Glossary entry

Spanish term or phrase:

no devengado

English translation:

unearned

Added to glossary by Jaime Blank
Mar 16, 2015 22:14
9 yrs ago
21 viewers *
Spanish term

devengado

Spanish to English Art/Literary Insurance
Artículo 18.-Las personas que se separen definitivamente del Grupo o Colectividad asegurada, dejarán de estar aseguradas desde el momento de su separación, quedando sin validez alguna el Certificado individual expedido. En este caso, la Aseguradora restituirá la parte de la prima neta no devengada de dichos Integrantes calculada en días exactos, a quienes la hayan aportado, en la proporción correspondiente.
Change log

Mar 16, 2015 22:14: changed "Kudoz queue" from "In queue" to "Public"

Mar 23, 2015 19:57: Jaime Blank Created KOG entry

Proposed translations

+2
3 hrs
Spanish term (edited): no devengada
Selected

unearned

in this case the question shuld be "no devengada"

Prima no devengada = Unearned premium

Unearned premium
The premium corresponding to the time period remaining on an insurance policy. Unearned premiums are proportionate to the unexpired portion of the risk, for which coverage has been sought by the insured party. Thus, it is deemed to have not yet been earned, or "unearned," by the insurer. It appears as a liability on the insurer's balance sheet, as it would have to be paid back upon cancellation of the insurance policy.
http://www.investopedia.com/terms/u/unearned-premium.asp

Unearned Premium
A premium paid on an insurance policy before it is due. For example, one may pay six months' worth of premiums in January instead of paying each month from January to June. If the policyholder cancels before February, the insurer should refund the premiums for March, April, May and June. For that reason, they are listed as liabilities on the insurer's balance sheet.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Peer comment(s):

agree Maria del Carmen Almeida
57 mins
Gracias!!
agree patinba
10 hrs
Gracias!!
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4 KudoZ points awarded for this answer.
+1
3 mins

unused (portion) – in this context

One possibility
Peer comment(s):

agree Ray Ables : I believe you are right. Cheers.
7 mins
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8 hrs

which has not accrued

.

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Note added at 8 hrs (2015-03-17 07:00:11 GMT)
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Global contracts guidance - Lloyd's - The world's specialist ...
www.lloyds.com/the-market/operating-at.../global-contracts-...
The international insurance laws and regulations permitting or prohibiting ... The premium accrued from a global insurance contract must be apportioned to ...

OECD Tax Policy Studies Taxing Insurance Companies
https://books.google.co.uk/books?isbn=9264188398
OECD - 2001 - ‎Business & Economics
Even though the premium is not paid, it would be reported by the reinsurer as a premium accrued. 57 58 Table 15. Loan – Life coinsurance (funds withheld), 40 ...

4. Calculation | FSCS
www.fscs.org.uk › ... › Q&As about Northern Ireland Credit Unions
Designated Investment Business · Insurance Business · Insurance Mediation .... interest or premium accrued to that date and unaccrued interest or premium ...
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Reference comments

10 mins
Reference:

Refs.

no devengada:

Pedagogical Specialised Lexicography: The Representation ...
https://books.google.com.jm/books?isbn=9027223351
Pedro Antonio Fuertes Olivera, ‎Ascensión Arribas-Baño - 2008 - ‎Language Arts & Disciplines
Prima devengada. First premium: ... Gross net premium: Prima bruta o total neta. Halsey ... Unearned premium reserve: Reserva para primas no cobradas.

En este caso el asegurado tendrá derecho a la devolución de la parte de la prima no devengada. fao.org
In such cases the insured shall be entitled to reimbursement of that portion of the premium remaining unused. fao.

dará derecho para retener la prima no devengada - ProZ.com
http://www.proz.com/kudoz/spanish_to_english/insurance/66895... KudoZ home › Spanish to English › Insurance
Mar 21, 2004 - (KudoZ) Spanish to English translation of dará derecho para retener la prima no devengada: shall be cause for retaining any unused premium ...
GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase: dará derecho para retener la prima ***no devengada**
English translation: shall be cause for retaining any **unused premium** [unused portion]
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2 hrs
Reference:

devengado: prescrito, vencido, corrido
Diccionario de sinónimos y antónimos © 2005 Espasa-Calpe



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Note added at 3 hrs (2015-03-17 01:40:11 GMT)
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Prima devengada
Porción de prima correspondiente al periodo de seguro transcurrido durante el tiempo transcurrido en que se ha asumido la cobertura del riesgo.
https://www.segurosbancomer.com.mx/seguros/tleu/segurosban/c...


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Note added at 3 hrs (2015-03-17 01:49:16 GMT)
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Prima No Devengada: Porción de Prima pagada correspondiente al período de cobertura de una Póliza que aún
no ha trascurrido.
https://www.bac.net/bacsanjose/ssitxt/esp/banco/personas/Con...
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