Glossary entry

French term or phrase:

Garantie de Restitution d’Acompte

English translation:

Guarantee of Refund of Deposit

Added to glossary by EirTranslations
Sep 23, 2011 14:23
12 yrs ago
9 viewers *
French term

Garantie de Restitution d’Acompte

French to English Tech/Engineering Business/Commerce (general)
Must be some sort of guarantee dealing with the deposit made by the client but I don't know the exact name of this and imagine it does exist, for a tender of a wind farm, pls see below thanks

l’Entreprise a reçu du Maître d’Ouvrage le paiement du premier terme (« l’Acompte ») conformément au Calendrier de paiement précisé à l’article B8; et
l’Entreprise a remis la Garantie de Bonne Exécution et la Garantie de Restitution d’Acompte (telles que définies au E.1) au Maître d’Ouvrage et l’Entreprise a reçu du Maître d’Ouvrage la Garantie de (company name) couvrant le paiement de tout montant dû à l’Entreprise au titre du Contrat.

Proposed translations

+1
8 mins
Selected

Guarantee of Refund of Deposit

or Deposit Refund Guarantee. The first one is a little bulky but uses "refund of deposit" which is a commonly used turn of phrase for this.
Peer comment(s):

agree Louise Kerrigan
56 mins
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "thx"
+1
6 mins

advance payment guarantee

just a suggestion
Peer comment(s):

agree Sandra & Kenneth Grossman
9 mins
thnx
neutral Roberta Beyer : i think it is worth making the distinction between advance and deposit
59 mins
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Reference comments

3 hrs
Reference:

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