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Pervizhuseyn Posted 14 years ago
English in Russia

financial instrument

Hi there. I need some help, please. Working on a translation (eng-rus) of a financial document and came across the following phrase which is a bit hard to translate. "THE PROVIDER represents and warrants that it has the ability and resources to arrange through associates, contacts and sources, with full corporate responsibility, financial instrument in the term of assignments to be provided to THE RECEIVER."
Thanks inadvance
  

Top answer

A 'financial instrument' varies, and in your text, this will depend on what in particular the Provider is assigning/transferring to the Receiver. Your context (leasing) suggests some document that represents a legally enforceable, binding agreement between two (or more) parties with regard to a right to payment of money, that the Receiver gets. in the term of assignments: the nature/type of financial instrument will be in accord with what is actually being transferred to the Receiver.

  • A 'financial instrument' varies, and in your text, this will depend on what in particular the Provider is assigning/transferring to the Receiver.
  • Your context (leasing) suggests some document that represents a legally enforceable, binding agreement between two (or more) parties with regard to a right to payment of money, that the Receiver gets.
  • in the term of assignments: the nature/type of financial instrument will be in accord with what is actually being transferred to the Receiver.
  • That is, depending on just what is being transferred, the type of financial instrument will correspond with the nature of what is being transferred.
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1 Answers
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A 'financial instrument' varies, and in your text, this will depend on what in particular the Provider is assigning/transferring to the Receiver. Your context (leasing) suggests some document that represents a legally enforceable, binding agreement between two (or more) parties with regard to a right to payment of money, that the Receiver gets.

in the term of assignments: the na

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