Glossary entry

Spanish term or phrase:

activo

English translation:

asset

Added to glossary by Steven Huddleston
Dec 7, 2010 12:55
13 yrs ago
35 viewers *
Spanish term

activo

Spanish to English Bus/Financial Finance (general)
Hello,

I am translating a document regarding pension schemes and am struggling with the following:

Política de inversiones y de gestión de Fondos.
El activo de los diferentes patrimonios se invierte de acuerdo a criterios de seguridad, rentabilidad, diversificación y congruencia de plazos adecuados a sus finalidades.

I'm not sure how to translate 'El activo de los diferentes patrimonios' because 'activo' and 'patrimonio' are both 'assets'??

Thank you
Proposed translations (English)
4 +2 asset
5 +1 asset
Change log

Dec 21, 2010 04:59: Steven Huddleston Created KOG entry

Discussion

Steven Huddleston Dec 7, 2010:
It makes sense to me... “assets” are the (individual) items of which the (collective) "estate" is comprised.
philgoddard Dec 7, 2010:
I wonder if the question you should be asking is what "patrimonios" means. We all know that activos is assets, but I can think of two possibilities for "patrimonios".

One is that it's a tautology, and " el activo de los diferentes patrimonios" simply means "assets". The other possibility is that "patrimonios" means "funds", meaning that the pensions are invested in more than one fund - and it does talk about "fondos" in the previous sentence.

However, I don't feel that either of the answerers so far has really clarified the meaning of the whole sentence, and I don't think "estate" makes sense in this context.

Proposed translations

+2
7 mins
Selected

asset

Patrimonio here would be "estate"

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Note added at 2 hrs (2010-12-07 15:12:45 GMT)
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es·tate   /ɪˈsteɪt/ [ih-steyt]
noun, verb, -tat·ed, -tat·ing.
–noun
2. Law .
a. property or possessions.
b. the legal position or status of an owner, considered with respect to property owned in land or other things.
c. the degree or quantity of interest that a person has in land with respect to the nature of the right, its duration, or its relation to the rights of others.
d. interest, ownership, or property in land or other things.
e. the property of a deceased person, a bankrupt, etc., viewed as an aggregate.

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Note added at 2 hrs (2010-12-07 15:16:03 GMT)
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http://www.wordreference.com/definition/estate
http://en.wikipedia.org/wiki/Estate_(law)
http://en.wikipedia.org/wiki/Estate_(law)

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Note added at 2 hrs (2010-12-07 15:16:24 GMT)
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http://dictionary.reference.com/browse/estate


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Note added at 2 hrs (2010-12-07 15:16:39 GMT)
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Sorry for the double-wiki!
Example sentence:

the assets of the different estates

Peer comment(s):

agree Yvonne Gallagher
56 mins
Thank you, Gallagy2!
agree Neil Ashby
1 hr
Thank you, Dr Neil!
neutral philgoddard : What do you mean by "estates"? //I know what estate means, but it doesn't make sense in this context.
2 hrs
Good question! Please see the note I added./Really? The assets of an estate makes perfect sense to me: the (individual) items of which the (collective) estate is comprised.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
+1
8 mins

asset

Patrimonio is in the context should be translated "estate".Like:
"The asset(s) of the diferent estates..."

--------------------------------------------------
Note added at 11 mins (2010-12-07 13:07:17 GMT)
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"An estate is the net worth of a person at any point in time. It is the sum of a person's assets - legal rights, interests and entitlements to property of any kind - less all liabilities at that time. The issue is of special legal significance on a question of bankruptcy and death of the person. (See inheritance.)"

"Se considera patrimonio el conjunto de los bienes y derechos pertenecientes a una persona, física o jurídica. Históricamente la idea de patrimonio estaba ligada a la de Herencia. Así, por ejemplo, la RAE da como primera acepción del termino «Hacienda que alguien ha heredado de sus ascendientes».

"La palabra es también utilizada para referirse a la propiedad de un individuo, independientemente como sea que la haya adquirido.[1] Desde este punto de vista, el individuo puede ser ya sea una persona natural o jurídica. Así se habla de Patrimonio empresarial: El conjunto de bienes, derechos y obligaciones, pertenecientes a una empresa -como persona jurídica- y que constituyen los medios económicos y financieros a través de los cuales ésta puede cumplir sus objetivos."

Activo

"El activo comprende todos los bienes y derechos de un mismo propietario. Es la pertenencia al mismo sujeto de una serie de derechos. Bajo esta denominación se engloban los bienes y los derechos (tanto reales como de crédito)."
Peer comment(s):

agree Neil Ashby
1 hr
Thank you!
Something went wrong...
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