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contingentes

English translation: contingency funds

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10:20 Jul 17, 2000
Spanish to English translations [PRO]
Bus/Financial
Spanish term or phrase: contingentes
Letter from bank in Ecuador lists several terms (activos, depositos del publico, total depositos), then "contingentes" (list ends with "patrimonio"). Gives dollar figure and share of market for each. Is it possibly "reserves"? Help appreciated.
Phillip Berryman
Local time: 16:28
English translation:contingency funds
Explanation:
or "contingency reserves" is the term I've seen most often in U.S. balance sheets. -- HTH, HC
Selected response from:

Heathcliff
United States
Local time: 13:28
Grading comment
Thanks. No dictionaries or Eurodicautom had any help. In the end I went with "contingency funds" (provisionally, I had been using "contgingent funds" but without much conviction. Thanks.
2 KudoZ points were awarded for this answer

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Summary of answers provided
naassets...depositors' funds/private deposits*...total deposits..xxxLia Fail
na(IMPORT) QUOTA
Haydee
naContingency funds
Blanca Amoroso
nacontingency fundsHeathcliff
nacontingenciesJoan Wallace
naquotas
Tania Kerrigan


  

Answers


21 mins
quotas


Explanation:
contingentes are "quotas" - quantities of goods subject to import, export - taken from the Guillermo Cabanellas de las Cuevas - Diccionario Jurídico

good luck!!

Tania Kerrigan
Colombia
Local time: 16:28
Native speaker of: Native in SpanishSpanish, Native in EnglishEnglish
PRO pts in pair: 7
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25 mins
contingencies


Explanation:
From Barron's "business keys" series "Keys to Reading an Annual Report": Contingency: situation wehre a company stands to gain or lose because of a past transaction or event. The amount of gain or loss will be determined by a later transaction or event. Thus [for example]a lawsuit creates a continecy; the amount of gain or loss is dependent on a later event, the judgment.
Hope this helps.

Joan Wallace
PRO pts in pair: 59
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1 hr
contingency funds


Explanation:
or "contingency reserves" is the term I've seen most often in U.S. balance sheets. -- HTH, HC

Heathcliff
United States
Local time: 13:28
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 843
Grading comment
Thanks. No dictionaries or Eurodicautom had any help. In the end I went with "contingency funds" (provisionally, I had been using "contgingent funds" but without much conviction. Thanks.
Login to enter a peer comment (or grade)

1 hr
Contingency funds


Explanation:
Although I found the following, I think in this particular context it means "contingency funds". However, to be sure of your context, please read the following, to see if it helps.

CONTINGENTE: QUOTA.

Source: Lozano Irueste, Dic. de Economía y Empresa.

QUOTA: A limit on the import or export of a particular product imposed by a government and usually controlled by the issue of licences.
Source: Dic. of Business. OXFORD.

Another definition, "cantidad máxima de una mercancía que se permite importar o exportar en el mercado nacional".

Source: Dic. Commercial. Académie des sciences commerciales.


Blanca Amoroso
Local time: 17:28
Native speaker of: Native in SpanishSpanish
PRO pts in pair: 23
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2 hrs
assets...depositors' funds/private deposits*...total deposits..


Explanation:
* del público would mean private in the sense of 'not company'
In Co. Balance Sheets there is frequently an item called Contingency Funds which is really a provision for some possible major payout (whether real -e.g. a pending lawsuit- or simply a question of being prepared, of this I'm not sure). Patrimonio is best translated as Net Worth. Hope this is what you want.

xxxLia Fail
Spain
Local time: 22:28
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 1368
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3 hrs
(IMPORT) QUOTA


Explanation:
According to Collins dictionary, the translation shoud be "QUOTA" and if it refers to import of merchandise "IMPORT QUOTA"

Haydee
Local time: 16:28
Native speaker of: Native in SpanishSpanish
PRO pts in pair: 14
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