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dacion en pago

English translation: 1)dation in payment;2)accord and satisfaction(payment of money or other thing of value, usually less


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:dacion en pago
English translation:1)dation in payment;2)accord and satisfaction(payment of money or other thing of value, usually less
Entered by: MikeGarcia
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11:16 Jul 18, 2006
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,
Linebyline
United Kingdom
Local time: 06:25
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.-
Selected response from:

MikeGarcia
Spain
Local time: 07:25
Grading comment
Many thanks for your help,
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +41)dation in payment;2)accord and satisfaction(payment of money or other thing of value, usually less
MikeGarcia
3delivery / turnover / surrender by way of payment
Parrot
3deed in lieu
Edward Tully


  

Answers


4 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
deed in lieu


Explanation:
may be this if referring to property...

Edward Tully
Local time: 07:25
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 647
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43 mins   confidence: Answerer confidence 5/5 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: Native in SpanishSpanish
PRO pts in category: 448
Grading comment
Many thanks for your help,

Peer comments on this answer (and responses from the answerer)
agree  Mónica Ameztoy de Andrada
1 hr
  -> Gracias, Mónica.-

agree  Eva Villarreal Gutiérrez
2 hrs
  -> Gracias, Eva.-

agree  Richard Cadena: Los diccionarios que tienes me indican que estás armado hasta los dientes. Muy bien. Saludos desde México, Richard.
3 hrs
  -> Have books (not guns), will travel....soy un remedo de Wyatt Earp. Gracias desde la Costa del Sol de un argentino más.-

agree  Victoria Frazier
4 hrs
  -> Gracias, Victoria.-
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3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
delivery / turnover / surrender by way of payment


Explanation:
Orellana gives "dación en pago" as "thing in lieu of payment, voluntary delivery by a debtor and acceptance by a creditor of a chose in lieu of fulfillment of the agreed obligation".

Parrot
Spain
Local time: 07:25
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 140
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