Glossary entry

Swedish term or phrase:

bindningstid

English translation:

(loan) lock-in period; (land-buy) lockout period

Added to glossary by David Rumsey
May 2, 2007 22:10
17 yrs ago
8 viewers *
Swedish term

bindningstid

Swedish to English Bus/Financial Real Estate
Antal år för lånetypen får inte vara mindre än lånets bindningstid.
Proposed translations (English)
4 (loan) lock-in period; (land-buy) lockout period

Proposed translations

9 hrs
Selected

(loan) lock-in period; (land-buy) lockout period

The single entry of 'during period' in Gullberg's SV/EN Fackordbok is a complete mystery out of context.

In the UK, a lockout clause e.g. in a contract of sale of land - of other prospective buyers - also serves to 'lock in' the seller to one buyer.




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Note added at 9 hrs (2007-05-03 07:55:10 GMT)
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That's 'curing' period in Gull berg.
Example sentence:

If you don't settle within the lock-in period, will the lender refund some or all of your application or lock-in fees if you decide to cancel the loan ...

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