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15:14 Jul 6, 2007 |
Spanish to English translations [PRO] Bus/Financial - Insurance / method of collecting Insurer\'s fees | |||||
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| Selected response from: MikeGarcia Spain Local time: 09:50 | ||||
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Summary of answers provided | ||||
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4 | (expenses) daily deducted/withheld in amount of holdings/shares |
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Discussion entries: 1 | |
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(expenses) daily deducted/withheld in amount of holdings/shares Explanation: As per the context. "Detraído" means "removed, separated, taken away", so we are obviously talking of collecting the management expenses from the total amount represented by the holdings/shares; at the end of the day, total holdings amount to money, so it's just a question of gross versus net value. |
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