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transferir a cambio de cartera

English translation: transfer in exchange for portfolio

12:16 Jun 2, 2001
Spanish to English translations [Non-PRO]
Bus/Financial
Spanish term or phrase: transferir a cambio de cartera
Al haber sido indebidamente aportados estos activos al fideicomiso, se crearon a favor de ABC derechos fiduciarios que _fueron transferidos a XYZ a cambio de cartera_, y que a su vez, los utilizó para abonar las obligaciones que tenía XYZ...
Lee Penya
English translation:transfer in exchange for portfolio
Explanation:
being that these assets were unduly paid to the trustees, trustee rights were created in favor of ABC, which were transferred to XYZ in exchange of a portfolio, who in turn, used them to make installment payments on obligations XYZ had...
Selected response from:

Carol Hart
United States
Local time: 06:02
Grading comment
3 KudoZ points were awarded for this answer



Summary of answers provided
natransfer in exchange for portfolio
Carol Hart
naAssign in exchange for holdings
Monica Ochoa (X)
natransfer in exchange for receivables
samsi


  

Answers


1 hr
transfer in exchange for portfolio


Explanation:
being that these assets were unduly paid to the trustees, trustee rights were created in favor of ABC, which were transferred to XYZ in exchange of a portfolio, who in turn, used them to make installment payments on obligations XYZ had...


    experience with legal and banking terminology translations
    Over 30 years experience in translations
Carol Hart
United States
Local time: 06:02
Native speaker of: English
PRO pts in pair: 59
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1 hr
Assign in exchange for holdings


Explanation:
"...Given that these assets were unduly deposited in trust, fiduciary rights generated in favor of ABC, which rights where assigned to XYZ in exchange for holdings, and which he used in turn in order to settle the obligations of XYZ..."
Hope it helps....M.

Monica Ochoa (X)
PRO pts in pair: 15
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2 hrs
transfer in exchange for receivables


Explanation:
in your given context it would be "receivables"
you might want to check this out:

Treasury Reporting Rates of Exchange
... This report promulgates exchange rate information pursuant to Section 613 ... and expenditures, authorizations, obligations, receivables and payables, refunds, and ...
http://www.fms.treas.gov/intn.html


hope this helps
nice regards


    experiencia
samsi
Local time: 06:02
PRO pts in pair: 20
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