Glossary entry

Arabic term or phrase:

رفع اليد

English translation:

Apply for a debt release

Added to glossary by aya omar
Jan 1 09:50
11 mos ago
27 viewers *
Arabic term

رفع اليد

Arabic to English Law/Patents Law: Contract(s)
لتعيين الخبراء والمحكمين وقبول الصلح أو رفضه و الابراء و الإقرار والإنكار والقبض والاستلام والتسليم وطلب رفع اليد،

Proposed translations

3 days 2 hrs
4 KudoZ points awarded for this answer.
2 hrs

termination of usurpation/returning of the usurped object/removal of possession

request the termination of usurpation/returning of the usurped object/removal of possession
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3 hrs

dismissal of a claim/to relinquish/to withdraw

it refers to the right of a party to a lawsuit to withdraw their claim against the other party. This is known as "dismissal of a claim" in English.
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9 hrs

The release

It’s called mainlevée in French. The text is most probably translated from French.
means to release the Company and its Subsidiaries from the liens and guarantees created as a result of the Credit Agreement and the Indenture.

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Note added at 9 hrs (2024-01-01 19:18:27 GMT)
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https://www.lawinsider.com/dictionary/financial-releases#:~:...

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Note added at 9 hrs (2024-01-01 19:23:52 GMT)
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When a debtor pays all the money due to the bank as part of a mortgage, they receive a release (clearance) meaning that the property is theirs now.

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Note added at 9 hrs (2024-01-01 19:27:57 GMT)
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https://www.smartcapitalmind.com/what-is-a-bank-release.htm

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Note added at 9 hrs (2024-01-01 19:28:26 GMT)
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A bank release is a crucial document that signifies the settlement of a debt or the fulfillment of a financial obligation. It acts as a formal acknowledgment from the bank that a borrower has cleared their dues, thereby releasing them from any further claims. Intrigued by how this can impact your financial journey? Let's examine the implications together.
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