Spanish to English translations [PRO]
Bus/Financial - Accounting / crédits-dettes | | Spanish term or phrase: relación | "el presente contrato tiene una duración de un año siendo prorrogable por periodos anuales si ninguna de las partes, para cada relación de cuenta corriente en concreto, manifiesta por escrito su intención de no continuar."
"con anterioridad al 31 de marzo, cada parte calculará el saldo medio durante el año natural de la posición acreedora o deudora que presente la relación de cuenta corriente abierta"
Thank you in advance ! |
|  Virginie TKudoZ activityQuestions: 517 ( 13 open) ( 9 without valid answers) ( 86 closed without grading) Answers: 306
| | Local time: 09:35
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| | Selected response from:
Ana Terzaghi
Local time: 04:35
| Grading comment Thank you !
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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1 hr confidence:   peer agreement (net): +2 current account relationship
Explanation:
It refers to every detail in the account since it was created.
| Ana Terzaghi
Local time: 04:35
Works in field
Native speaker of:  Spanish
PRO pts in category: 16
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| Reference: relationship
Reference information:
Ana has posted the answer I was about to give myself. Here are some references:
The expression "relación de cuenta corriente" refers to a form of contractual relationship between the bank and the account holder.
Here is an extract from some study notes for the "oposición" for notaries and registrars:
"2- LA RELACION DE CUENTA CORRIENTE.
Es una modalidad del contrato de cuenta corriente, su especialidad radica en q una de las partes es un banco y q las remesas derivan de operaciones bancarias.
Se puede definir como un contrato de gestión en virtud del cual el banco se compromete a realizar por cuenta de sus clientes cuantas operaciones son inherentes al servicio de la caja y realizando las correspondientes anotaciones contables."
http://www.notariosyregistradores.com/opositores/temasdeopos...
In English, the term "relationship" is used to denote this legal concept:
"However, in connection with ongoing payments there always is a current account relationship, whatever the precise name of the account. Even in other banking relationships, such a current account relationship would seem to be always implicit."
The International and Comparative Law Quarterly,
Vol. 51, No. 3, Jul., 2002
http://www.jstor.org/pss/3663079
Here is a previous English-French question for comparison:
http://www.proz.com/kudoz/english_to_french/law:_contracts/1...
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Note added at 3 hrs (2011-11-25 15:24:22 GMT)
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(By the way, I don't think the answer to that English-French was a correct interpretation of the phrase.)
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Asker: Ok. I agree with you !
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