Glossary entry

Portuguese term or phrase:

participação económica em negócio

English translation:

financial complicity in business fraud (misappropriation / corporate misfeasance> AmE: misapplication)

Added to glossary by Adrian MM.
Jul 2, 2022 18:19
1 yr ago
14 viewers *
Portuguese term

participação económica em negócio

Portuguese to English Bus/Financial Finance (general)
Boas colegas!
Em Angola e em Portugal (não sei como esse crime é chamado no Brasil) existe esse crime conforme reza o título que está ligado ao crime de corrupção/peculato.
Encontrei algures a tradução como "graft and corruption"
Any thoughts?
Agradeço desde já!
Abraço!
Change log

Jul 9, 2022 08:29: Adrian MM. changed "Edited KOG entry" from "<a href="/profile/862486">Valter Miranda's</a> old entry - "participação económica em negócio"" to ""financial complicity in business fraud (misappropriation > AmE: misapplication of corporate funds)""

Proposed translations

1 day 0 min
Selected

financial complicity in business fraud (misappropriation > AmE: misapplication of corporate funds)

Certainly 'graft & corruption' is an IATE termonological database entry.

What Phil G. describes in his refeence is more akin to malfeasance (naughty, deilberate misconduct) vs. (UK: negligent rather than deliberate) misfeasance proceedings against co. directors or non-feasance (an omission)) and that I have tried to explain umpteen times on ProZ, so won't bother again.
Example sentence:

IATE: LAW Consilium pt participação económica em negócio Consilium en graft and corruption Consilium

This report discusses the issue of financial complicity analysing the impact that lending may have on Governments engaged in gross human rights

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4 KudoZ points awarded for this answer. Comment: "Obrigado a todos! Parece-me ser a resposta mais lógica!"
15 mins

financial participation in a business

É muito literal, não gosto, mas é utilizado em textos "oficiais".

https://www.google.com/search?q=" financial participation in...
Example sentence:

abduction, incitement to prostitution (Lenocínio), corruption, embezzlement (Peculato) and financial participation in a business, harmful administration

Peer comment(s):

neutral philgoddard : But this is isn't a crime.
8 hrs
I think it is if, for instane, you are a politician and get involved in the approval of a profitable project by a company which belongs to a relative... just an example...
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47 mins

financial support/backing of illegal business activities

Funds that are illegally funneled into the coffers of illicit business entities that carry out their own kinds of illegal and/or unethical activities for profit.
Peer comment(s):

neutral philgoddard : No, you've guessed incorrectly.
17 hrs
Not sure at all that I've done that. But since I don't think like or understand the reasoning of criminals, you might be right in your assessment.
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54 mins

Participation or involvement in white-collar crime

Sugestão.

It looks like the term in question refers to what is called in English as white-collar crime: A non-violent type of crime that may include public corruption, fraud, money laundering, and so on.
Peer comment(s):

neutral philgoddard : But as your reference shows, that's "crime do colarinho branco"
16 hrs
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Reference comments

17 hrs
Reference:

Definition

http://bdjur.almedina.net/item.php?field=node_id&value=81800

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Note added at 17 hrs (2022-07-03 12:15:05 GMT)
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I'm not sure how I'd translate this but, if I understand correctly, it means stealing money from a company you're administering by virtue of your position in public office.

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Note added at 17 hrs (2022-07-03 12:17:21 GMT)
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For example, if it's bankrupt.
Peer comments on this reference comment:

neutral Barbara Cochran, MFA : Seems you are not all that sure yourself what the asker's term actually means. Well, at least we all tried to help.
17 mins
I do know what it means, and unlike you I provided a reference.
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