Nov 22, 2013 10:21
10 yrs ago
17 viewers *
Spanish term

PARA TOMAR Y DAR DINERO A INTERESES:

Spanish to English Law/Patents Law: Contract(s) Power of Attorney
This is the heading of one of the clauses of an irrevocable 60 day power of attorney, the clause goes on to read:
Para que tome a nombre de la poderdante o de dar cuenta de él, dinero en mutuo y estipule las tasas a interés y a plazo fijo, ya en forma de crédito flotante.
My doubt is whether the person has the power both to borrow and lend, initially I thought it was just to lend given the phrase "dinero en mutuo" but now I am not so sure.
Any help will be greatly appreciated!
Don´t you just love Spanish Notaries !!!!
Proposed translations (English)
4 +4 to borrow and lend money

Proposed translations

+4
26 mins
Selected

to borrow and lend money

El mutuo es un préstamo de dinero:
http://es.wikipedia.org/wiki/Mutuo

And yes, Spanish Notaries are so lovely ;-)
Peer comment(s):

agree Billh
55 mins
Thank you very much, Bill
agree Richard Hill
5 hrs
thank you very much, Richard
agree AllegroTrans
2 days 11 hrs
thank you very much, AT
agree MollyRose : Don't forget, "with interest."
10 days
thank you very much, MollyRose
neutral Adrian MM. : There are interest-free loans, as in Sharia law www.dummies.com/business/corporate-finance/10-key-points-ab...
2045 days
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
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