Glossary entry (derived from question below)
Croatian term or phrase:
prvenstveni red
English translation:
ranking / classification
Added to glossary by
Kristina Kolic
Apr 4, 2008 12:00
16 yrs ago
10 viewers *
Croatian term
prvenstveni red
Croatian to English
Other
Real Estate
zemljišno knjižni uložak
Temeljem čl.72 Zakona o zemljišnim knjigama zabilježuje se prvenstveni red radi osiguranja tražbine do najvišeg iznosa od 10.000.000,00 EUR-a u protuvrijednosti kuna
Proposed translations
(English)
4 +2 | ranking / classification | Kristina Kolic |
5 +1 | priority | Romana (X) |
Change log
Apr 18, 2008 09:51: Kristina Kolic Created KOG entry
Proposed translations
+2
46 mins
Selected
ranking / classification
ranking or classification - referring to the order in which the claims will be collected
"Ranking - In Scotland this term is used to signify the order in which the debts of a bankrupt ought to be paid"
http://legal-dictionary.thefreedictionary.com/ranking
"Section 18-10 [of the Illinois Probate Act] sets forth a classification system for claims, from first class through seventh class. First class claims have the highest priority -- this class includes funeral and burial expenses, expenses of administration, and statutory custodial claims. "Debts due the United States" are third class claims in Illinois.
Two concepts are at work here: (1) all claims of a given class must be paid before moving to the next class of claims and (2) if the amount of property available to pay claims of a given class cannot pay all such claims in full, then the claims will be paid on a pro rata basis."
http://jas-law.typepad.com/death_and_taxes/estate_and_trust_...
"First class. Claims which by law have a specific lien on property to an amount not exceeding the value of such property"
http://www.ncga.state.nc.us/Sessions/2005/Bills/House/HTML/H...
"Ranking - In Scotland this term is used to signify the order in which the debts of a bankrupt ought to be paid"
http://legal-dictionary.thefreedictionary.com/ranking
"Section 18-10 [of the Illinois Probate Act] sets forth a classification system for claims, from first class through seventh class. First class claims have the highest priority -- this class includes funeral and burial expenses, expenses of administration, and statutory custodial claims. "Debts due the United States" are third class claims in Illinois.
Two concepts are at work here: (1) all claims of a given class must be paid before moving to the next class of claims and (2) if the amount of property available to pay claims of a given class cannot pay all such claims in full, then the claims will be paid on a pro rata basis."
http://jas-law.typepad.com/death_and_taxes/estate_and_trust_...
"First class. Claims which by law have a specific lien on property to an amount not exceeding the value of such property"
http://www.ncga.state.nc.us/Sessions/2005/Bills/House/HTML/H...
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
+1
2 hrs
priority
"Priority- the order of position or time. The priority of liens is generally determined by the chronological order in which the lien documents are recorded."
Peer comment(s):
agree |
Larisa Djuvelek-Ruggiero (X)
: precedence
3 days 20 hrs
|
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