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01:11 Jul 13, 2015 |
Spanish to English translations [PRO] Law (general) / loan agreement -Spanish | |||||||
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| Selected response from: David Hollywood Local time: 21:31 | ||||||
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Summary of answers provided | ||||
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4 +1 | fixed initial interest rate |
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5 | initial fixed ordinary interest |
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fixed initial interest rate Explanation: www.quickenloans.com/.../adjustable-rate-mortgage-... Traducir esta página 10 feb. 2011 - ARMs typically offer a lower initial interest rate than a traditional 30-year fixed mortgage. After the fixed period, the interest rate can fluctuate ... -------------------------------------------------- Note added at 33 mins (2015-07-13 01:45:32 GMT) -------------------------------------------------- if you have to include "remuneratorio", you could add "payable" |
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initial fixed ordinary interest Explanation: is what I use. i suspect you will shortly encounter interes compensatorio which would be default interest www.sec.gov/Archives/edgar/data/1114700/.../y88090exv4w3.tx... (v) It is the BANK's intention to take a loan from SEDESA, payable from the .... should simultaneously pay all ordinary and default interest outstanding hereunder; ... -------------------------------------------------- Note added at 6 hrs (2015-07-13 07:34:51 GMT) -------------------------------------------------- I have done untold numbers of these wretchedly boring loan/facility agreements but they are good earners...... -------------------------------------------------- Note added at 6 hrs (2015-07-13 07:57:23 GMT) -------------------------------------------------- complex loan agreements normally provide for two types of interest, remunatorio or the ordinary interest rate on (to "remunerate") the loan outstanding, and compensatorio (default interest) which is higher and "compensates" the lender for a default in prompt payment..... -------------------------------------------------- Note added at 7 hrs (2015-07-13 08:21:07 GMT) -------------------------------------------------- Well they get 'wretchedly boring' after you have done a couple of dozen 50-100 pagers, all quite similar. My practice is to see how much money is involved - if under 10 million then I am cautious with my rates - over 100 million euros I know they will not be bothered too much about the price - over 500 million and I know client couldn't care less - they just want a good translation for syndication purposes..... -------------------------------------------------- Note added at 7 hrs (2015-07-13 08:28:34 GMT) -------------------------------------------------- Interés Remuneratorio Este interés es simplemente el porcentaje sobre el valor prestado que recibirá el acreedor durante el tiempo que está el dinero en poder del deudor. Interés Moratorio Si se ha fijado un plazo para la entrega, bien sea en plazos o a una sólo fecha de pago total y se pasa esa fecha, a partir del día siguiente nace el Interés Moratorio como sanción por no pagar dentro del término fijado previamente. http://actualicese.com/actualidad/2009/04/30/interes-de-mora... interes moratorio is called interes compensatorio in Spain -------------------------------------------------- Note added at 7 hrs (2015-07-13 08:33:04 GMT) -------------------------------------------------- Definición de interés compensatorio Diccionario de Derecho La indemnización del daño emergente y del lucro cesante por una cantidad o cosa prestada; esto es, tanto por razón de las pérdidas que el acreedor sufre en sus bienes como por las ganancias de que ha de verse privado al carecer de su dinero u otros bienes. Es el que las partes pueden y suelen pactar por el uso de un capital, de una suma de dinero, que debe restituirse transcurrido cierto plazo, estipulado en una u otra forma. -------------------------------------------------- Note added at 10 hrs (2015-07-13 11:36:52 GMT) -------------------------------------------------- you may also see INTERES INDEMNIZATORIO which is the same as default interest |
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