Glossary entry

English term or phrase:

COD

English answer:

cancellation of debt

Added to glossary by Patrice Da Lage
Jan 7 14:13
4 mos ago
75 viewers *
English term

COD

English Law/Patents Finance (general) Mortgage
8 Kennyhill Square, Glasgow, XXX XXX (£70,500 less mortgage £56,250 less COD @ 3% £2.000)
Change log

Jan 7, 2024 16:05: Patrice Da Lage changed "Language pair" from "English" to "English to French"

Jan 7, 2024 16:14: Patrice Da Lage changed "Language pair" from "English to French" to "English"

Jan 9, 2024 06:18: Patrice Da Lage Created KOG entry

Discussion

Daryo Jan 12:
If you want to "anonymize" the ST don't replace the address in the ST by some very real address that has nothing to do with the ST.

BTW "cancellation of debt" MUST be wrong.

Cancellation of debt is the forgiveness of debt obligations by a creditor
Debt relief can be achieved through direct negotiations, debt relief programs, or bankruptcy
Canceled debt is generally considered taxable income that must be reported, but there are many exceptions.
https://www.investopedia.com/terms/c/cancellation-of-debt.as...

I can hardly imagine that any debt guaranteed by a mortgage will ever be "cancelled" (forgiven) - it will go away by "being repaid".
AllegroTrans Jan 9:
There is ALWAYS context And it's possible to post it in an anonymised form. End of.
FWIW I’m convinced it was funny. I’m not guessing.

And there has to be more context. If not, ask for some, we’re not mind readers. Nor does it help to slag off the people who have taken time to try to help.
Patrice Da Lage (asker) Jan 9:
Fake Address @ DARYO
I intentionally changed the address for a forged one.
I said there was not any more pertinent context to be disclosed.
Daryo Jan 8:
????? " I may not disclose any other confidential matters"????? What about this one:

"8 Kennyhill Square, Glasgow"

Nothing confidential about it whatsoever? You could as well have given the name of your client ... and anyone with time to spare can find ALL the context needed to figure out for sure what COD means.

Surely, very professional to give all the context needed for those who can be bothered to use all the clues available.
Paul O'Brien Jan 8:
@Phil I don't think you're funny.
philgoddard Jan 8:
I'm convinced it's either Call of Duty or Concise Oxford Dictionary. I'm not guessing.
AllegroTrans Jan 8:
Context It's possible to give context by anonymising/summarising where there are confidential details. Just saying exactly what the document is would even be a help.
Paul O'Brien Jan 8:
I'm not guessing I'm convinced it's cancellation of debt.
Patrice Da Lage (asker) Jan 8:
Context There is not any other pertinent context, not mentioning that I may not disclose any other confidential matters. I understand your frustration though.
AllegroTrans Jan 8:
These are not sarcastic comments... but requests for context. It's hard to believe that the short snippet posted stands in isolation, with no other text. That other text is CONTEXT.
Patrice Da Lage (asker) Jan 8:
Sacarstic Comments Please avoid any sarcastic comments which are definitely useless and does not help to respond the terminology issue.
As a professional when I stipulate there is no more context to be shown it is probably because there is definitely not any.
AllegroTrans Jan 8:
imho The answers so far are only guesses. Unless we are provided with context (e.g. what the document is, what precedes and what follows this short snippet) it's really impossible to work this out
philgoddard Jan 7:
So have you just been given one sentence to translate?

If so, it's probably best to close the question and ask the customer instead - we can only guess.
Patrice Da Lage (asker) Jan 7:
Sorry but no more context than the one I posted.
AllegroTrans Jan 7:
CONTEXT PLEASE Where exactly does this statement appear? What is the document you are translating?
Plus if it were cash on delivery it should be 3% of one of the amounts stated, and it is not.
philgoddard Jan 7:
I doubt it That doesn't fit the (very limited) context.

Please help us out, Patrice - what is this about? What are the Xs - £12,250? What does it say before and after this?

If this is the calculation of someone's equity in their home, and it says "less", COD must be a liability - perhaps some kind of loan apart from the mortgage.
"Cash On Delivery"?

Responses

+1
37 mins
Selected

cancellation of debt

If this has to do with a debt cancellation procedure, there may be a 3% administrative fee attached to it.
Note from asker:
Thank you!
Peer comment(s):

agree Paul O'Brien
2 mins
Thanks!
neutral philgoddard : I think this is a long shot.
27 mins
neutral Yvonne Gallagher : Guesswork. Client should be asked since no context given
2 days 2 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you."
39 mins

Cancellation of Debt

..
Note from asker:
Thank you!
Something went wrong...
4 hrs

Certificate Of Deposit

Notice the "3%" in "COD @ 3%" (Certificate Of Deposit at 3%).
A Certificate Of Deposit has a fixed interest rate, so Certificate Of Deposit makes sense here.

A Certificate of Deposit (also known as a CD, COD, or Time Account) is a financial product that usually pays a fixed interest rate for a set period of time, ranging from a few months to several years.

https://www.cbbank.com/banking/checking-deposit-liquidity/ce...
Something went wrong...
15 hrs

collect on delivery (COD)

cod => collect on delivery (COD)

What does collect on delivery means?
Cash on delivery, or collect on delivery (COD), is a method of collecting payment that requires customers to pay for goods at the time of delivery.Feb 24, 2022
Something went wrong...
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