GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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16:02 Jul 10, 2012 |
Italian to English translations [PRO] Law/Patents - Law: Taxation & Customs / trust | |||||||
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| Selected response from: James (Jim) Davis Seychelles Local time: 11:55 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 | deeds of endowment |
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3 | acts of funding |
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Discussion entries: 6 | |
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acts of funding Explanation: acts of funding (e.g. by subscription of shares, subsidy, etc.) |
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deeds of endowment Explanation: Evidence of an act of endowment is given by a document called a "deed or endowment". https://www.google.com/search?source=ig&hl=en&rlz=&=&q="deed... https://www.google.com/search?source=ig&hl=en&rlz=&q="acto o... -------------------------------------------------- Note added at 3 hrs (2012-07-10 19:33:55 GMT) -------------------------------------------------- Correction ... a "deed OF endowment" -------------------------------------------------- Note added at 8 hrs (2012-07-11 00:38:42 GMT) -------------------------------------------------- Basically, I'm assuming that the "dotazione" is money donated to a Foundation, which is very common in Italy. Obviously, when the money is donated a deed is drawn up because it is seldom given with no strings attached. However, a trust (much more common in the UK - National Trust) is very similar but I would hesitate to use the word trust, because it does not entail a transfer of legal title, it is different. This Google seems to show that endowments were more popular in the past in the UK than now. https://www.google.com/search?source=ig&hl=en&rlz=&q="acto o... |
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Notes to answerer
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