Glossary entry (derived from question below)
Spanish term or phrase:
vehículo abierto por el activo y por el pasivo
English translation:
open vehicle regarding assets and liabilities
Added to glossary by
David Hasting
Feb 4, 2006 18:21
18 yrs ago
2 viewers *
Spanish term
Spain
Reliable and professional
Native in: English
Works in: Spanish to English, English to Spanish
vehículo abierto por el activo y por el pasivo
Spanish to English
Bus/Financial
Finance (general)
Securitisation Fund Prospectus
Description of a Securitisation Fund:
"El Fondo se establece como un **vehículo abierto por el activo y por el pasivo**"
"El Fondo constituirá un patrimonio separado, carente de personalidad jurídica, **que tiene carácter de abierto en el activo y en el pasivo**".
I guess it means that the Fund is not limited in terms of its assets and liabilities - is there a better way of putting it?
"El Fondo se establece como un **vehículo abierto por el activo y por el pasivo**"
"El Fondo constituirá un patrimonio separado, carente de personalidad jurídica, **que tiene carácter de abierto en el activo y en el pasivo**".
I guess it means that the Fund is not limited in terms of its assets and liabilities - is there a better way of putting it?
Proposed translations
4 hrs
Jaime Russell
United States
United States
Native in Spanish
&
English
Specializes in field
United States
Detail-oriented, emphasis on good flow
Native in: English 
, Spanish
Works in: English to Spanish, Spanish to English
Related KudoZ points
:
4
Spanish term (edited):
veh�culo abierto por el activo y por el pasivo
Selected
open vehicle regarding assets and liabilities
This is just a guess, but it sound to me like they are explaining that the Fund doesn't act like a normal "company" where you have to have assets, liabilities and net worth. Seems like it just moves around with assets and liabilites, being that it isn't established via social contract. Maybe?
Do you have more context?
Do you have more context?
4 KudoZ points awarded for this answer.
Comment: "Although I'm still not 100% sure your answer sounds most convincing. Thanks"
18 mins
Pasquale Capo
Canada
Canada
Native in English
Works in field
Canada
Professionalism, accuracy and expertise
Native in: Italian (Variants: Abruzzese, Calabrian (Calabrese), Sicilian, Molisano) , English
Works in: English to Italian, Italian to English
Related KudoZ points
:
3
Spanish term (edited):
veh�culo abierto por el activo y por el pasivo
vehicle open to assets and liabilities
Hopefully it helps...PC
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Note added at 19 mins (2006-02-04 18:40:59 GMT)
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Sorry David, I saw your footnote after I made the suggestion..
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Note added at 19 mins (2006-02-04 18:40:59 GMT)
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Sorry David, I saw your footnote after I made the suggestion..
4 hrs
Xenia Wong
Native in Spanish
&
English
Specializes in field
Excellence-promptness-guarantee-20 yrs.
Native in: Spanish , English
Works in: English to Spanish, Spanish to English
Related KudoZ points
:
286
Spanish term (edited):
veh�culo abierto por el activo y por el pasivo
the fund is established as a medium open thru its assets and thru its liabilities..
Me parece según contexto.
Discussion