Glossary entry

Chinese term or phrase:

处分

English translation:

forfeited

Added to glossary by Katherine Xuan
Aug 21, 2019 08:12
4 yrs ago
1 viewer *
Chinese term

处分

Chinese to English Other Finance (general) finance
租赁合同经登记备案后,当发生重复预租、出租、租赁期间房屋转让或设定抵押后被处分等事实时,可以对抗第三人。
Votes to reclassify question as PRO/non-PRO:

Non-PRO (1): Rita Pang

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Discussion

Shirley Lao Aug 23, 2019:
DISPOSITION OF COLLATERAL AFTER DEFAULT After default, a secured party may sell, lease, license, or otherwise dispose of any or all of the collateral in its present condition or following any commercially reasonable preparation or processing.
https://www.law.cornell.edu/ucc/9/9-610

Please also refer to another KudoZ question about 设定抵押后被处分:
https://www.proz.com/kudoz/chinese-to-english/law-contracts/...

Proposed translations

46 mins
Selected

forfeited

房屋被设定抵押后被处分

the property is forfeited in the event of a default after it has been set as a loan collateral

可查collateral的定义。


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Note added at 2 days 4 hrs (2019-08-23 12:39:53 GMT)
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Thanks to Shirley. "Disposition of collateral default" fits into the context well.

处分 = 处置、处理
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4 KudoZ points awarded for this answer.
21 mins

penalty

行政处分 administrative penalty
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3 hrs

sanctioned / sanctions

Sanctions, in law and legal definition, are penalties or other means of enforcement used to provide incentives for obedience with the law, or with rules and regulations. Criminal sanctions can take the form of serious punishment, such as corporal or capital punishment, incarceration, or severe fines.
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4 days

disciplinary measures

e.g., 行政处分
administrative disciplinary measures
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