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Spanish to English translations [PRO]
Bus/Financial - Finance (general) | | Spanish term or phrase: quedando subrogada la entidad bancaria en el credito contra dicho Adminsitracion | Hi Proz,
Sentence goes:
El ingreso (de dinero) se realizara en el plazo maximo de 5 dias a partir de la recepcion de la notificacion, quedandose subrogada la entidad bancaria en el credito contra dicha administracion.
Subrogada in this context is what I'm looking for!
Thanks |
|  Jenette HolyoakKudoZ activityQuestions: 634 (none open) ( 3 without valid answers) ( 4 closed without grading) Answers: 295
| Local time: 07:55
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| | the bank will then be subrogated to the credit againt the referred Agency | Explanation:
La entidad bancaria, al "quedar subrogada en el crédito", toma el lugar de acreedora frente a la Administración (deudora). Es decir que el banco reemplaza a otro sujeto que originalmente era acreedor de la Administración. Ese también es el sentido de "to subrogate" en inglés:
SUBROGATE - If one person performs a duty of another, they are then "equitable subrogated" to the rights of the person owed the duty. The most common form of subrogation is when an insurance company pays a claim caused by the negligence of another.
The act of putting by a transfer, a person in the place of another, or a thing in the place of another thing. It is the substitution of a new for an old creditor, and the succession to his rights, which is called subrogation; transfusio unius creditoris in alium. It is precisely the reverse of delegation.
There are three kinds of subrogation: 1. That made by the owner of a thing of his own free will; example, when be voluntarily assigns it. 2. That which arises in consequence of the law, even without the consent of the owner; example, when a man pays a debt which could not be properly called his own, but which nevertheless it was his interest to pay, or which he might have been compelled to pay for another, the law subrogates him to all the rights of the creditor. 3. That which arises by the act of law joined to the act of the debtor; as, when the debtor borrows money expressly to pay off his debt, and with the intention of substituting the lender in the place of the old creditor.
http://www.lectlaw.com/def2/s084.htm
"Administración" podría traducirse de otra manera (además de "Agency") según de qué "administración" se trate. Para ello habría que ver el contexto. |
| Selected response from:
Jorgelina Millán
Local time: 03:55
| Grading comment Gracias! :)
4 KudoZ points were awarded for this answer |
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46 mins confidence: 
3 hrs confidence: the bank will then be subrogated to the credit againt the referred Agency
Explanation:
La entidad bancaria, al "quedar subrogada en el crédito", toma el lugar de acreedora frente a la Administración (deudora). Es decir que el banco reemplaza a otro sujeto que originalmente era acreedor de la Administración. Ese también es el sentido de "to subrogate" en inglés:
SUBROGATE - If one person performs a duty of another, they are then "equitable subrogated" to the rights of the person owed the duty. The most common form of subrogation is when an insurance company pays a claim caused by the negligence of another.
The act of putting by a transfer, a person in the place of another, or a thing in the place of another thing. It is the substitution of a new for an old creditor, and the succession to his rights, which is called subrogation; transfusio unius creditoris in alium. It is precisely the reverse of delegation.
There are three kinds of subrogation: 1. That made by the owner of a thing of his own free will; example, when be voluntarily assigns it. 2. That which arises in consequence of the law, even without the consent of the owner; example, when a man pays a debt which could not be properly called his own, but which nevertheless it was his interest to pay, or which he might have been compelled to pay for another, the law subrogates him to all the rights of the creditor. 3. That which arises by the act of law joined to the act of the debtor; as, when the debtor borrows money expressly to pay off his debt, and with the intention of substituting the lender in the place of the old creditor.
http://www.lectlaw.com/def2/s084.htm
"Administración" podría traducirse de otra manera (además de "Agency") según de qué "administración" se trate. Para ello habría que ver el contexto.
| Jorgelina Millán
Local time: 03:55
Works in field
Native speaker of:  Spanish
PRO pts in category: 19
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