fideicomiso de recaudación

01:07 Apr 17, 2019
Spanish to English translations [PRO]
Bus/Financial - Finance (general)
Spanish term or phrase: fideicomiso de recaudación
In a road construction tender document, as part of a list of potential breaches.
Jeff Steffin
Local time: 03:51


Summary of answers provided
4public contractors' fiduciary surety bond (in the form of a classical trust and to cover breaches)
Adrian MM.
3collection trust
David Hollywood


Discussion entries: 1





  

Answers


2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
collection trust


Explanation:
without more context maybe...

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Note added at 2 hrs (2019-04-17 03:42:08 GMT)
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would be helpful if you could post more context...

David Hollywood
Local time: 07:51
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 762

Peer comments on this answer (and responses from the answerer)
neutral  AllegroTrans: as a breach of contarct?
7 hrs
  -> I agree AT and a tricky 1
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13 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
public contractors' fiduciary surety bond (in the form of a classical trust and to cover breaches)


Explanation:
It would be odd to include the word of 'trust' in this public works context, so 'fiduciary' might do the trick.

We have to wonder whether the repair contractors of Notre Dame Cathedral in Paris had set up an equivalent pre-contract.

'Fideicomiso de Recaudación: Es el fideicomiso construido por la compañía, en calidad de fideicomitente, a fin de garantizar el adecuado y oportuno cumplimiento de las obligaciones que asuma como consecuencia de los procesos de promoción de la inversión privada, otorgados o por otorgar, dentro de su ámbito de prestación de servicios bajo la modalidad de concesión, conforme a lo establecido en el Contrato de Concesión.'

Example sentence(s):
  • The purpose of a fiduciary surety bond is to protect anyone who might have an interest in an estate or property from any loss that is caused by unacceptable acts of the fiduciary.

    Reference: http://forum.wordreference.com/threads/fideicomiso-de-recaud...
Adrian MM.
United Kingdom
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24

Peer comments on this answer (and responses from the answerer)
neutral  AllegroTrans: Asker says it's in a list of potential breaches so the bond cannot be a breach; he needs to give us better context
1 hr
  -> It may be either 1. failure to set up such a 'trust' 2. the trust itself is meant to cover the contractors' breaches 3. the trust itself is in breach of something. 4 sthg. else.
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