Glossary entry (derived from question below)
Spanish term or phrase:
disposición y cobro de las participaciones
English translation:
disposal and receipt of equity participations
Added to glossary by
Katarzyna Müller
Jan 7, 2016 20:09
8 yrs ago
1 viewer *
Spanish term
Spain
IT, fashion & marketing
Native in: Polish 
Works in: Polish to English, English to Polish, Polish to Spanish, and 6 more.
disposición y cobro de las participaciones
Spanish to English
Law/Patents
Law: Contract(s)
This is the title of a JV agreement section. The section is short and only describes the transfers, liens and collaterals that must not be made.
My proposal is "disposal and payout of shares", but I am unsure about payout as there is no mention of it. Could "cobro" mean something different here?
My proposal is "disposal and payout of shares", but I am unsure about payout as there is no mention of it. Could "cobro" mean something different here?
Proposed translations
(English)
| 3 +1 | disposal and receipt of equity interests |
Robert Carter
|
Proposed translations
+1
2 hrs
Robert Carter
Mexico
Mexico
Native in English
Specializes in field
Mexico
Translating full-time since 1998
Native in: English (Variant: British)
Works in: Spanish to English
Related KudoZ points
:
566
Selected
disposal and receipt of equity interests
Without the benefit of further context, I'm assuming this section refers to how the JV will receive and dispose of capital and monies contributed to it (i.e., with no charges or encumbrances levied against the contributions made).
I'm using the word "equity" here to differentiate it from "shares", in the sense that it means the contributions to and stakes in the JV, rather than any formal shares of stock the JV might issue.
participación social: equity, equity interests (Becerra, 1999).
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Note added at 18 hrs (2016-01-08 14:26:59 GMT)
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In that case, perhaps you could just use "shares" or "values of shares" since the text appears to be referring to receiving and disposing of the value of these shares, not the shares themselves, but I can't quite tell to be honest. I'd really like more context, i.e. the text of the article to which this heading belongs.
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Note added at 18 hrs (2016-01-08 14:58:18 GMT)
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I really should withdraw my answer as I don't think it applies to your text. I'll post a couple of references that might help you decide how you want to tackle this. Perhaps you could continue posting in the discussion section. By the way, which country is this text from?
I'm using the word "equity" here to differentiate it from "shares", in the sense that it means the contributions to and stakes in the JV, rather than any formal shares of stock the JV might issue.
participación social: equity, equity interests (Becerra, 1999).
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Note added at 18 hrs (2016-01-08 14:26:59 GMT)
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In that case, perhaps you could just use "shares" or "values of shares" since the text appears to be referring to receiving and disposing of the value of these shares, not the shares themselves, but I can't quite tell to be honest. I'd really like more context, i.e. the text of the article to which this heading belongs.
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Note added at 18 hrs (2016-01-08 14:58:18 GMT)
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I really should withdraw my answer as I don't think it applies to your text. I'll post a couple of references that might help you decide how you want to tackle this. Perhaps you could continue posting in the discussion section. By the way, which country is this text from?
Note from asker:
| Thank you for your valuable input. In another part of the agreement they mention that the equity interests were issued in two series, A and B, numbered 1 to x. At first I was translating participaciones sociales as equity interests, but then I thought to use "equity shares" instead to go with the series. What's your opinion? |
| In general there is a lot of talk about rules for the transfer of Participaciones in the text, preferential subscription rights and so on. It all indicates the word "share" would be more appropriate. I am copying the section here: Ninguno de los Socios constituirá o permitirá la constitución de prenda, gravamen o carga alguna, ni concederá opciones o derechos de naturaleza análoga (exceptuando los casos en los que se realice una transmisión de conformidad con las disposiciones de este Contrato). |
| So eventually I chose to use "equity participations" (it is SL company) based on "Spain Company Laws and Regulations Handbook" and "Diccionario económico-financiero-actuarial de Villalón/Barbeito". Thank you for your help. |
Peer comment(s):
| agree |
Adrian MM. (X)
: equity interests or stakes, in the absence of any info. on the partnership 'contributions' vs. unincorporated assoc. vs. corporate nature of the Joint Venture entities or the form of the JV itself//Not really. This is about receiving of share transfers.
17 hrs
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Thanks, Adrian. Do you think "receipts" works here? I was leaning towards "claims" myself.
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4 KudoZ points awarded for this answer.
Comment: "Thanks!"
Discussion