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Glossary entry

Spanish term or phrase:

promesa de prenda

English translation:

pledge agreement

Added to glossary by Giovanni Rengifo
Apr 29, 2005 12:33
19 yrs ago
17 viewers *
Spanish term

promesa de prenda

Spanish to English Bus/Financial Finance (general)
Hi Proz,
This comes up as so:
4. Relevacion de la fianza. Promesa de prenda.
Prenda en efetico.
Could this be Deposit Pledge??
Thanks
Proposed translations (English)
5 +1 pledge agreement
5 +3 commitmemt to pledge/promise to pledge
4 +1 intention to purchase

Discussion

Non-ProZ.com May 1, 2005:
OK, got it! Thanks! It's not too late either1
Maria Belen Apr 30, 2005:
The translation of "promesa de prenda" as "pledge agreement" is simply wrong. It is a simple promise to pledge, and not a pledge agreement.
Maria Belen Apr 30, 2005:
...without delivery there is no pledge. That is why lawyers talk about "promesa de prenda" (promise to pledge) and not simply "prenda" (pledge) or "contrato de prenda" (pledge agreement). The "promesa" means that there is still no delivery of the goods.
Maria Belen Apr 30, 2005:
Hope I'm not too late. "pledge agreement" is certainly, surely NOT a "promesa de prenda". Insofar as the pledge is a real contract (meaning that it is perfected through the delivery of the pledged goods to the creditor), without delivery...

Proposed translations

+1
3 hrs
Selected

pledge agreement

-

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Note added at 3 hrs 18 mins (2005-04-29 15:51:52 GMT)
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\"una promesa\" is a contract or an agreement. Check this out:

tema a los contratos de garantía; fianza, prenda e hipoteca, etc ... 1.- Que la promesa es un contrato, o sea que se requiere el acuerdo de voluntades de los contratantes ...
www.universidadabierta.edu.mx/Biblio/L/Luna Maria-Derecho c... • Translate
More pages from universidadabierta.edu.mx


El pacto eterno
... su propia vida y su trono como prenda de esa promesa del nuevo pacto, nada podía suceder en ... la idea de una promesa recíproca, o un acuerdo, por parte del ...
www.libros1888.com/pactosES03.htm • Translate
Peer comment(s):
agree bigedsenior
34 mins
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you!"
+1
14 mins

intention to purchase

If it's in Spain it is like a pre-contract setting the date for purchase
Peer comment(s):
agree bigedsenior
3 hrs
Something went wrong...
+3
17 mins

commitmemt to pledge/promise to pledge

Hi! That's a "promesa de prenda". Now, "relevación de fianza" could mean both "collateral/guaranty release/relief" or "collateral/guaranty replacement/substitution" because relevar means both substitute (like in a relay race) and relief (lo relevo de sus obligaciones).
Rgds.

PS: prenda en efectico must be a typo. It's "efectivo", which means cash, downpayment, spot transaction.
Peer comment(s):
agree BAmary (X)
1 hr
Gracias, Bamary!!
agree Xenia Wong
2 hrs
Gracias, Xenia!!!
agree Claudia Martel
2 hrs
Gracias, Claudia!!!
neutral bigedsenior : it sounds like a redundancy " a pledge to pledge".
3 hrs
Something went wrong...
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