Glossary entry

Spanish term or phrase:

El patrimonio vinculado en su garantía

English translation:

..... assets included in its guarantee

Added to glossary by Jack Fleming
Feb 4, 2012 18:36
12 yrs ago
2 viewers *
Spanish term

El patrimonio vinculado en su garantía

Spanish to English Law/Patents Law (general) Deed Recording Establishment of Company
After stating the quantities of share capital contributed by partners in the establishment of the company, the document goes on to state the following:

Este capital social y el PATRIMONIO VINCULADO EN SU GARANTÍA será el único responsable de las deudas y obligaciones contraidas en nombre de la Sociedad por persona legalmente autorizada para usar de su firma social.

Any ideas?
Proposed translations (English)
4 ..... assets included in its guarantee

Discussion

liz askew Feb 4, 2012:
Hi, what does the "su" refer to in the phrase "en su garantía"..the capital social? or something mentioned earlier on?

Proposed translations

2 hrs
Selected

..... assets included in its guarantee

the guarantee of the capital equity
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4 KudoZ points awarded for this answer. Comment: "Thanks Rosa!"

Reference comments

1 hr
Reference:

references only

patrimonion = assets/estate

capital social = capital stock/equity

capital social > capital stock; capital - ProZ.com
www.proz.com › KudoZ home › Spanish to English › Bus/Financial
15 Jul 2003 – ProZ.com global directory of translation services .... It is a financial statement, and "capital social" appears under the breakdown (desglose) of ...
• Patrimonio English Spanish Translation | Traductor ingles español
www.spanishdict.com/translate/patrimonio
el patrimonio de la empresa asciende a mil millones de dólares -> the company has net assets of one billion dollars; patrimonio personal -> personal estate ...
this capital equity and the capital assets related to the guarantee of this equity
http://www.thefreedictionary.com/Capital Stock
capital stock is distinguishable from the property and assets of the corporation. The property of a corporation fluctuates and may be greater or less than the original capital invested, but the capital stock remains intact and unaffected by the vicissitudes of business.
Undivided profits, or surplus, are not part of the capital stock, although they are included in the general capital or assets of the corporation.
The capital stock of a corporation serves only corporate purposes. It functions as security for the creditors of the corporation who have relied on its existence, since it cannot be diverted or withdrawn to the detriment of corporate creditors. Capital stock is sometimes regarded as a trust fund.


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Note added at 1 hr (2012-02-04 19:39:10 GMT)
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Principio de garantía del capital social
members.fortunecity.es/fervar/fvs.doc - Translate this page
File Format: Microsoft Word - Quick View
Principio de garantía del capital social. El capital social se constituye como una garantía de los acreedores de la sociedad que aseguren la existencia ...

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Note added at 1 hr (2012-02-04 19:41:30 GMT)
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Popular law-making: a study of the origin, history, and present ... - Google Books Result
books.google.com/books?isbn=1584770945...Frederic Jesup Stimson - 1910 - Law - 390 pages
Under the old theory the capital stock of a corporation was, in the law, considered to be a guarantee fund for the payment of creditors, as well as affording a ...

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Note added at 1 hr (2012-02-04 19:44:32 GMT)
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Clear Channel Communications, Inc. Announces Closing Of Priority ...
www.clearchannel.com/Corporate/PressRelease.aspx?PressRelea...
23 Feb 2011 – The Notes and the related guarantees are secured by (1) a lien on (a) the capital stock of CCU and (b) certain property and related assets that ...
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