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Such shares are not affected by, pledges, reductions, mortgages and/or antichres

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07:04 Sep 14, 2000
English to Spanish translations [PRO]
Law/Patents
English term or phrase: Such shares are not affected by, pledges, reductions, mortgages and/or antichres
I would like to know the meaning of "reductions". It appears in a Stock Purchase Agreement.
Cecilia
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Summary of answers provided
naDichas acciones no están afectadas por pignoraciones, reducciones de capital social, hipotecas y antxxxTransOl
na"Cauciones"?
Sebastian Lopez
naDichas acciones no son afectadas por cauciones, reducciones,hipotecas y/o anticresisDaphne Corral


  

Answers


1 hr
Dichas acciones no son afectadas por cauciones, reducciones,hipotecas y/o anticresis


Explanation:
reductions: the act of a limited company in reducing its capital (stocks). This has to be allowed by the Articles and approved by a special resolution of the shareholders.


    Dictionary of Business English by Adam
Daphne Corral
Local time: 04:35
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in pair: 158

Peer comments on this answer (and responses from the answerer)
mjnmc
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2 hrs
"Cauciones"?


Explanation:
Agree with Daphne's answer, but isn't "pignoración" the translation of "pledging"?

Sebastian Lopez
Local time: 08:35
Native speaker of: Native in SpanishSpanish
PRO pts in pair: 992
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24 days
Dichas acciones no están afectadas por pignoraciones, reducciones de capital social, hipotecas y ant


Explanation:
La explicación de Daphne es correcta salvo que hablando de acciones o participaciones un "pledge" es una pignoración o cambio del valor total de un crédito por su contravalor en acciones. Y la reducción debe decirse de capital social, aunque se puede sobreentender

xxxTransOl
PRO pts in pair: 504
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