garanzia contro il rischio di mancato pagamento (payment guarantee);
- la garanzia dell’offerta (bid bond);
- la garanzia di esecuzione (performance bond);
- la garanzia di restituzione dell’acconto (advance payment bond).
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