Glossary entry (derived from question below)
Spanish term or phrase:
mancomunado o solidario
English translation:
[either...] joint or joint and several
Added to glossary by
Patrick Bearne
May 5, 2016 21:10
8 yrs ago
82 viewers *
Spanish term
mancomunado o solidario
Spanish to English
Law/Patents
Law (general)
Corporate Law
The expression appears in the following sentence summarising what information is in the Articles of Association (Estatutos Sociales):
A grandes rasgos, el contenido mínimo es la denominación de la sociedad (con expresión del tipo de sociedad); el objeto social, el domicilio social, el cual debe ser dentro del territorio español; el capital social aportado; el número de participaciones sociales que se emita, con expresión de su valor nominal; por último, el tipo de órgano de administración, si será individual o colectivo, mancomunado o solidario, así como el plazo de duración del cargo y si es retribuido o no; el sistema de adopción de acuerdos.
The thing is, according to the Oxford Dictionary, "mancomunado" (jointly-owned) and solidario (jointly and severally liable) seem fairly similar to me; however, the context suggests they are different. I would appreciate any help with this.
A grandes rasgos, el contenido mínimo es la denominación de la sociedad (con expresión del tipo de sociedad); el objeto social, el domicilio social, el cual debe ser dentro del territorio español; el capital social aportado; el número de participaciones sociales que se emita, con expresión de su valor nominal; por último, el tipo de órgano de administración, si será individual o colectivo, mancomunado o solidario, así como el plazo de duración del cargo y si es retribuido o no; el sistema de adopción de acuerdos.
The thing is, according to the Oxford Dictionary, "mancomunado" (jointly-owned) and solidario (jointly and severally liable) seem fairly similar to me; however, the context suggests they are different. I would appreciate any help with this.
Proposed translations
(English)
| 3 +3 | [either...] joint or joint and several |
Seth Phillips
|
Proposed translations
+3
34 mins
Seth Phillips
United States
United States
Native in English
Works in field
United States
M.S. Leg/Fin Translator - 12 yrs - MemoQ
Native in: English (Variants: US, British, UK) 
Works in: Spanish to English, Portuguese to English, French to English, and 2 more.
Related KudoZ points
:
123
Selected
[either...] joint or joint and several
They are similar but not the same
Rebecca distinguishes those words in her lexicon. See example below:
Administración por un consejo rector o un administrador único, dos administradores mancomunados o dos administradores solidarios Management by a management board or a sole director, two joint directors or two joint and several directors
Administrador único, administradores mancomunados, administradores solidarios o consejo de administración > Sole director, joint directors, joint and several directors or board of directors
Extinción de la obligación por el pago hecho por uno de los deudores solidarios > Discharge of the obligation through payment made by one of the joint and several debtors
--------------------------------------------------
Note added at 35 mins (2016-05-05 21:46:46 GMT)
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I.e.
Dos administradores mancomunados > Two joint directors
Dos administradores solidarios > Two joint and several directors
Rebecca distinguishes those words in her lexicon. See example below:
Administración por un consejo rector o un administrador único, dos administradores mancomunados o dos administradores solidarios Management by a management board or a sole director, two joint directors or two joint and several directors
Administrador único, administradores mancomunados, administradores solidarios o consejo de administración > Sole director, joint directors, joint and several directors or board of directors
Extinción de la obligación por el pago hecho por uno de los deudores solidarios > Discharge of the obligation through payment made by one of the joint and several debtors
--------------------------------------------------
Note added at 35 mins (2016-05-05 21:46:46 GMT)
--------------------------------------------------
I.e.
Dos administradores mancomunados > Two joint directors
Dos administradores solidarios > Two joint and several directors
4 KudoZ points awarded for this answer.
Comment: "Great! Thanks for including all the detail."
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