Glossary entry

English term or phrase:

Completion (here)

Spanish translation:

perfeccionamiento / formalización

Added to glossary by Hazel Whiteley
Sep 5, 2004 13:45
20 yrs ago
32 viewers *
English term

Completion (here)

English to Spanish Bus/Financial Business/Commerce (general)
On a contract to buy and sell a business:

"Title in each of the Assets will pass to the Purchaser on Completion."

Meaning "on completion of the Agreement", not on carrying out the duties thereunder.

Thanks

Discussion

Xenia Wong Sep 5, 2004:
Hazel: please see my notes.
Non-ProZ.com Sep 5, 2004:
assets It's a contract to buy and sell a business with all its assets (inc. goodwill). I believe "Completion" refers to completion of the contract, not to any work that involves making the assets.

The contract defines "Completion" as: "completion of the sale and purchase of the Business and the Assets in accordance with clause X". I just don't know how to say "Completion", in this sense, in Spanish.

Proposed translations

+1
1 hr
Selected

al perfeccionar el contrato

Hola, Hazel.

Concuerdo contigo en que debe tratarse de “on completion of the Agreement”; en tal caso, mi opción es “al perfeccionar el contrato”, en donde “perfeccionar” comprende “acceptance, signing & execution of the agreement”.

Si acaso fuera un proyecto en construcción, como sugiere Marian y yo no creo que ése sea el caso, yo diría “ejecución del contrato”, significando esto “performance of the contracted services/works”.

Feliz domingo,
Manuel
Peer comment(s):

agree Marta Mozo
4 hrs
¡Gracias!
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4 KudoZ points awarded for this answer.
4 mins

I don't think so...

I don't think you've given enough context. Is this a project under construction? It sure sounds like it. If so, I would say that the phrase means that title to each Asset passes upon completion of construction of that Asset
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+1
2 mins

Yes, on completion of the whole purchasing process

My thoughts.

--------------------------------------------------
Note added at 16 mins (2004-09-05 14:01:53 GMT)
--------------------------------------------------

Hazel, I believe it refers to: \"al completarse\" o \"al final\" de a, b, c....whatever the clauses are talking about. It could be many things that the parties have agreed to. It could be at the completion of X production phase, or when the building X has been remodeled, etc. If theere are no specific clauses in the agreement, then they are probably talking about \"al completarse todos los trámites necesarios\"
Remember, a sale implies many things: title searches, credit checks, mortgage loans to be cancelled, inspections, etc. I hope this helps.
Peer comment(s):

agree Nora Bellettieri
7 hrs
Gracias Norita..........xne
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+3
28 mins

conclusión

en tu contexto, creo que "conclusión" o, simplemente, "realización" sirven

Carrefouronline - [ Translate this page ]
... a la identidad, domicilio y número de tarjeta de crédito para realizar el pago,
al ser estos datos necesarios para la formalización y conclusión de la venta ...
www.tecnologia.carrefour.es/home_help_ segCompras.asp?Query=ProductPage&ProdTypeId=4 - 70k - Sep 3, 2004 - Cached - Similar pages

MercadoLibre México - Venta de PRECIOUS MOMENTS!!!. REZA EL ANGEL ... - [ Translate this page ]
... No ofertes, si no tienes dinero, si no estas seguro de tu compra. La conclusion
de la venta debe hacerse antes de 5 días. Volver arriba. ...
www.mercadolibre.com.mx/jm/item?site=MLM&id=6023978 - 55k - Cached - Similar pages

. : Diplomado en Finanzas para Ejecutivos no Financieros : . - [ Translate this page ]
... a un cliente difícil y vencer objeciones • Técnicas para el cierre de ventas • El
manejo de objeciones y la conclusión de la venta • Seguimiento y ...
www.cdj.itesm.mx/departamentos/ cende/DIPLOMADOS/ventasdeimpacto.htm - 14k - Cached - Similar pages

[DOC] Objetivo
File Format: Microsoft Word 2000 - View as HTML
... Técnicas para el cierre de ventas; El manejo de objeciones y la conclusión
de la venta; Seguimiento y postventa; Una venta con impacto. ...
www.cdj.itesm.mx/departamentos/cende/ DIPLOMADOS/vai-Ventas%20de%20alto%20impacto.doc - Similar pages

- EL MUNDO | Suplemento de Nueva economia 165 - Rizzoli vende Fila ... - [ Translate this page ]
... Tras la conclusión de la venta de la actividad deportiva lanzará una oferta sobre
el 9% del capital de la Fila Holding, que todavía cotiza en la Bolsa de ...
www.el-mundo.es/nuevaeconomia/2003/165/1047228745.html - 25k - Cached - Similar pages

Marbella Inmobiliaria. Articulos: La Guia del Comprador - [ Translate this page ]
... Si se producen retrasos, el posible que el Vendedor tenga la tentación
de aceptar cualquier otra oferta. Conclusión de la Venta. ...
www.pgb.es/marbella/html/inmo_artic_comp.htm - 23k - Cached - Similar pages

Fashion Fruit - Diseños de fruta fresca - Cestas y regalos ... - [ Translate this page ]
... domicilio de entrega y número de tarjeta de crédito para realizar el pago, al ser
estos datos necesarios para la formalización y conclusión de la venta. ...
www.fashionfruit.es/info/garantia.asp - 17k - Sep 3, 2004 - Cached - Similar pages

