Glossary entry

Spanish term or phrase:

cumplida

English translation:

Guarantee or Bond satisfied

Added to glossary by claudia bagnardi
Nov 12, 2021 15:46
2 yrs ago
36 viewers *
Spanish term

cumplida

Spanish to English Bus/Financial Finance (general) Financial Statements
Hola amigos, éste es el contexto:

La presente Fianza se entenderá **cumplida** únicamente contra el pago de las Obligaciones Garantizadas en la moneda convenida.

discharged? effective? fulfilled? executed? honored? performed?
Alguna otra opción?
Cuál les parece mejor?

Gracias por sus sugerencias!
Claudia

Discussion

Lisa Rosengard Nov 13, 2021:
It meets the terms and conditions once the payment takes effect.

Proposed translations

2 hrs
Spanish term (edited): Fianza cumplida
Selected

Guarantee or Bond satisfied

cumplir entry 4: perform a contract, West.

I think satisfied - cut to the Rolling Stones, with discharge a close-runner-up.

The question begs the question of how Fianza is going to be translated : bond,. guarantee or all-monies etc. security: generally in the UK, guarantees, liens and bonds are satisfied post-enforcement, whilst deeds of suretyship are implemented.

The only term I'd avoid is 'vacating' as that has criminal bail bond overtones in the US of A.
Example sentence:

UK: Form PF183: Evidence for permission to enter Memorandum of Satisfaction on Bill of Sale (Bills of Sale Act 1878, s.15; PD8A para 11.5) > Chattel Mortgage security

USA: A Discharge of Mechanic's Lien Bond is a type of surety bond that validates non-payment for work, labor, and supplies involved with a piece of property.

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4 KudoZ points awarded for this answer. Comment: "Thanks Adrian and philgoddard! Always so helpful!"
+1
1 hr

discharged, fulfilled, executed, honored, performed

But not "effective" - it becomes effective when it's signed, not when it's paid. "Cumplir" can mean "become effective", but not in this context.
http://www.wordreference.com/es/en/translation.asp?spen=cump...

Peer comment(s):

agree Vuka Mijuskovic : ... and also 'cleared' [in terms of conditions fulfilled]
14 mins
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