contratar activa o pasivamente rentas

English translation: contract to provide or receive annuities

23:32 Sep 28, 2016

Spanish to English translations [PRO]
Law/Patents - Law (general) / Power of attorney (Spain to UK)

Spanish term or phrase: contratar activa o pasivamente rentas

I've a good look around for a credible translation of this and I'm even fairly sure I understand what it means, but I can't seem to render it in a way that convinces me.

This is one of a number of the powers listed in a power of attorney from the Balearic Islands:

"contratar activa o pasivamente rentas, pensiones y prestaciones periódicas, temporales o vitalicias, y su aseguramiento real"

My attempt is this:

"to enter into bargains as recipient or provider of regular, temporary or lifetime annuities, pensions and benefits, and where these may be used as direct collateral"

That last part (su aseguramiento real) is simply an educated guess as I think it might be synonymous with "garantía real", but I'm going to post that question next.

Thanks in advance.

Robert Carter KudoZ activity Questions: 87 (6 open) (21 without valid answers) (2 closed without grading) Answers: 2441 Mexico
Local time: 12:12

English translation:contract to provide or receive annuities

Explanation:
the old "activo/pasivo" thing is whether you are the doer or the recipient of the act
I say "annuities" since it comes in the same breath as "pensions and other regular benefits"

Selected response from:

John Rynne
Local time: 20:12

Grading comment

Thanks again!
4 KudoZ points were awarded for this answer

Summary of answers provided

contract to provide or receive annuities

John Rynne

engage in active or passive trading

Seth Phillips

Answers

4 hrs confidence:

contratar activa o pasivamente engage in active or passive trading

Explanation:
Tough one but I believe this is the idea, given that contratar in the context of bienes / valores usually refers to trading.

Given my suggestion in the other question, you might consider "engage in active or passive trading and (firm?) undertaking of (...)" or somewhere along those lines.

Granted this is from stock market language point of view that may or may not be applicable to the context of those assets mentioned in your text.

Seth Phillips
United States
Local time: 14:12
Works in field
Native speaker of:

English
PRO pts in category: 123

Notes to answerer

Asker: Thanks, Seth. I'm not happy with using active and passive as I don't think it's something we use this way in English. Saludos.

7 hrs confidence:

contract to provide or receive annuities

Explanation:
the old "activo/pasivo" thing is whether you are the doer or the recipient of the act
I say "annuities" since it comes in the same breath as "pensions and other regular benefits"

John Rynne
Local time: 20:12
Works in field
Native speaker of:

English
PRO pts in category: 308

Grading comment

Thanks again!

Notes to answerer

Asker: Thanks for the confirmation, John, I like that wording too, simple and neat.

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.

Return to KudoZ list

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:

ProZ.com term search

Search millions of term translations

contratar activa o pasivamente rentas

English translation: contract to provide or receive annuities

Answers

KudoZ™ translation help

Your current localization setting

Select a language

contratar activa o pasivamente rentas

English translation: contract to provide or receive annuities

Answers

KudoZ™ translation help

You have native languages that can be verified

Your current localization setting

Select a language