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(purchase money) security interest

Spanish translation: }Basically, this is a "garantía prendaria", a guarantee that uses as collateral movable property

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08:17 Jun 12, 2000
English to Spanish translations [PRO]
Law/Patents
English term or phrase: (purchase money) security interest
This is from a credit card contract:
Each accountholder grants us a purchase money security interest under the Uniform Com. Code in each item of merchandise purchase on the Account... to secure only the purchase price of the merchandise until that amount is paid in full. If you do not make payments as agreed, this secuiry interest allows us to repossess...the merchandise which has not been paid in full. ..We waive any right to a security interest or lien on your dwelling...
david howard
Spanish translation:}Basically, this is a "garantía prendaria", a guarantee that uses as collateral movable property
Explanation:
Cada cuentahabiente/titular de la cuenta otorga una garantía prendaria de conformidad con las disposiciones del Código de Comercio Uniforme sobre cada artículo adquirido a través/mediante la cuenta...

Suerte!
Selected response from:

Alexandro Padres Jimenez
Local time: 02:49
Grading comment
¡Mil gracias! Excelente respuesta. Saludos, David
4 KudoZ points were awarded for this answer

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Summary of answers provided
na +1interés de garantía (sobre el precio de compra)
Gonzalo Tutusaus
naDerecho de vender un unmueble para satisfacer una deuda.milonguera
na}Basically, this is a "garantía prendaria", a guarantee that uses as collateral movable property
Alexandro Padres Jimenez
naTerm most used in Colombia is:
Luz Bordenkircher


  

Answers


17 mins
Term most used in Colombia is:


Explanation:
"interés prendario"


Good Luck!

Luz Bordenkircher
Local time: 02:49
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in pair: 208
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51 mins peer agreement (net): +1
interés de garantía (sobre el precio de compra)


Explanation:
I think this is the term you are looking for. In the site below I found the following: "un interés de garantía sobre un número suficiente de bienes propiedad del comprador para asegurar el reembolso al vendedor", which I think comes pretty close to your case. I suggest you check the context in order to make sure that this is the right translation. Regards.


    Reference: http://www.uc3m.es/uc3m/dpto/PR/dppr03/cisg/7.html
Gonzalo Tutusaus
Netherlands
Local time: 08:49
Native speaker of: Native in SpanishSpanish
PRO pts in pair: 2176

Peer comments on this answer (and responses from the answerer)
agree  Daltry Gárate
5106 days
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1 hr
}Basically, this is a "garantía prendaria", a guarantee that uses as collateral movable property


Explanation:
Cada cuentahabiente/titular de la cuenta otorga una garantía prendaria de conformidad con las disposiciones del Código de Comercio Uniforme sobre cada artículo adquirido a través/mediante la cuenta...

Suerte!


Alexandro Padres Jimenez
Local time: 02:49
PRO pts in pair: 208
Grading comment
¡Mil gracias! Excelente respuesta. Saludos, David
Login to enter a peer comment (or grade)

4 hrs
Derecho de vender un unmueble para satisfacer una deuda.


Explanation:
This translation comes from:

Wiley's Eng-Span, Span-Eng Business Dictionay. Author: Steven M. Kaplan.

It is a longer translation, but one that clarifies the legal meaning.

milonguera
United States
Local time: 23:49
PRO pts in pair: 3
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