Glossary entry (derived from question below)
Spanish term or phrase:
acudir a las amortizaciones
English translation:
respond to calls for redemption
Added to glossary by
Hazel Whiteley
Mar 7, 2005 14:52
19 yrs ago
2 viewers *
Spanish term
acudir a las amortizaciones
Spanish to English
Law/Patents
Law: Contract(s)
asset management
Asset management contract (Spain):
"La entidad ejercitará su actividad de gestión con las más amplias facultades, pudiendo, en nombre y por cuenta del cliente entre otras operaciones, comprar, suscribir, enajenar, prestar, acudir a las amortizaciones, ejercitar los derechos económicos, realizar los cobros pertinentes, conversiones y canje de los valores y, en general, activos financieros sobre los que recaiga la gestión, desarrollando las actuaciones, comunicaciones e iniciativas exigidas para ello, pudiendo, a tales efectos, suscribir cuantos documentos sean necesarios"
I am assuming that "amortizaciones" refers to "redemptions" (as in with shares) although this paragraph refers to much more than just shares. Also, what would the "acudir" bit be? To respond to?
Thanks
"La entidad ejercitará su actividad de gestión con las más amplias facultades, pudiendo, en nombre y por cuenta del cliente entre otras operaciones, comprar, suscribir, enajenar, prestar, acudir a las amortizaciones, ejercitar los derechos económicos, realizar los cobros pertinentes, conversiones y canje de los valores y, en general, activos financieros sobre los que recaiga la gestión, desarrollando las actuaciones, comunicaciones e iniciativas exigidas para ello, pudiendo, a tales efectos, suscribir cuantos documentos sean necesarios"
I am assuming that "amortizaciones" refers to "redemptions" (as in with shares) although this paragraph refers to much more than just shares. Also, what would the "acudir" bit be? To respond to?
Thanks
Proposed translations
(English)
4 +1 | respond to calls for redemption | Henry Hinds |
4 +1 | apply for redemptions | MPGS |
5 | effect redemptions | rhandler |
Proposed translations
+1
10 mins
Selected
respond to calls for redemption
Maybe like that.
4 KudoZ points awarded for this answer.
+1
10 mins
apply for redemptions
not just 'shares' any other applicable type of 'bonds'
hih
:)
hih
:)
Peer comment(s):
agree |
Margarita Palatnik (X)
3 mins
|
Thnx Margarita :)
|
10 mins
effect redemptions
This is the expression, as you may see from these examples:
Investment Management Update
... The staff also announced that any fund that wishes to effect redemptions in kind may do so either under the conditions described in the letter (without ...
library.lp.findlaw.com/.../006102/title/Subject/topic/Securities%20Law_Fraud/filename/securitieslaw_2_5597
PART III
... (k) Mode of payment of Dividends / Redemptions : The AMC proposes to use a variety of methods to pay dividends and effect redemptions to the investors. ...
www.mutualfundsindia.com/Part III_sundaram.htm
[PDF] All Points Investment Savings Plan Application Form
File Format: PDF/Adobe Acrobat - View as HTML
... I/We also duly authorise the Bank to effect redemptions by requesting the Company to redeem all shares of the relevant class(es) in my/our name and on my/our ...
www.bankofbermuda.bm/community-banking/ investment-services/pdf/allpointsavplan.pdf
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Note added at 11 mins (2005-03-07 15:04:39 GMT)
--------------------------------------------------
The correct link for the first example is:
http://library.lp.findlaw.com/.../006102/title/Subject/topic...
Investment Management Update
... The staff also announced that any fund that wishes to effect redemptions in kind may do so either under the conditions described in the letter (without ...
library.lp.findlaw.com/.../006102/title/Subject/topic/Securities%20Law_Fraud/filename/securitieslaw_2_5597
PART III
... (k) Mode of payment of Dividends / Redemptions : The AMC proposes to use a variety of methods to pay dividends and effect redemptions to the investors. ...
www.mutualfundsindia.com/Part III_sundaram.htm
[PDF] All Points Investment Savings Plan Application Form
File Format: PDF/Adobe Acrobat - View as HTML
... I/We also duly authorise the Bank to effect redemptions by requesting the Company to redeem all shares of the relevant class(es) in my/our name and on my/our ...
www.bankofbermuda.bm/community-banking/ investment-services/pdf/allpointsavplan.pdf
--------------------------------------------------
Note added at 11 mins (2005-03-07 15:04:39 GMT)
--------------------------------------------------
The correct link for the first example is:
http://library.lp.findlaw.com/.../006102/title/Subject/topic...
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