al descubierto

English translation: unsecured

14:39 Apr 27, 2018

Spanish to English translations [PRO]
Law/Patents - Law (general)

Spanish term or phrase: al descubierto

From the "Ley General de Sociedades de Ahorro y Crédito" of Puerto Rico.
http://www.presupuesto.gobierno.pr/PresupuestosAnteriores/af...

(g) Comprar y vender bonos, valores y otros comprobantes de deudas que no estén al descubierto del Gobierno del Estado Libre Asociado de Puerto Rico, Gobierno de los Estados Unidos de América, y de otros estados de los Estados Unidos, así como de sus agencias, corporaciones, instrumentalidades, autoridades y subdivisiones políticas.

Your suggestions are appreciated!

Richard Hill KudoZ activity Questions: 329 (7 open) (5 without valid answers) (25 closed without grading) Answers: 1301 Mexico
Local time: 10:07

English translation:unsecured

Explanation:
https://www.investopedia.com/terms/u/unsecureddebt.asp

Selected response from:

Francois Boye
United States
Local time: 11:07

Grading comment

4 KudoZ points were awarded for this answer

Summary of answers provided

unsecured

Francois Boye

Discussion entries: 4

Answers

1 hr confidence:

unsecured

Explanation:
https://www.investopedia.com/terms/u/unsecureddebt.asp

Francois Boye
United States
Local time: 11:07
Native speaker of:

French
PRO pts in category: 167

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