| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | | Spanish term or phrase: | anticresis | | English translation: | Welsh mortgage | | Entered by: | Tom Thumb |
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Spanish to English translations [PRO]
Bus/Financial - Law (general) / bylaws | | Spanish term or phrase: anticresis | facultades del directorio: ...constituir, aceptar, transferir y extinguir prendas, cauciones, anticresis...
Necesito ayuda con la frase! Gracias desde ya |
| | | Welsh mortgage | Explanation:
I'm afraid the Roman law antichresis in the KudoZ glossaries is completely unintelligible to Eng.-speaking/Common Lawyers - I've tried it on many: 'What?' is the constant reply, even from Anglo-Am. lawyers in Latin countries.
Note the parties to a Welsh mortgage should be mortgagor/borrower and mortgagee/lender rather than a Welsh mortgagor/ee that shifts the focus to the nationality rather than to this arrangement that an insolvency lawyer-linguist also described to me as a kind of receivership.
'Welsh mortgage (O. Eng. Law), a species of mortgage, being
a conveyance of an estate, redeemable at any time on
payment of the principal, with an understanding that the
profits in the mean time shall be received by the
mortgagee without account, in satisfaction of interest.
--Burrill.'
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| Selected response from:
Tom Thumb
Austria
Local time: 08:18
| Grading comment gracias a los dos. le doy los ptos a Tom por su explicación
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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4 mins confidence:  peer agreement (net): +3 | antichresis
Explanation:
http://www.proz.com/kudoz/809319
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Note added at 5 mins (2005-12-21 18:47:29 GMT)
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antichresis: enjoyment of mortgaged property in lieu of interest payments
http://www.chriswajda.com/wordlist5.html
| Ana Brassara
Argentina
Local time: 04:18
Meets criteria
Specializes in field
Native speaker of:  Spanish
PRO pts in category: 349
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