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El patrimonio vinculado en su garantía

English translation: ..... assets included in its guarantee

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:El patrimonio vinculado en su garantía
English translation:..... assets included in its guarantee
Entered by: Jack Fleming
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18:36 Feb 4, 2012
Spanish to English translations [PRO]
Law/Patents - Law (general) / Deed Recording Establishment of Company
Spanish term or phrase: El patrimonio vinculado en su garantía
After stating the quantities of share capital contributed by partners in the establishment of the company, the document goes on to state the following:

Este capital social y el PATRIMONIO VINCULADO EN SU GARANTÍA será el único responsable de las deudas y obligaciones contraidas en nombre de la Sociedad por persona legalmente autorizada para usar de su firma social.

Any ideas?
Jack Fleming
Local time: 06:25
..... assets included in its guarantee
Explanation:
the guarantee of the capital equity
Selected response from:

Rosa Paredes
Canada
Local time: 21:25
Grading comment
Thanks Rosa!
4 KudoZ points were awarded for this answer



Summary of answers provided
4..... assets included in its guarantee
Rosa Paredes
Summary of reference entries provided
references onlyliz askew

Discussion entries: 1





  

Answers


2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
..... assets included in its guarantee


Explanation:
the guarantee of the capital equity

Rosa Paredes
Canada
Local time: 21:25
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 229
Grading comment
Thanks Rosa!
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Reference comments


1 hr
Reference: references only

Reference information:
patrimonion = assets/estate

capital social = capital stock/equity

capital social > capital stock; capital - ProZ.com
www.proz.com › KudoZ home › Spanish to English › Bus/Financial
15 Jul 2003 – ProZ.com global directory of translation services .... It is a financial statement, and "capital social" appears under the breakdown (desglose) of ...
• Patrimonio English Spanish Translation | Traductor ingles español
www.spanishdict.com/translate/patrimonio
el patrimonio de la empresa asciende a mil millones de dólares -> the company has net assets of one billion dollars; patrimonio personal -> personal estate ...
this capital equity and the capital assets related to the guarantee of this equity
http://www.thefreedictionary.com/Capital Stock
capital stock is distinguishable from the property and assets of the corporation. The property of a corporation fluctuates and may be greater or less than the original capital invested, but the capital stock remains intact and unaffected by the vicissitudes of business.
Undivided profits, or surplus, are not part of the capital stock, although they are included in the general capital or assets of the corporation.
The capital stock of a corporation serves only corporate purposes. It functions as security for the creditors of the corporation who have relied on its existence, since it cannot be diverted or withdrawn to the detriment of corporate creditors. Capital stock is sometimes regarded as a trust fund.


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Note added at 1 hr (2012-02-04 19:39:10 GMT)
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Principio de garantía del capital social
members.fortunecity.es/fervar/fvs.doc - Translate this page
File Format: Microsoft Word - Quick View
Principio de garantía del capital social. El capital social se constituye como una garantía de los acreedores de la sociedad que aseguren la existencia ...

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Note added at 1 hr (2012-02-04 19:41:30 GMT)
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Popular law-making: a study of the origin, history, and present ... - Google Books Result
books.google.com/books?isbn=1584770945...Frederic Jesup Stimson - 1910 - Law - 390 pages
Under the old theory the capital stock of a corporation was, in the law, considered to be a guarantee fund for the payment of creditors, as well as affording a ...

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Note added at 1 hr (2012-02-04 19:44:32 GMT)
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Clear Channel Communications, Inc. Announces Closing Of Priority ...
www.clearchannel.com/Corporate/PressRelease.aspx?PressRelea...
23 Feb 2011 – The Notes and the related guarantees are secured by (1) a lien on (a) the capital stock of CCU and (b) certain property and related assets that ...

liz askew
United Kingdom
Native speaker of: Native in EnglishEnglish
PRO pts in category: 223
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