Glossary entry

Spanish term or phrase:

efecto patrimonial

English translation:

equity effect/effect in its equity

Added to glossary by MikeGarcia
Dec 19, 2007 16:12
16 yrs ago
12 viewers *
Spanish term

efecto patrimonial

Spanish to English Bus/Financial Business/Commerce (general)
Regarding company shares:

Las transmisiones efectuadas en contra de lo dispuesto en este articulo seran nulas y la sociedad no reconocera a ningun efecto, ni siquiera patrimonial, al adquiriente.

Thanks in advance!
Change log

Dec 30, 2007 17:01: MikeGarcia Created KOG entry

Proposed translations

+2
15 mins
Selected

equity effect/effect in its equity

Consultar el Alcaraz Varó Hughes Financiero, pág. 1105, "patrimonio".
Esta es la acepción de "patrimonial" que corresponde, as per the context.-
Peer comment(s):

agree Robert Copeland
23 mins
Thanks, Robert, and Happy Holidays.-
agree Victoria Porter-Burns :
1 hr
Thanks, Victoria, and Happy Holidays.-
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4 KudoZ points awarded for this answer. Comment: "Thanks Miguel and everyone!"
2 mins

net worth

Felices fiestas!
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3 mins

hereditary/patrimonial

Sin más contexto, me supongo se refiere a sociedades comerciales y sus efectos, adquiridos en contravención a la ley, que no podran ser reconocidas ni siquiera como herencia.
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+1
23 mins

asset variation

any property transfer (transaction)...shall be deemed void... without any effect whatsoever including variation in assets
variation hace referencia a cambios positivos o negativos en el patrimonio
Peer comment(s):

agree Bubo Coroman (X) : "a ningún efecto" is a set phrase meaning "not for any purpose" (or, as you put, without any effect)
5 hrs
thanks, again, Deborah, my faithful colleague :-) And Happy Holidays, as well.
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41 mins

ownership

My guess is that this means that if shares are sold without the permission of the board, or some committee of the board, then the company will not even recognise that a transfer or sale has occurred. That is, they will still confer voting and other rights on the previous owner of the shares.
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1 hr

financial effect..

another possible translation..
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