Glossary entry

Spanish term or phrase:

creditos

English translation:

loans made/amounts credited

Added to glossary by Catherine Gilsenan
This question was closed without grading. Reason: Answer found elsewhere
Nov 28, 2008 22:33
15 yrs ago
5 viewers *
Spanish term

creditos

Spanish to English Law/Patents Law (general)
From a Will

Having trouble with "creditos" in this sense:

"XXX lega bienes, derechos, creditos y acceiones, asi presentes como futuros que sean de la titularidad del testador ..."
Change log

Dec 1, 2008 12:43: Catherine Gilsenan Created KOG entry

Discussion

Gilberto Diaz Castro Dec 1, 2008:
Thanks for sharing with us. I still understand that loan amounts are not "willed" to anybody, they are "imposed" on the survivors by the court system.
Catherine Gilsenan (asker) Dec 1, 2008:
Feedback I feel it should be translated this way to include the idea that it includes both amounts credited to the deceased's account, as well as loans made by him.
I would like to thank everyone, actually. It is a sticky one, and everyone seems to have made viable suggestions. Especially, Gilberto. And perhaps just "credits" might have worked. But I decided on the above translation in the end. Cheers. Thanks for your help.
Gilberto Diaz Castro Dec 1, 2008:
Could you share with us your fidings so we can at least all learn something new that was not covered by our experiences in this field?

Proposed translations

+1
9 mins

Credits | any owed ammounts

This could cover all amounts due to the deceased, which would now be owed to the surviving family members.
Peer comment(s):

agree Mónica Algazi
26 mins
Gracias Mónica.
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13 mins

unpaid debts (to the deceased)

suggestion
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+2
26 mins

loans

Assemed before passing.

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Note added at 27 mins (2008-11-28 23:00:13 GMT)
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Sorry...I meant assumed
Peer comment(s):

agree Mile13
10 mins
Thanks Mile13! :)
neutral Gilberto Diaz Castro : Never heard of a loan debt being "willed" to anybody...
37 mins
Point taken; however, isn't it possible that legatees could assume deceased's loans? ;o)
agree Maria del Carmen Zuleta de Quiroz : Agree!!
1 hr
Thanks Maria del Carmen! :)
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47 mins

credits

what you get for something in the case of a game

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Note added at 49 minutos (2008-11-28 23:22:16 GMT)
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or in a bank you loan some money
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44 mins

credits/claims

... all properties, rights, credits, claims and choses in action...

A usual formula in formal legal documents. Hope it helps!


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Note added at 1 hr (2008-11-29 00:17:34 GMT)
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Just to clarify:
1) I posted this answer instead of using a "disagree/neutral" on the earlier posting that suggests "owed amounts", which could hardly be subject of a legacy or will.
2) "Claim" is proposed here as meaning:
1) v. to make a demand for money, for property, or for enforcement of a right provided by law. 2) n. the making of a demand (asserting a claim) for money due, for property, from damages or for enforcement of a right. If such a demand is not honored, it may result in a lawsuit. In order to enforce a right against a government agency (ranging for damages from a negligent bus driver to a shortage in payroll) a claim must be filed first. If rejected or ignored by the government, it is lawsuit time.
Reference: http://dictionary.law.com/definition2.asp?selected=205&bold=||||
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5 hrs

negotiable instruments

the wa I see it
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