Oct 5, 2008 19:08
15 yrs ago
1 viewer *
Spanish term

asunción por el ordenante de las devoluciones de los aduedos

Spanish to English Bus/Financial Finance (general)
From a bank contract:

Las órdenes de cobro implican el abono del importe de las citadas órdenes. Dicho abono se entenderá salvo buen fin, es decir, con asunción por el ordenante de las devoluciones que puedan producirse de los adeudos ordenados.

"...the ordering party assumes the rejections of the ordered debits that could occur"? I'm not sure that "assume" and "rejection" go together here? Any other suggestions? TIA!!

Discussion

Terminology Terminology20:15


ordenante = mandator (account holder)
salvo buen fin = subject to due completion
asunción de las devoluciones = acknowledgement of receipt
adeudos ordenados = entrusted collections
Happy to help!

Proposed translations

+1
50 mins
Spanish term (edited): asunción por el ordenante de las devoluciones de los adeudos
Selected

assumption by the originator of the repayment of the debts

El reembolso de una deuda hipotecaria con la igualdad de pagos periódicos de principal e intereses, calculados a la obligación de jubilarse al final de un período fijo de tiempo.

Peer comment(s):

agree Maru Villanueva
1 hr
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "This was closest to what I ended up using. Thanks Cosme and everyone!"
+2
16 mins

ordering party absorbs reversal of debits

Collections debited imply payment of outstanding amounts. These credits in payment are understood to be in good order, unless the ordering party absorbs reversal of debits for amounts outstanding (due to insufficient customer account balance availability for debiting).

Peer comment(s):

neutral María Eugenia Wachtendorff : Excellent try, given the convoluted legalese! Please see the discussion panel :)
53 mins
agree Liliana Galiano : Maybe 'eventual is missing here, but I like it, financially simple and to the point.
3 hrs
agree Egmont
22 hrs
Something went wrong...
1 hr

mandator's acknowledgment of receipt of the amounts entrusted on collection

This is the idea, Sherry.
Something went wrong...
1 day 1 hr

the [holder/ordering party/principal] shall assume repayment /shall repay the debts

Una alternativa adicional.
¡Suerte!
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search