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Glossary entry

English term or phrase:

mortgage boot

Spanish translation:

complemento hipotecario

Added to glossary by Fernando Tognis
Apr 8, 2006 18:38
20 yrs ago
1 viewer *
English term

mortgage boot

English to Spanish Bus/Financial Law: Taxation & Customs vocabulary
contexto:
Security deposits are cash boot if held in a separate account by the landlord and are mortgage boot if not required to be segregated.

Proposed translations

6 hrs
Selected

añadidura/ñapa

not sure...some ideas

Boot - Cash or other property added to an exchange or transaction in order to make the value of traded goods equal.

añadidura.
1. f. Cosa que se añade a otra, y especialmente lo que el vendedor da más del justo peso, o el pedazo pequeño que añade para completarlo.
(rae.es)

ñapa - Robb- Diccionario de Negocios Modernos



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Note added at 6 hrs (2006-04-09 00:47:04 GMT)
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Of course, in the real world, few transactions are equal, and one is taxed on the advantage given (if any) by the cash or mortgage boot.
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4 KudoZ points awarded for this answer. Comment: "gracias :)"
1 hr

cobro adicional en metálico de la hipoteca

"Boot: cobro en metálico, boot money: comisión adicional..."

Alcaraz Varó/Hughes, Dictionary of Economic, Financial and Commercial Terms, Barcelona, 2002.-

HIH.
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