el no recurso a
English translation: non-recourse to
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| 07:52 Mar 13, 2012 |
| Spanish to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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|  Selected response from: James A. Walsh Spain Local time: 19:21 | ||||||
Grading comment
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| 5 +2 | non-recourse to |
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| 4 +1 | with no recourse/access to |
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Answers
3 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1with no recourse/access to Explanation: :) -------------------------------------------------- Note added at 5 mins (2012-03-13 07:57:39 GMT) -------------------------------------------------- the parent company -------------------------------------------------- Note added at 21 mins (2012-03-13 08:13:10 GMT) -------------------------------------------------- or: independant of parent company funds -------------------------------------------------- Note added at 23 mins (2012-03-13 08:15:28 GMT) -------------------------------------------------- but that's a weak option .. it means they cannot rely on parent company support (funds) -------------------------------------------------- Note added at 24 mins (2012-03-13 08:16:31 GMT) -------------------------------------------------- and should read "independent" (but disregard that suggestion) |
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35 mins confidence: peer agreement (net): +2
peer agreement (net): +2| el no recurso a non-recourse to Explanation: Although David's option is valid, I've translted this many times in the past and am positive that this is the preferred phrase. -------------------------------------------------- Note added at 37 mins (2012-03-13 08:30:01 GMT) -------------------------------------------------- Definition of 'Non-Recourse Debt' A type of loan that is secured by collateral, which is usually property. If the borrower defaults, the issuer can seize the collateral, but cannot seek out the borrower for any further compensation, even if the collateral does not cover the full value of the defaulted amount. This is one instance where the borrower does not have personal liability for the loan. Investopedia Says Investopedia explains 'Non-Recourse Debt' These types of projects are characterized by high capital expenditures, long loan periods and uncertain revenue streams. Analyzing them requires a sound knowledge of the underlying technical domain as well as financial modeling skills. Read more: http://www.investopedia.com/terms/n/nonrecoursedebt.asp#ixzz... Reference: http://www.investopedia.com/terms/n/nonrecoursedebt.asp#axzz... Reference: http://tinyurl.com/72bvvgg |
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