'Expediente: Libres'

English translation: Application (Insurance Proposal) - Exempt & Clear (Payments)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:'Expediente: Libres'
English translation:Application (Insurance Proposal) - Exempt & Clear (Payments)
Entered by: KirstyMacC (X)

16:55 May 8, 2004
Spanish to English translations [PRO]
Real Estate / legal contract
Spanish term or phrase: 'Expediente: Libres'
On an insurance policy for a house purchase in Spain - also on the policy it says: Modalidad: Cantidades Anticipadas Libres, which someone has already translated as 'escrow', but I don't see how that fits in here.
Janon
Local time: 03:58
Application (Insurance Proposal) - Exempt & Clear (Payments)
Explanation:
'Arrangement: (Tax-)Exempt'

Prepayments - depending on who's paying what: the policyholder paying tax-free premiums - free of bank charges etc. - so the insurer receives a clear amount?

'... question. This is 17% of the $2.12 billion total dollar amount issued for tax *exempt prepayments* over the past five years.'


Selected response from:

KirstyMacC (X)
Local time: 03:58
Grading comment
Thanks again.
4 KudoZ points were awarded for this answer



Summary of answers provided
3Application (Insurance Proposal) - Exempt & Clear (Payments)
KirstyMacC (X)


  

Answers


6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Application (Insurance Proposal) - Exempt & Clear (Payments)


Explanation:
'Arrangement: (Tax-)Exempt'

Prepayments - depending on who's paying what: the policyholder paying tax-free premiums - free of bank charges etc. - so the insurer receives a clear amount?

'... question. This is 17% of the $2.12 billion total dollar amount issued for tax *exempt prepayments* over the past five years.'





    www.nabl.org/library/comments/irsreg11352698/ firstunionsecurities.htm
KirstyMacC (X)
Local time: 03:58
Native speaker of: Native in EnglishEnglish
PRO pts in category: 16
Grading comment
Thanks again.
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