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Fiche 1,  Justifications,  Anglais

Record number: 1, Textual support number: 1 DEF

Right to the ’first claim’ on a borrower's assets granted to a lender under a loan agreement. In case of the liquidation of borrower's assets, the prior charge holder is paid first.  2, fiche 1, Anglais, - prior%20charge

Fiche 1,  Justifications,  Français

Record number: 1, Textual support number: 1 OBS

charge de rang antérieur : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).  2, fiche 1, Français, - charge%20de%20rang%20ant%C3%A9rieur

Fiche 1,  Justifications,  Espagnol

Fiche 2,  Justifications,  Anglais

Record number: 2, Textual support number: 1 CONT

In a considerable number of civilizations, an insolvent debtor either became his creditor's slave or could be sold by the latter to a third person. Usually the condition arose from a pledge by a debtor of his personal services, or those of a person under his control, as security for a loan. The main feature of such an arrangement is that the value of services furnished is not applied toward the liquidation of the debt. Consequently the individual pledged has practically no hope ever to escape his servile condition.  4, fiche 2, Anglais, - debt%20bondage

Record number: 2, Textual support number: 1 OBS

The term "bonded labor" was confirmed as a synonym by the Office of International Affairs, Labour Canada.  3, fiche 2, Anglais, - debt%20bondage

Record number: 2, Textual support number: 2 OBS

Reproduced from the Glosario Provisional de Términos Jurídicos with the permission of the United Nations Office at Geneva.  5, fiche 2, Anglais, - debt%20bondage

Fiche 2,  Justifications,  Français

Record number: 2, Textual support number: 1 OBS

Servitude pour dette : terme également tiré de la Convention concernant l'abolition du travail forcé, 1959.  3, fiche 2, Français, - servitude%20pour%20dettes

Fiche 2,  Justifications,  Espagnol

Record number: 2, Textual support number: 1 OBS

Reproducido del Glosario Provisional de Términos Jurídicos con la autorización de la Oficina de las Naciones Unidas en Ginebra.  2, fiche 2, Espagnol, - servidumbre%20por%20deudas

Fiche 3,  Justifications,  Anglais

Record number: 3, Textual support number: 1 DEF

In the case of the liquidation of a company, this loan ranks behind all other creditors, but in front of those of the ordinary shareholders. Such a loan may be a bank loan or a loan given by the directors. Such loans are arranged when a business is in its infancy and is intended to reassure the trade and other creditors, so that there is no liquidity problem and credit terms are available. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].  2, fiche 3, Anglais, - subordinated%20loan

Fiche 3,  Justifications,  Français

Record number: 3, Textual support number: 1 DEF

Emprunt qui, en cas de liquidation, occupe le rang d'exigibilité juste avant le capital, donc après toutes les dettes privilégiées et autres.  2, fiche 3, Français, - emprunt%20subordonn%C3%A9

Fiche 3,  Justifications,  Espagnol

Fiche 4,  Justifications,  Français

Fiche 4,  Justifications,  Espagnol

Fiche 5,  Justifications,  Anglais

Record number: 5, Textual support number: 1 DEF

The value of a company's assets theoretically available for repayment of a loan in the event of liquidation after all liabilities other than the loan have been paid.  1, fiche 5, Anglais, - equity%20cushion

Fiche 5,  Justifications,  Français

Fiche 5,  Justifications,  Espagnol