Glossary entry (derived from question below)
Portuguese term or phrase:
dilapidação de patrimônio
English translation:
dissipation of assets
Portuguese term
dilapidação de patrimônio
It is not that the property was being damaged (dilapidation) but rather that it was missing from the deposits. The text is part of a motion within a bankruptcy proceeding.
Aug 10, 2020 15:06: Adrian MM. Created KOG entry
Proposed translations
dissipation /or erosion / of assets
Erosion of assets: natural or unnatural loss of value
Impairment : depreciation on the balance sheet.
Dilapidations : damage or major wear & tear to 'tenanted' property.
.. secure the assets of the bank to seek to prevent their dissipation by theft or other improper action bancocentral.tl [...] liquidante deverá proteger os activos do banco para impedir sua *dilapidação* por roubo ou conduta imprópria e, para isso [..
http://www.bclplaw.com/en-GB/insights/dissipation-of-assets-may-be-tort-under-english-law-marex.html
agree |
Mark Robertson
: But yr alternative answer should not be in the answer field
17 hrs
|
Thanks, Mark. The erosion was a US Am. or Can. 'long stop'.
|
undervaluation of property
asset dilapidation
agree |
Paula Marques
38 mins
|
thanks!!!
|
|
agree |
Liane Lazoski
7 hrs
|
valeu!
|
|
disagree |
Mark Robertson
: see discussion entry
18 hrs
|
neglect of assets
WRONGFUL ACT DEFINED:any actual or alleged error, omission, misleading statement, misstatement, neglect, breach of duty or act allegedly committed or attempted
disagree |
Mark Robertson
: Far from it. These assets have been quandered/dissipated.
18 hrs
|
hide assets/hidden assets
https://www.nmichlaw.com/blog/2019/07/hidden-assets-can-chan...
https://www.assetprotectionplanners.com/strategies/hide-asse...
disagree |
Mark Robertson
: Delapidação means that the assets are no longer owned or controlled by the delapidadora.
17 hrs
|
Thanks, Mark
|
squandering of assets
https://www.google.com/search?q="squandering of assets"&oq="...
https://books.google.pt/books?id=3nrK86fNSPcC&pg=PA389&lpg=P...
The squandering of assets by a spouse, which is referred to as waste, may mean that the spouse committing waste will be allocated less property upon a divorce
The dissipation (squandering) of assets; Family ties and obligations; Tax consequences on each party;
agree |
Mario Freitas
:
6 hrs
|
Obrigada, Mário!
|
|
agree |
Mark Robertson
16 hrs
|
Obrigada, Mark!
|
embezzlement
disagree |
Mark Robertson
: Embezzlement is a type of theft. Neste caso o património é da dilapidadora.
8 hrs
|
Discussion
In the commercial property world, ‘dilapidations’ refers to breaches of lease covenants relating to the condition of a property, and the process of remedying those breaches.[2]
Tenants enter commercial leases agreeing to keep premises in repair; if they do not, the law of dilapidations applies
https://en.wikipedia.org/wiki/Dilapidation#:~:text=In the co...
Dilapidation Including Asset Life Cycles
Dilapidation Including Life Cycle Management
When a commercial lease comes closer towards termination, it is required that the property is restored and repaired to be fit for use once more. This involves a surveyor visiting the property to examine which aspects of the interior and exterior need amending. Dilapidations are enforced when a tenant has not completed the necessary work, and a landlord is entitled to a claim.
What are the Benefits of this Service?
Thorough surveys outlining the work needed to be completed and the realistic, clear and detailed break downs of the financial allocations towards such work.
Ensure a clear plan of how your ***assets*** should be managed, with a schedule of when they should be checked and assessed.
https://www.winnsservices.co.uk/m-e-services/dilapidation-in...