Glossary entry (derived from question below)
Spanish term or phrase:
cartas promesas de pago
English translation:
commitment letters
Added to glossary by
Michael Powers (PhD)
May 28, 2007 20:30
17 yrs ago
7 viewers *
Spanish term
United States
US Court Cert. 1980 Ph.D. 1981
Native in: English
Works in: Spanish to English, Portuguese to English, English to Spanish, and 2 more.
cartas promesas de pago
Spanish to English
Bus/Financial
Real Estate
Spain
To this point I am simply using "promissory note" but I am much more used to "pagaré". I cannot find this anywhere and am starting to think that this was a translation into Spanish and someone's attempt to state "promissory note" into Spanish. But, may I am wrong. If so, where is it used? Is there a different translation than "promissory note"?
Según nos informa la empresa, las cartas promesas de pago tienen una vigencia de 180 dias pero pueden ser renovadas y etendidas a su vencimiento, quedando esta decisión a criterio del banco emisor.
Según nos informa la empresa, las cartas promesas de pago tienen una vigencia de 180 dias pero pueden ser renovadas y etendidas a su vencimiento, quedando esta decisión a criterio del banco emisor.
Proposed translations
(English)
| 4 +2 | commitment letters |
Marian Greenfield
|
Proposed translations
+2
24 mins
Marian Greenfield
Native in English
Over 30 years in financial translation
Native in: English 
Works in: Spanish to English, Portuguese to English, English
Related KudoZ points
:
78
Selected
commitment letters
Mike... a promissory note would not likely have "vigencia vigencia de 180 dias"
Not enough context to be sure, but sounds to me like commitment letters...
Likely involving a mortgage lender.....
A written promise from a lender that you will receive a mortgage of a specified amount at a specified rate.
www.mortgagefocused.com/understanding-mortgages/terms.php
a document by which the lender agrees to provide financing within a specified time and according to terms and conditions contained therein.
www.cbsc.org/servlet/ContentServer
A letter outlining the amount, terms and conditions under which a lender is willing to offer a mortgage.
www.bc-realty.com/mortgage/glossary.html
A formal offer by a lender stating the terms under which it agrees to lend money to a home buyer. Also known as a "loan commitment."
www.ubcd.com/terms.asp
Not enough context to be sure, but sounds to me like commitment letters...
Likely involving a mortgage lender.....
A written promise from a lender that you will receive a mortgage of a specified amount at a specified rate.
www.mortgagefocused.com/understanding-mortgages/terms.php
a document by which the lender agrees to provide financing within a specified time and according to terms and conditions contained therein.
www.cbsc.org/servlet/ContentServer
A letter outlining the amount, terms and conditions under which a lender is willing to offer a mortgage.
www.bc-realty.com/mortgage/glossary.html
A formal offer by a lender stating the terms under which it agrees to lend money to a home buyer. Also known as a "loan commitment."
www.ubcd.com/terms.asp
Peer comment(s):
| agree |
Silvia Brandon-Pérez
: Exactly; these are mortgage commitments, more than likely.
3 mins
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thanks... yes, that's my assumption
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| agree |
Gándara
4 hrs
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4 KudoZ points awarded for this answer.
Comment: "Thank you, Marian. Your answer seems very apropos.
I appreciate your clarification - the translation will be better because of it.
Thanks once again.
Mike :)"
Discussion