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"crédito gravado"

English translation: "encumbered credit"

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Spanish term or phrase:	"crédito gravado"
English translation:	"encumbered credit"

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16:13 Jul 28, 2009

The asker opted for community grading. The question was closed on 2009-08-01 17:38:42 based on peer agreement (or, if there were too few peer comments, asker preference.)

Spanish to English translations [PRO]
Bus/Financial - Accounting

Spanish term or phrase: "crédito gravado"

Al 31 de enero de 2007, le adeudaba a su tío Pepe, CUIT XXXX, la suma de $ XXXX, suma ésta que se ha corroborado (y) figura en la declaración jurada del impuesto sobre los bienes personales de éste último, como un **crédito gravado**.

Thanks!
Claudia

claudia bagnardi KudoZ activity Questions: 721 (none open) (1 without valid answers) (9 closed without grading) Answers: 1171
Local time: 04:32

"encumbered credit"

Explanation:
Direct translation.
encumbered = owned by one party but subject to another party's valid claim.

gravar 1 vt a (con un impuesto): estos productos serán gravados con un impuesto especial a special tax will be levied on these products;
gravar los ingresos de las personas to tax people’s income
b ‹ casa/tierras ›: la casa está gravada con una hipoteca the house is mortgaged, there is a mortgage on the house; las cargas que gravan la propiedad the encumbrances o charges on the property

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Note added at 17 hrs (2009-07-29 09:27:09 GMT)
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= TAXABLE CREDIT. "Encumbrance is just a cumbersome partial synonym of tax/levy/duty/ etc...

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Note added at 17 hrs (2009-07-29 09:30:30 GMT)
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It appears that A has been taxed (is is liable to be) on the amount lent/borrowed by/to B...