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quebranto, menoscabo o detrimento patrimonial

English translation: loss, injure/damage or heritage /patrimonial detriment,

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Spanish term or phrase:	quebranto, menoscabo o detrimento patrimonial
English translation:	loss, injure/damage or heritage /patrimonial detriment,
Entered by:	Enrique Huber

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21:16 Jul 11, 2008

Spanish to English translations [PRO]
Bus/Financial - Finance (general)

Spanish term or phrase: quebranto, menoscabo o detrimento patrimonial

This is part of a Mexicn law describing what is considered to be "honorable" and "creditworthy."

"Acrediten honorabilidad e historial crediticio y de negocios satisfactorio; al efecto, se considerará que cumplen con este requisito los comisionistas así como, en su caso, sus directores, gerentes, consejeros y funcionarios principales que:

Por sí o a través de interpósitas personas, no hayan causado ***quebranto, menoscabo o detrimento patrimonial alguno***, en perjuicio de instituciones de crédito o de sociedades emisoras en el mercado de valores.

I know these have to do with fraudulent activities, but I am not sure of the exact translation of these three elements.

Something like:

"FRAUD, LOSS or IMPAIRMENT OF ASSETS" or "FRAUD, MISAPPROPRIATION OR EMBEZZLEMENT OF FUNDS"

Thank you so much for your help!