SEGUROS A VENCER
English translation: prepaid insurance
| 00:43 Jan 3, 2020 |
| Spanish to English translations [PRO] Bus/Financial - Finance (general) / FINANCIAL | |||||||
|---|---|---|---|---|---|---|---|
|
| ||||||
|  Selected response from: patinba Argentina Local time: 00:52 | ||||||
Grading comment
| |||||||
| Summary of answers provided | ||||
|---|---|---|---|---|
| 4 +1 | prepaid insurance |
| ||
| 4 | insurance benefits net of (insurance) premiums |
| ||
| 3 | (term) insurance policies reaching maturity/ coming to mature |
|
| Discussion entries: 3 | |
|---|---|
Answers
1 hr confidence: 
insurance benefits net of (insurance) premiums Explanation: Seguros a vencer es una cuenta regularizadora de Pasivo y se muestra en el pasivo en el Estado de Situación Financiera en el capítulo de Otras cuentas por pagar no comerciales, restando al rubro principal que es Seguros a Pagar. Es el saldo del total de la prima de la Póliza menos los Seguros devengados y menos los Seguros pagados por adelantado. http://contabilidad3emt.blogspot.com/2018/04/repaso-sobre-aj... |
| |
| Login to enter a peer comment (or grade) | ||
10 hrs confidence:
(term) insurance policies reaching maturity/ coming to mature Explanation: > 'una cuenta del activo que se utiliza para regular el pasivo' after the policies reach term (date). cf. insurance run-offs e.g. translators' and interpreters' prof. indemnity policies are rolled over after termination for any claims 'as and when made' and coming in as a nasty surprise post-career. Example sentence(s):
Reference: http://pocketsense.com/expect-term-insurance-reaches-maturit... Reference: http://finance.zacks.com/expect-term-insurance-reaches-matur... |
| |
| Login to enter a peer comment (or grade) | ||
10 mins confidence: peer agreement (net): +1
peer agreement (net): +1prepaid insurance Explanation: Prepaid insurance is considered a business asset, and is listed as an asset account on the left side of the balance sheet. The payment of the insurance expense is similar to money in the bank, and the money will be withdrawn from the account as the insurance is "used up" each month or each accounting period. What Type of Account Is Prepaid Insurance on the Balance ... https://bizfluent.com › info-8406138-type-prepaid-insurance-balance-sheet -------------------------------------------------- Note added at 11 hrs (2020-01-03 12:37:31 GMT) -------------------------------------------------- It is confusing because it can be both an asset and a liability account, but you have confirmed it is an asset, so it is equivalent to Seguros pagados por adelantado, which is a better name for it. |
| ||
Grading comment
| |||
Notes to answerer
| |||
| Login to enter a peer comment (or grade) | |||
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.
See also:
Search millions of term translations