patricinio

English translation: Rebate

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:patricinio
English translation:Rebate
Entered by: guillen

00:11 Oct 20, 2018
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / credit unions - Puerto Rico
Spanish term or phrase: patricinio
(credit union members will receive)..."dividendos en acciones y patrocinio (sujeto al resultado de las operaciones".

It sounds to me like the credit union members will receive dividends on their shares and a share in profits, but I'm not familiar with the use of "patrocinio" in that sense... Can anyone confirm? (The country is Puerto Rico). Any help will be appreciated.
guillen
United States
Local time: 19:26
Rebate
Explanation:
As I see it, we are looking at a rebate paid out to (member) borrowers of the credit union:

¿Cuál es la diferencia entre dividendo y patrocinio?
La diferencia entre dividendo y patrocinio es que el
pago de dividendo se realiza a todas aquellas personas
que poseen acciones de la Cooperativa y el pago de
patrocinio es para todas aquellas personas que tienen
préstamos en la Cooperativa. O sea, que el pago de
dividendo está basado en el balance promedio de la
cuenta de acciones y el de patrocinio en los intereses
pagados por el socio a la Cooperativa (a través de sus
préstamos) en un periodo de un año. (enero a
diciembre).


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Note added at 6 hrs (2018-10-20 06:34:37 GMT)
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You may prefer to use refund

--------------------------------------------------
Note added at 6 hrs (2018-10-20 06:54:04 GMT)
--------------------------------------------------

You get money back on your interest paid if a loan interest rebate is applied
https://www.dungannoncu.com/content.asp?section=196&bgc=&sbg...
Selected response from:

Enrique Bjarne Strand Ferrer
Spain
Local time: 03:26
Grading comment
Thank you!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3Rebate
Enrique Bjarne Strand Ferrer
4sponsored shares
David Hollywood


  

Answers


40 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
sponsored shares


Explanation:
by a share registry. They are identified by a Securities Reference Number (SRN) that typically starts with an “I” e.g. I00076272. Broker sponsored shares are issued to you via CHESS and sponsored by a stockbroker.11 oct. 2018

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Note added at 42 mins (2018-10-20 00:53:31 GMT)
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11 oct. 2018 - Issuer sponsored shares are issued directly from the company and are maintained by a share registry. They are identified by a Securities Reference Number (SRN) that typically starts with an “I” e.g. I00076272. Broker sponsored shares are issued to you via CHESS and sponsored by a stockbroker.
What is the difference between "Issuer sponsored" and "CHESS ...
www.sharegiftaustralia.org.au/FAQRetrieve.aspx?ID=52303
Traducir esta página
Issuer sponsored shares: Shares that are managed by the issuer of those shares via the issuer's Share Registry. Issuer sponsored shares can be traded through any broker, providing conditions set out by that broker are met. ... CHESS sponsored shares: Shares that are registered with a stock broker.

David Hollywood
Local time: 22:26
Works in field
Native speaker of: English
PRO pts in category: 842
Login to enter a peer comment (or grade)

6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
patrocinio
Rebate


Explanation:
As I see it, we are looking at a rebate paid out to (member) borrowers of the credit union:

¿Cuál es la diferencia entre dividendo y patrocinio?
La diferencia entre dividendo y patrocinio es que el
pago de dividendo se realiza a todas aquellas personas
que poseen acciones de la Cooperativa y el pago de
patrocinio es para todas aquellas personas que tienen
préstamos en la Cooperativa. O sea, que el pago de
dividendo está basado en el balance promedio de la
cuenta de acciones y el de patrocinio en los intereses
pagados por el socio a la Cooperativa (a través de sus
préstamos) en un periodo de un año. (enero a
diciembre).


--------------------------------------------------
Note added at 6 hrs (2018-10-20 06:34:37 GMT)
--------------------------------------------------

You may prefer to use refund

--------------------------------------------------
Note added at 6 hrs (2018-10-20 06:54:04 GMT)
--------------------------------------------------

You get money back on your interest paid if a loan interest rebate is applied
https://www.dungannoncu.com/content.asp?section=196&bgc=&sbg...


    https://www.camuycoop.com/wp-content/uploads/Expresion-Camuy-Coop-abril-2016.pdf
Enrique Bjarne Strand Ferrer
Spain
Local time: 03:26
Specializes in field
Native speaker of: Native in NorwegianNorwegian, Native in SpanishSpanish
PRO pts in category: 22
Grading comment
Thank you!

Peer comments on this answer (and responses from the answerer)
agree  philgoddard: Maybe "loan rebate" would be better.
13 mins
  -> yes, agree. Edit: Loan interest rebate is prob. even better....

agree  Charles Davis: "Loan interest rebate" is spot on: "Lough Credit Union: Annual Dividends & Loan Interest Rebates" http://loughcu.ie/2016/12/19/annual-dividends-loan-interest-...
1 hr

agree  Luis M. Sosa
7 hrs
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