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Spanish to English translations [PRO] Bus/Financial - Finance (general) / mortgage foreclosure | | Spanish term or phrase: dacion en pago | I know there are entries in the glossary for this term but this is specifically talking about mortgage foreclosure in Colombia.
Context> A partir de los datos historicos de cartera vencida y daciones en pago (durante los ultimos tres anos) construimos la probabilidad de entrega de una dacion en pago en funcion del tiempo transcurrido desde que el credit entro en mora.
Thanks in advance for your input, |
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| | Selected response from: MikeGarcia Spain Local time: 07:25
| Grading comment Many thanks for your help, 4 KudoZ points were awarded for this answer |
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4 mins confidence:  
43 mins confidence: peer agreement (net): +4 1)dation in payment;2)accord and satisfaction(payment of money or other thing of value, usually less
Explanation: "...than the amount owed or demanded, in exchange for the extinguishment of the debt);3) thing/property delivered by a debtor to his creditor in lieu of payment or fulfillment of the obligation owed".-
1) Alcaraz Varo Hughes Legal;2) Thomas West III's Dictionary of Law and Business; 3) Pat Mazzucco's Dicccionario Bilingüe de Terminología Jurídica.-
| MikeGarcia Spain Local time: 07:25 Specializes in field Native speaker of: Spanish PRO pts in category: 448
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| | Grading comment | Many thanks for your help, |
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