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COMPENSACIÓN DE CAPITALES

English translation: Offsetting of capital

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:COMPENSACIÓN DE CAPITALES
English translation:Offsetting of capital
Entered by: Edward Tully
Options:
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- Include in personal glossary

09:59 Jul 8, 2008
Spanish to English translations [PRO]
Bus/Financial - Insurance
Spanish term or phrase: COMPENSACIÓN DE CAPITALES
Hello,
I've pretty much asked this question before, but I'm just not sure of the answer. The explanation is: Se acuerda y conviene que si en el momento del siniestro existiese un exceso de capital asegurado en una o varias partidas de la póliza, exceptuando las existencias, tal exceso podrá aplicarse a otras partidas que resulten insuficientemente aseguradas.
I understand the meaning, but I can't seem to find a good term in English. Any ideas? Thanks in advance.
AFerroni
Spain
Local time: 20:28
Offsetting of capital
Explanation:
1 option!
Selected response from:

Edward Tully
Local time: 20:28
Grading comment
Thank you for your suggestion, although I'm still not sure it's the answer I'm looking for. None of the references I've found refer to insurance.
2 KudoZ points were awarded for this answer

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Summary of answers provided
4 +6Offsetting of capital
Edward Tully


  

Answers


35 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +6
Offsetting of capital


Explanation:
1 option!

Edward Tully
Local time: 20:28
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 193
Grading comment
Thank you for your suggestion, although I'm still not sure it's the answer I'm looking for. None of the references I've found refer to insurance.

Peer comments on this answer (and responses from the answerer)
agree  MikeGarcia: Or of principal...OhmyGod, you ARE quick!!!!// You are a naughty and racy one...congrats for your good humour....
2 mins
  -> that's what she...thank you Miguel! ;-)

agree  Chris Lancaster
3 mins
  -> thank you Christopher! ;-)

agree  Steven Huddleston
51 mins
  -> thank you Steven! ;-)

agree  Robert Mota
2 hrs
  -> thank you Robert! ;-)

agree  Carol Chaparro
3 hrs
  -> thank you Carol! ;-)

agree  Egmont
4 hrs
  -> thank you! ;-)
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Changes made by editors
Jul 13, 2008 - Changes made by Edward Tully:
Created KOG entryKudoZ term » KOG term


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