Glossary entry

français term or phrase:

les biens les plus clairs et liquides

anglais translation:

most unencumbered (and ...) assets

Added to glossary by Julius Ngwa
Nov 28, 2023 07:38
6 mos ago
38 viewers *
français term

les biens les plus clairs et liquides

français vers anglais Droit / Brevets Droit : contrat(s) Marriage contract
The context is that of a marriage contract. Here's the sentence: "Le donnataire prélèvera les biens les plus clairs et liquides de la succession du donatur toute somme impayée au décès de ce dernier." I really no sure what "bien les plus clairs" means. TIA for your suggestions

Proposed translations

+1
1 heure
Selected

most unencumbered (and ...) assets

I've only found the French in somewhat aged texts (late 18th and early 19th centuries).

"En cas de décès du mari, la veuve a droit « d'emporter tout son portement, habits, linge et une amendise de mariage à prendre sur les biens clairs et apparens que délaissera le futur mariant » 84."
84. Saint-Omer, n° 1, 1750.
https://gallica.bnf.fr/ark:/12148/bpt6k5620149k/texteBrut

"M. Lovelace jouissait d'un fort bon patrimoine, en biens clairs et nets, [ … ] D'excellente famille, a continué ma mère; riche en biens clairs et qui peuvent encore augmenter"
https://gallica.bnf.fr/ark:/12148/bpt6k411495j/texteBrut
[Clarisse Harlove, by Samuel Richardson (1689-1761), traduit sur l'édition originale par l'abbé Prévost par Diderot, Publication date : 1846]

"his niece Clary with prudence; and that a more honourable alliance for the family, as he had often told them, could not be wished for: since Mr. Lovelace had a very good paternal estate; and that, by the evidence of an enemy, all clear. […] 'Of a good family, continued my mother; a fine, clear, and improving estate"
https://www.gutenberg.org/files/9296/9296-h/9296-h.htm
[Clarissa; or, The History of a Young Lady: Comprehending the Most Important Concerns of Private Life. And Particularly Shewing, the Distresses that May Attend the Misconduct Both of Parents and Children, In Relation to Marriage, published 1748]

des biens clairs, dégagés de toutes charges étrangères à la dette
https://books.google.fr/books?id=i5dFAAAAcAAJ&pg=PA210&lpg=P...
[Jurisprudence du Code Civil, 1806]

"qu'il prenait dans les biens clairs et liquides"
https://books.google.fr/books?id=qEnjyoKP5HYC&pg=PA103&lpg=P...
[Esprit de la Jurisprudence, 1827]

It is obvious that clair here refers to assets that are not tied up or can be laid claim to by other parties, so ... unencumbered assets, in today's language, possibly simply 'clear', as in 'free and clear' which may once not have been 'slang' as it is qualified below. Depending maybe on whether your text is modern or historical. That said, I have dealt with modern-day inheritance documents containing masses of 18th-century boilerplate, totally inapplicable in today's world, that notaires use as padding ...

"What is Unencumbered Assets? Unencumbered assets are assets that are free and clear of any liens, mortgages, or other financial encumbrances."
https://ecapital.com/financial-term/unencumbered-assets/#:~:...

"Unencumbered Assets: Overview of Free and Clear Assets […]Unencumbered refers to an asset or property that is free and clear of any encumbrances, such as creditor claims or liens
https://www.investopedia.com/terms/u/unencumbered.asp

"Free and clear is a slang phrase describing the situation of someone who gains outright ownership of an asset: That is, it is completely paid off and no creditor has a claim on it. It most frequently applies to real property."
https://www.investopedia.com/terms/f/freeandclear.asp




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Note added at 2 hrs (2023-11-28 10:15:17 GMT)
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Though actually I prefer 'least encumbered assets' (I've checked, 'encumbered assets' is a thing).
Note from asker:
Thanks for the explanations, which tie in with my initial hunch. In the end, I decided to go with "clearest" as language of the original is undoubtedly from another "époque".
Peer comment(s):

agree ormiston
11 heures
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "All the proposals where good but you answered first, so I'm awarding you the points. Thanks again"
8 heures

most available and liquid (readily convertible) assets

something missing ? is to take out of the most available and liquid assets (parts) of the estate of the donor (settlor) any sum unpaid by the latter upon the latter's demise / decease .... prélèvera - *à même* les biens les plus clairs et liquides de la succession du donateur - toute somme impayée au décès de ce dernier

compare: boire *à même* la bouteille: drink straight out of the bottle, an expression our one French trick-pony 'teacher' at a UK school - and German Enigma Code-Breaker during World War II - had been grammatically obsessed with.

Admittedly, there is a partial overlap with the first answer, except 'most unencumbered' implies there is still a second- or third-ranking charge held by a chargee (mortgage lender) or is not earmarked elsewhere e.g. for another marriage settlement or a reserved portion going to a widow/er or, thinking Anglo-parochially, as a fund charged with specific legacies.

PS the asker's country and odd French (mis-)spelling assume an archaic Canadian pedigree, though I initially had a Monégasque 'pure French' hunch.
Example sentence:

...au décès de ce dernier, avec l’entente que le produit des polices d’assurance (proceeds of the ins. pols. taken out by the donor on his own life) prises par le donateur sur sa vie et dont la donataire la bénéficiaire (donee is the nominated..)

This is again a unit cost indicator, which indicates the cost efficiency in the management of available assets.

Note from asker:
Thanks for your input, Adrian. The archaic French is Québécois, and no, there's no misspelling. "à même" is used in the sense of "de", so can be translated as "from".
Something went wrong...
+1
3 jours 19 heures

The goods/assets with the clearest titles and the easiest to liquidate

Clear means clear title, defined below.

Bien is translated as a good in economics. But goods can be assets in financial transactions.

The superlative 'les plus liquides' means the easiest to liquidate.(to transform in cash)


A clear title is a title without any type of lien or levy from creditors or other parties that would pose a question as to legal ownership.
Peer comment(s):

agree AllegroTrans
8 heures
Thanks!
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