GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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14:16 Aug 28, 2019 |
Spanish to English translations [PRO] Bus/Financial - Finance (general) / Banking/Property | |||||||
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| Selected response from: bigedsenior Local time: 19:31 | ||||||
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Summary of answers provided | ||||
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4 | joint |
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4 | joint, several and proporcional |
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3 | are joint, several and pro(-)ratable in nature |
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joint Explanation: "..under the present contract they (the rights and commitments of Financial Entities) are of a joint, independent and proportionate nature..." https://www.gedesco.es/blog/tipos-administradores/ |
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joint, several and proporcional Explanation: https://www.wordreference.com/es/en/translation.asp?spen=man... Joint Liability Defined - Investopedia https://www.investopedia.com › ... › Debt Apr 4, 2018 - Several liability (or proportionate liability) is when all parties are liable for just their own respective obligations. In effect, it is the opposite of joint |
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tienen carácter mancomunado, independiente y proporcional are joint, several and pro(-)ratable in nature Explanation: proporcional > proportionate, proportional, pro rata or rat(e)able; pro(-)rated = apportioned vs. appropriated. tener carácter > suffix with 'in nature' or n status. Compare ranking 'pari passu': 'Where exposures of other investors rank *pari passu* with the institution's exposure, the exposure value of the institution's exposure to an underlying asset should reflect the *pro-rata* distribution of losses amongst the exposures that rank pari passu. Cuando las exposiciones de otros inversores tengan la misma prelación que la exposición de la entidad, el valor de la exposición de la entidad a un activo subyacente debe reflejar la distribución proporcional de las pérdidas entre las exposiciones que tengan la misma prelación. Example sentence(s):
Reference: http://www.lawinsider.com/clause/direct-obligations-pari-pas... Reference: http://www.lawinsider.com/clause/apportionment-of-obligation... |
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