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distribución de cargas

English translation: allocation of liabilities

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:distribución de cargas
English translation:allocation of liabilities
Entered by: Michael Powers (PhD)

00:10 May 25, 2007
Spanish to English translations [PRO]
Bus/Financial - Management / Spain
Spanish term or phrase: distribución de cargas
Juan Migoya has already given a correct translation of this phrase to two2tango in the field of engineering; however, here it is the context of a commercial credit arrangement, specifically a loan from a bank.

Ambas operaciones fueron financiadas por el US ABC Bank mediante un único préstamo a nombre de ambas compañías y por un importe total de 27 MM usd. En las escrituras de hipoteca no re recoge una distribucion de cargas.

Of course, "carga" in isolation has several translations; however, what does it mean in this context?

Thank you,

Mike :)
Michael Powers (PhD)
United States
Local time: 02:26
allocation of liabilities
Explanation:
En las escrituras de hipoteca no re recoge una distribucion de cargas.

The mortgage documents do not contain any allocation of liabilities.

That is, there is nothing showing what one company owes and what the other one owes.

That's my read on it.
Selected response from:

Henry Hinds
United States
Local time: 00:26
Grading comment
Very nicely done, Henry.

Thanks,

Mike :)
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4allocation of liabilities
Henry Hinds


  

Answers


11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
allocation of liabilities


Explanation:
En las escrituras de hipoteca no re recoge una distribucion de cargas.

The mortgage documents do not contain any allocation of liabilities.

That is, there is nothing showing what one company owes and what the other one owes.

That's my read on it.

Henry Hinds
United States
Local time: 00:26
Works in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 81
Grading comment
Very nicely done, Henry.

Thanks,

Mike :)

Peer comments on this answer (and responses from the answerer)
agree  Marina Soldati
40 mins
  -> Gracias, Marina.
agree  Silvia Brandon-Pérez
1 hr
  -> Gracias, Silvia.
agree  Gándara
1 hr
  -> Gracias, Star.
agree  MikeGarcia: Neat and precise, don Henry....
9 hrs
  -> Gracias, Miguel.
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