Spanish to English translations [PRO] Bus/Financial - Finance (general) | | Spanish term or phrase: caución | PAIS: MEXICO
La Asamblea General de Accionistas, el Administrador o el consejo designarán a los Gerentes y señalarán el tiempo que deban ejercer sus cargos, facultades, obligaciones y *caución*. |
| BDTKudoZ activityQuestions: 1142 ( 2 open) ( 52 closed without grading) Answers: 7
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| | bond (to guarantee faithful performance of their duties) | Explanation: "caución" of course means bond; however, there is one type of bond, commonly referred to as "caución de un administrador" and in this case it is a bond postd by a board member to guoarantee teh faithful performance of his or her duties, and in this context, it seems to be the one that is relevant.
Mike
-------------------------------------------------- Note added at 4 days (2011-08-14 15:17:35 GMT) Post-grading --------------------------------------------------
My pleasure, BDT |
| Selected response from:
 Michael Powers (PhD) United States Local time: 03:49
| Grading comment Thanks Michael! 4 KudoZ points were awarded for this answer |
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