Glossary entry

Spanish term or phrase:

encargos de confianza

English translation:

commission of trust

Added to glossary by Petra Krumme
Oct 31, 2014 03:16
9 yrs ago
3 viewers *
Spanish term

encargos de confianza

Spanish to English Bus/Financial Accounting Financial statements
This is an item in a statement of financial position. It appears under assets, but there is no further explanation. It seems to be an englobing expression for fiduciary mandates and the like.

Proposed translations

13 mins
Selected

trust commission/commission of trust

This entails that the management of public goods—power—is entrusted by the citizens to politicians and public officials by way of a commission of trust (encargo de confianza).
http://www.law.yale.edu/documents/pdf/sela/SELA13_Zegarra_CV...

Trust commission
http://www.wordmagicsoft.com/dictionary/es-en/encargo de con...
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4 KudoZ points awarded for this answer. Comment: "Gracias, Wilsonn!"
8 mins

fiduciary obligations

I would say

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Note added at 10 mins (2014-10-31 03:26:38 GMT)
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or "commissions of trust"

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Note added at 10 mins (2014-10-31 03:27:02 GMT)
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www.law.yale.edu/.../SELA13_Zegarra_CV_Eng_20130515.pdf‎En caché
15 May 2013 ... on its actual fiduciary duties, which derive from the expectations of reasonable
delegation ... commission of trust (encargo de confianza).
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1 day 6 hrs

discretionary (asset) management agreements

That's what they are somthing similar (?) are called in Swiss banking.
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