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Periodo de Colocación
Hay un se lio

Glossary entry

Spanish term or phrase:

Carácter Cerrado

English translation:

Closed Capacity

Added to glossary by Paul García
May 27, 2016 20:11
8 yrs ago
2 viewers *
Spanish term

Carácter Cerrado

Spanish to English Bus/Financial Law: Contract(s) Agreement
Una vez concluido el Periodo de Colocación, el Fondo tendrá un **carácter cerrado**, no estando previstas ni emisiones de nuevas participaciones para terceros, ni ulteriores Transmisiones de Participaciones a terceros (esto es, Personas o entidades que con anterioridad a la transmisión no revistan la condición de partícipes).
Proposed translations (English)
4 -2 Closed Capacity
4 +4 will be closed
Change log

May 29, 2016 00:51: Paul García Created KOG entry

Proposed translations

-2
44 mins
Selected

Closed Capacity

Capacity is an element of contracts; it means that a person is legally able to enter into a contract, or not, if capacity is closed.
Peer comment(s):
disagree philgoddard : It's nothing to do with contracts, carácter doesn't mean capacity, and "closed capacity" doesn't make sense. Apart from that, your answer is fine.
1 day 7 hrs
disagree Robert Carter : Yes, sorry Paul, I have to agree with Phil I'm afraid, except for the "your answer is fine bit" :)
2 days 4 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you!"
+4
1 hr
Spanish term (edited): tendrà un carácter cerrado

will be closed

Simple as that! The fund still exists, but is closed to new members.

--------------------------------------------------
Note added at 1 hr (2016-05-27 22:04:07 GMT)
--------------------------------------------------

"Old investment options (now closed for new members)"
http://www.xeroxpensions.co.uk/d228.asp

"Tener un carácter" means "to be of a .... nature", and can often be translated simply as "to be".
Note from asker:
Thank you!
Peer comment(s):
agree David Hollywood : that's the way I see it too
57 mins
agree Robert Forstag
2 hrs
agree John Rynne
1 day 13 hrs
agree Robert Carter : Yes, it's clearly this, how on earth could it be "closed capacity" and what would that even mean?
2 days 4 hrs
Something went wrong...
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