Glossary entry

Spanish term or phrase:

ingreso patrimonial

English translation:

entered/claimed as an asset

Added to glossary by MarinaR
Feb 21, 2016 13:11
8 yrs ago
4 viewers *
Spanish term

ingreso patrimonial

Spanish to English Law/Patents Law (general) Bidding terms and conditions/ Bid bond
En los casos en que, luego de notificado fehacientemente, el oferente o adjudicatario no retirase las garantías, éste
podrá reclamar su devolución dentro del plazo de 1 año a contar desde la fecha de la notificación. La falta de
presentación dentro del plazo señalado por parte del titular del derecho, implicará la renuncia tácita del mismo a
favor de la empresa, pudiendo esta última ordenar el ingreso patrimonial de lo que constituye la garantía o en su caso proceder a la destrucción del documento presentado.


Muchas gracias.
Marina.

Proposed translations

+1
3 hrs
Selected

entered/claimed as an asset

It means that if the bidder fails to request the return of the guarantee or bond, after a certain time the company will be able to either enter the value of the guarantee as an asset in its accounting, or simply destroy the document.

You might word it as:
"...shall imply tacit surrender thereof to the company, entitling the company to order whatever value the guarantee holds to be entered/claimed as part of the company's assets, or the destruction..."
Peer comment(s):

agree Richard Purdom
17 hrs
Thank you, Richard.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "muchas gracias!"
+1
46 mins

asset revenue

Please see

Sample sentence:

For example, if the cafe shop was bought for $100,000 and sold for $110,000, that would be gain on the sale of an asset (revenue) of $10,000.

https://books.google.ie/books?isbn=1439037116

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Note added at 47 mins (2016-02-21 13:59:28 GMT)
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Please also see:
https://docs.infor.com/pub/8.4.0/en-us/.../t_valassetvalvw_r...

link.springer.com/article/10.1023%2FA%3A1009728426728



Example sentence:

For example, if the cafe shop was bought for $100,000 and sold for $110,000, that would be gain on the sale of an asset (revenue) of $10,000.

An asset's revenue is any income that has been generated from the use of the asset by internal or external parties. Examples of revenue include convention hall

Peer comment(s):

agree Patricia Fierro, M. Sc.
25 mins
neutral Robert Carter : I don't think that can be the case here, as it's referring to the guarantee. In addition, it reads "ordenar el ingreso patrimonial", so it wouldn't make sense. Regards.
13 hrs
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