This question was closed without grading. Reason: No acceptable answer
Feb 4, 2015 20:16
9 yrs ago
7 viewers *
Arabic term

اتحاد في الذمة

Arabic to English Bus/Financial Finance (general)
اذا اعتبرنا أموال المؤسسة أموال عامة سيصبح هناك اتحاد في الذمة ما بين اموال المؤسسة وأموال الدولة


thank you for help

Proposed translations

6 mins

Merger in ownership

Merger in ownership
Note from asker:
i'm not sure this is accurate it sounds more like a made up term!
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+1
47 mins

Confusion

Confusion is the intended legal term. You may check the following references:


http://legal-dictionary.thefreedictionary.com/confusion
Confusion

The combination or mixture of two things; the process of commingling.

Confusion has been used synonymously with merger, meaning a union of two separate entities that eliminates clear boundaries. Confusion of rights, for example, is a combination of the rights of debtor and creditor in the same individual. Similarly, a confusion of titles exists when two titles to the same property combine in the same person. A confusion of debts is a method of eliminating a debt or canceling it. This may occur, for example, upon the death of a creditor when the debtor is the creditor's heir.


http://thelawdictionary.org/confusion-of-debts/

Peer comment(s):

agree Samar Higazi
19 hrs
Many Thanks Ms. Samar.
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10 hrs

collective liability

000000000000
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15 hrs

consolidation / unification of accounts

consolidation / unification of accounts
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