held in trust or in commission

09:49 Nov 10, 2016
English to Portuguese translations [PRO]
Bus/Financial - Insurance
English term or phrase: held in trust or in commission
Hi all,

Could someone help me understand this expression?
The document relates to insurance, and says:

All goods and/or merchandise and/or interests of the property of the insured and/or held in trust and/or commission, consisting of [xxx].

I would go for "detidos de forma fiduciaria", but I don't find anything for commission in this context.
Do you know what it means? any suggestion?

AA freelance
Local time: 12:35

Summary of answers provided
4 +1Cláusula de confiança e comissão
María Leonor Acevedo-Miranda



1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Cláusula de confiança e comissão

trust and commission clause

A clause found in some property insurance policies, which allows an individual to purchase insurance for his or her share of another's property.

María Leonor Acevedo-Miranda
Local time: 06:35
Native speaker of: Native in PortuguesePortuguese, Native in SpanishSpanish
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  Joana Neves
8 mins
  -> Muito obrigada pelo seu feedback, Joana
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