Sep 30, 2021 14:07
2 yrs ago
34 viewers *
Spanish term

pasivo contraído

Spanish to English Law/Patents Business/Commerce (general)
para que el pasivo contraído con nuestro proveedor XXXX quede jurídicamente pagado o extinto
Change log

Sep 30, 2021 14:14: Edith Kelly changed "Language pair" from "English" to "Spanish to English"

Proposed translations

+3
1 hr
Selected

(the) debt incurred

Another possibility.
Peer comment(s):

agree Adrian MM. : The question IMO is wrongly formulated without the preposition > contraído con = para con > the 'debt incurred' to rather than with.......
1 hr
Thanks :)
agree patinba
1 hr
Thanks :)
disagree Francois Boye : Debt due to a supplier has a specific name in accounting. It is called accounts payable
1 hr
Yes, but that does not mean that it is the only term that can be used here. Indeed you would have a problem with the term 'extinto' here as it does not collocate well with 'accounts payable'. A debt, on the other hand, can be both paid and extinguished.
agree Donette McCartney : I think the more inclusive term "debt" speaks to the broader legal tone of the context given.
1 day 18 hrs
Thank you :)
agree Luis M. Sosa
2 days 5 hrs
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
10 mins
Spanish term (edited): (el) pasivo contraído

(the) liability contracted

= what the party concerned has promised (under a contract) to XXXX
Could be a payment or the performance of a service

231 Liability Of Past And Present Members | Bankruptcy Insolvency ...
https://www.lexisnexis.co.uk › legal › commentary › efp
... any debt or liability contracted after he ceased to be a member nor where existing members are able to satisfy the contributions required to be made3. A.
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29 mins

accounts payable due to...

Accounts payable refers to the money your business owes to its vendors for providing goods or services to you on credit. Typically, these are the short-term debt that you owe to your suppliers. In other words, the total amount outstanding that you owe to your suppliers or vendors comes under accounts payable.
Peer comment(s):

neutral patinba : Yes, but they are still debt that has been incurred, and how do you know it is not an advance or loan of some kind?
5 hrs
neutral AllegroTrans : The accounting term is not correct here, agree with patinba
1 day 7 hrs
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