ASTUN: Condiciones generales - [ Translate this page ]
... los datos relativos a la identidad y domicilio (dirección postal y e-mail), al ser
estos datos necesarios para la formalización y conclusión de la venta. ...
www.astun.com/tienda/cond1.html - 11k - Cached - Similar pages

El Economista - Aumenta 64.34% la IED en México - [ Translate this page ]
... incremento de la IED en México está influenciado por los recursos que el país recibió
en el primer trimestre de 2004 por la conclusión de la venta de un ...
www.economista.com.mx/online4.nsf/ 0/B8FA4387987BA62806256EFB0002B0F8?OpenDocument - 17k - Cached - Similar pages

[PDF] La Venta de una Pequeña Empresa
File Format: PDF/Adobe Acrobat - View as HTML
... El proceso de compra–venta La conclusión de la venta de un negocio debería ser una
transacción exitosa tanto para el vendedor como para el comprador. ...
www.business.vic.gov.au/CA256C7F00127C82/ ImageLookup/TransSpan/$file/SPAN_UNMan_sell_smll.pdf - Similar pages
Peer comment(s):

agree Margarita Palatnik (X)
18 mins
Hola amiga... feliz domingo... Por fin ayer practiqué piragüismo y no tengo ganas de trabajar hoy....
agree .xyz (X) : Otra opción: "al finalizar el acuerdo", "a la finalización del acuerdo"
40 mins
agree Maria Carla Di Giacinti
9 hrs
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1 hr

perfeccionamiento del contrato

perfeccionamiento del contrato
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3 hrs

al terminarse


on completion, al terminarse

-- Source: Diccionario Espasa Concise © 2000 Espasa Calpe

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7 hrs

al finalizar / termino

al termino del acuerdo/contrato
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6 hrs

Just for info

Hazel,
The conveyance of property (including business premises, related assets, etc...) in the UK goes through two distinct phases:

a) Exchange of contracts.
b) Completion date.

"When you're buying or selling a home (or any other big asset), the 'exchange of contracts' is the all important moment when the transfer of title/ownership happens.

>>"So, if you're having second thoughts about buying or selling your home it'll be too late to back out of the deal once contracts have been exchanged. The exchange of contracts is usually followed days or weeks later by the completion date, but the two stages in the homebuying process can be combined.

In the exchange of contracts, the buyer signs the contract for sale and sends it to the seller who also signs it - both parties are then legally bound to complete the transfer.

At this point the buyer should insure the property."
RBS: Completing the purchase - Preparing for exchange of contracts - [ Traduzca esta página ]
... You will know that exchange of contracts is imminent when your solicitor asks to ...
down because the parties involved are unable to agree on a completion date. ...
www.rbs.co.uk/Personal_Finances/Mortgages/ House_Clinic/Buying_a_House/exchange_of_contracts.htm - 27k - En caché - Páginas similares

Moneyextra | Glossary: Exchange of contracts - [ Traduzca esta página ]
... The exchange of contracts is usually followed days or weeks later by the completion
date, but the two stages in the homebuying process can be combined. ...
www.moneyworld.co.uk/glossary/gl00629.htm - 27k - 3 Sep 2004 - En caché - Páginas similares

Solicitors and Conveyancing - exchange and completion - [ Traduzca esta página ]
... This is the exchange of contracts - the moment you have all been waiting for. ... You
have agreed a completion date for the sale, which is included in the contract ...
www.themovechannel.com/howto/ buy/exchange-and-completion.asp - 34k - En caché - Páginas similares

Conveyancing and Selling UK Property - [ Traduzca esta página ]
... from the day you agree the sale to the exchange of contracts, though there ... The Conditions
have information about the proposed completion date and any deposit ...
www.themovechannel.com/ howto/sell/conveyancing-process.asp - 38k - En caché - Páginas similares
[ Más resultados de www.themovechannel.com ]

Shelter: Exchanging contracts - [ Traduzca esta página ]
... If this is the case and the property is damaged between exchange of contracts and
the completion date, the buyer's insurers will have to pay for any repairs ...
england.shelter.org.uk/advice/advice-260.cfm - 27k - En caché - Páginas similares

Shelter: Exchanging contracts - [ Traduzca esta página ]
... At some point between exchange of contracts and the completion date your solicitor
will carry out any final checks and your lender will transfer the money for ...
england.shelter.org.uk/advice/advice-456.cfm - 27k - En caché - Páginas similares
[ Más resultados de england.shelter.org.uk ]

Solicitors in Oxford offering legal work & advice for buying & ... - [ Traduzca esta página ]
... Completion Date The completion date which is agreed between the parties on exchange
of contracts is the date upon which the seller of the property must give ...
www.marshallgalpin.co.uk/guides/convey_buy.htm - 13k - En caché - Páginas similares


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Note added at 8 hrs 20 mins (2004-09-05 22:05:48 GMT)
--------------------------------------------------

In other words,

el título de propiedad se trasladará al Comprador en la \"completion date\" - no la fecha del intercambio de contratos, que es lo habitual.
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