Glossary entry (derived from question below)
Portuguese term or phrase:
massa passiva
English translation:
Amount payable to compensate general average
Portuguese term
Portugal
Business Language Solutions Pt>Eng
Native in: English 
Works in: Portuguese to English, English to Portuguese
Massa Passiva
e a “Massa Passiva” da avaria grossa ou comum.
Aquela é constituída pelo conjunto de despesas extraordinárias e
pelos sacrifícios feitos voluntariamente para salvação comum. Essencialmente,
trata-se das avarias-danos (navio e carga) e das avarias-despesas
(despesas de arribada e despesas de bordo desde o momento em que foi
tomada a decisão de fazer o sacrifício ou despesa, até ao momento em
que o navio volta à mesma posição para continuar a viagem, despesas de
regulação e perda de frete).
Quanto à “Massa Passiva”, será a que vai contribuir para indemnizar
os prejuízos, i.e., a massa contribuinte. Uma vez calculadas, é fácil determinar
a percentagem da contribuição de cada um dos interessados na
expedição em função da avaliação dos bens presentes e numa imputação
pro rata.
| 5 +1 | Amount payable to compensate general average |
Mark Robertson
|
| 4 | (maritime average) aggregate contributions; (insolvency) pool of liabilities |
Adrian MM.
|
| 2 +1 | liabilities |
liz askew
|
Feb 20, 2023 08:35: Mark Robertson Created KOG entry
Proposed translations
Translations by lawyers for lawyers
Native in: English 
Works in: Portuguese to English, English
Amount payable to compensate general average
General Average = average resulting from intentional partial sacrifice of a ship, or its cargo, to avoid total loss. The lability for general average is shared proportionately by all those who had an interest in the voyage.
Massa Ativa = amount or value general average
Massa Passiva = amount payable by those with a liability to contribute to the compensation of general average.
Source: Blacks Law Dictionary.
liabilities
Oxford University Press ·
https://academic.oup.com › book
In imperfect financial markets, there is a need for both debt and equity. ... the assets (activa) and liabilities (passiva) of the firm on a certain date.
| agree |
Mario Freitas
: Yes, if the terms in Pt are "ativos" and "passivos", there is no doubt passivos are liabilities.
8 hrs
|
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: Scottish, British)
Works in: Spanish to English, English to Spanish, French to English, and 6 more.
(maritime average) aggregate contributions; (insolvency) pool of liabilities
pool of.. / aggregate : é fácil determinar a percentagem da contribuição de cada um dos interessados
In personal or (US: corporate) bankruptcy / insolvency, the translation in most Romance lingos goes a different 'pooling or fund of liabilities' way.
IATE: ECONOMICS COM pt massa passiva COM en debit account COM passive account COM
General Average is a long-established principle of Maritime Law which requires *contribution* from all whose goods were saved to the losses of those whose goods were sacrificed at time of common peril.
Discussion
It therefore makes sense that these terms should be used to denote the total general average and the amount that those interested in the voyage are require to contribute to pay the general average.
See Vocabulário Jurídico, De Plácido e Silva, 28th Edition, pages 895 and 896.