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ventura (riesgo y ventura)

English translation: risk (and "misma")

02:42 Aug 15, 2001
Spanish to English translations [PRO]
Law/Patents
Spanish term or phrase: ventura (riesgo y ventura)
La MERCANTIL, a través de la compañía aseguradora, asumirá el riesgo y ventura de las operaciones que hayan sido aceptadas por la misma(?), debiendo responder el AGENTE de aquellas operaciones que no hayan sido explícitamente aceptadas por ella(?).

MY DRAFT
THE TRADING COMPANY, via its insurance company, will assume the risk and ventura/liability(???) of the operations that have been accepted by ?, and THE AGENT shall be responsible for those operations that have not been explicitly accepted by ?

I have not been able to locate VENTURA for this context in any standard, legal or business dictionary, altho in Google it appears many times in the term 'riesgo y ventura' , so maybe there's a standard expression. I though maybe 'risk and liability'?

I need also to have someone confirm that the 'misma' and 'ella' refer to the insurance comapny and not the trading company.
Lia Fail (X)
Spain
Local time: 04:38
English translation:risk (and "misma")
Explanation:


I also go for "risk".

"misma" and "ella" DO NOT complement the insurance company. Three reasons:

1. The fragment ",a través de la compañía aseguradora," is written between commas, i.e it is a parenthetical comment that could be taken away and therefore, all information written afterwards refers to the trading company.

2. "La MERCANTIL" is subject of the sentence.

3. If "misma" modifies the insurance company, that would mean that "La MERCANTIL asumirá el riesgo y ventura de las operaciones que hayan sido aceptadas por la compañía aseguradora". And now I wonder how can an insurance company accept operations and why the heck should be the trading company responsible for that!


Think about it!

Saludos,


Ignacio Hermo
Selected response from:

Del01 (X)
Local time: 04:38
Grading comment
A good explanation again, I'm persuaded but not conviced, esp. as another contributor claims the exact opposite. I will think about, and think whetehr I should offer two alternatives to client, given the criticality of the clause.
3 KudoZ points were awarded for this answer



Summary of answers provided
na +1just "risk"
tazdog (X)
na +1risk (and "misma")
Del01 (X)
narisk and expense
Parrot


  

Answers


25 mins peer agreement (net): +1
just "risk"


Explanation:
It does appear to be a standard expression, and EuroDicAutom uses just plain "risk" (or "responsibility", depending on context). Several of my dictionaries list "risk" for ventura, so that's probably why.

Spanish Term por cuenta y riesgo del destinatario;
a riesgo y ventura del destinatario
Reference Léx.General de Términos Ferroviarios,UIC,4ª ed.,París,1988,editado en Suiza por GASSER AG,Chur
English Term at consignee's risk

I would interpret MISMA as the insurance company.

For what it's worth....


    Reference: http://eurodic.ip.lu:8086//cgi-bin/edicbin/expert.pl#1
tazdog (X)
Spain
Local time: 04:38
Native speaker of: English
PRO pts in pair: 5410

Peer comments on this answer (and responses from the answerer)
agree  Del01 (X)
3 hrs
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1 hr
risk and expense


Explanation:
is a lexicalized translation of this phrase. In practice, both really boil down to expense.

Parrot
Spain
Local time: 04:38
Native speaker of: English
PRO pts in pair: 7645
Login to enter a peer comment (or grade)

3 hrs peer agreement (net): +1
risk (and "misma")


Explanation:


I also go for "risk".

"misma" and "ella" DO NOT complement the insurance company. Three reasons:

1. The fragment ",a través de la compañía aseguradora," is written between commas, i.e it is a parenthetical comment that could be taken away and therefore, all information written afterwards refers to the trading company.

2. "La MERCANTIL" is subject of the sentence.

3. If "misma" modifies the insurance company, that would mean that "La MERCANTIL asumirá el riesgo y ventura de las operaciones que hayan sido aceptadas por la compañía aseguradora". And now I wonder how can an insurance company accept operations and why the heck should be the trading company responsible for that!


Think about it!

Saludos,


Ignacio Hermo

Del01 (X)
Local time: 04:38
Native speaker of: Native in SpanishSpanish
PRO pts in pair: 41
Grading comment
A good explanation again, I'm persuaded but not conviced, esp. as another contributor claims the exact opposite. I will think about, and think whetehr I should offer two alternatives to client, given the criticality of the clause.

Peer comments on this answer (and responses from the answerer)
agree  Nikki Graham
536 days
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