Glossary entry

Spanish term or phrase:

liberalidad

English translation:

gift

Added to glossary by MJ Barber
Nov 6, 2001 06:48
22 yrs ago
35 viewers *
Spanish term

liberalidad

Spanish to English Bus/Financial
A company makes references to verbal consultancy agreements with the partners of its group companies, for which there is no documentation, for tax deduction purposes.

Now:... Por ello, entendemos que nos encontramos bien ante una *liberalidad* o ante una retribución de fondos propios, supuestos de gastos que de conformidad con lo recogido en el artículo 14 de la LIS no son deducibles
Proposed translations (English)
5 +1 a gift
4 +2 liberality
5 +1 exemption
4 -1 Freedom

Proposed translations

+1
1 hr
Selected

a gift

Esta es la definición aplicable en español:

liberalidad:
3 DER. Disposición de bienes a favor de alguien sin ninguna prestación suya.

and this is what a gift is:
gift (gft)
n.
Something that is bestowed voluntarily and without compensation.

As you can see they are the same thing.

Saludos...
Peer comment(s):

agree Stuart Allsop
3549 days
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "this sounds right. thanks."
+2
11 mins

liberality

Why not as easy as that?

Other options could be 'an act of generosity' or 'munificence'
Reference:

Simon & Schuster's

Peer comment(s):

agree pzulaica
3 mins
agree David Meléndez Tormen
41 mins
Something went wrong...
-1
11 mins

Freedom

Freedom
Peer comment(s):

disagree Abel Badillo : We are talking about "vast generosity"
10 mins
we can also use -to free-to exempt
Something went wrong...
+1
53 mins

exemption

The author means to say ' exemption'.
best of luck.
Peer comment(s):

agree Maria Rye : exempt-free-release-
7 mins
Something went wrong...
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