Empresas propósito

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17:02 Oct 23, 2013
Spanish to English translations [PRO]
Bus/Financial - Energy / Power Generation / Business
Spanish term or phrase: Empresas propósito
las empresas propósito se necesitan para llevar a cabo un proyecto.
Vickycita
United States


Summary of answers provided
3 +1Special purpose entity
Denise Phelps
3Specialised companies
Edward Tully
1strategic partners
JoLuGo


Discussion entries: 3





  

Answers


32 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Specialised companies


Explanation:
I'm not sure, but this may be connected to the "propósito" (corporate purpose) of a company, i.e. what they specialise in.

Edward Tully
Local time: 04:23
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 104
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16 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
Special purpose entity


Explanation:
These are created and used to protect companies from the financial risks involved in projects: "Normally a company will transfer assets to the SPE...to finance a large project thereby achieving a narrow set of goals without putting the entire firm at risk."

Also known as "special purpose vehicle" or "special purpose company"

Investopedia explains 'Special Purpose Vehicle/Entity - SPV/SPE':
Thanks to Enron, SPVs/SPEs are household words. These entities aren't all bad though. They were originally (and still are) used to isolate financial risk.

A corporation can use such a vehicle to finance a large project without putting the entire firm at risk. Problem is, due to accounting loopholes, these vehicles became a way for CFOs to hide debt. Essentially, it looks like the company doesn't have a liability when they really do. As we saw with the Enron bankruptcy, if things go wrong, the results can be devastating.

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Note added at 4 days (2013-10-28 16:20:57 GMT)
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Glad to be of help ;-)


    Reference: http://en.wikipedia.org/wiki/Special_purpose_entity
    Reference: http://www.investopedia.com/terms/s/spv.asp
Denise Phelps
Local time: 04:23
Native speaker of: Native in EnglishEnglish
Notes to answerer
Asker: Thank you do much. This us just what I needed.


Peer comments on this answer (and responses from the answerer)
agree  JoLuGo
518 days
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505 days   confidence: Answerer confidence 1/5Answerer confidence 1/5
strategic partners


Explanation:
-

JoLuGo
Local time: 19:23
Works in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 91
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