Glossary entry (derived from question below)
Spanish term or phrase:
cometer(les) comisiones de confianza
English translation:
appoint (them) trustees; entrust them with factorships; appoint (them) as commission agents
Added to glossary by
Joshua Parker
May 21, 2020 21:09
3 yrs ago
63 viewers *
Spanish term
cometerles comisiones de confianza
Spanish to English
Bus/Financial
Finance (general)
Chilean power of attorney /By-laws
From the by-laws of a Chilean "sociedad por acciones"; the text is referring to the powers granted to the "Administrador" of the company.
El Administrador tendrá las siguientes facultades especiales:
[...]
Once/ Representar al Poderdante ante los bancos nacionales o extranjeros, con las más amplias facultades que puedan necesitarse; darles instrucciones; **cometerles comisiones de confianza**; abrir cuentas corrientes bancarias de crédito y/o depósito y cuentas de ahorro; ...
From what I can tell, a "comisión de confianza" is just a trust, so here I think this just means "set up bank trusts" (i.e. with the bank as trustee). Ideas?
Into U.S. English.
El Administrador tendrá las siguientes facultades especiales:
[...]
Once/ Representar al Poderdante ante los bancos nacionales o extranjeros, con las más amplias facultades que puedan necesitarse; darles instrucciones; **cometerles comisiones de confianza**; abrir cuentas corrientes bancarias de crédito y/o depósito y cuentas de ahorro; ...
From what I can tell, a "comisión de confianza" is just a trust, so here I think this just means "set up bank trusts" (i.e. with the bank as trustee). Ideas?
Into U.S. English.
Proposed translations
20 hrs
Adrian MM.
Austria
Austria
Native in English
Specializes in field
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: British, Scottish) 
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
Related KudoZ points
:
143
Spanish term (edited):
(Chi) cometerles comisiones de confianza
Selected
appoint them trustees; entrust them with factorships
I am afraid all of my refs. disappeared, so I'll just leave a barebones answer.
I think this is a factorship / bank accepting orders to buy and sell stocks or executorships of Wills - not financial factoring, nor factorage = commission payment scene, but an agency.
comisión de confianza > trust (Rob: Chile > West)-
--------------------------------------------------
Note added at 20 heures (2020-05-22 18:07:26 GMT)
--------------------------------------------------
---- Louis A. Robb SPA/ENG dictionary and not our Robert C. on this lingo combination....
I think this is a factorship / bank accepting orders to buy and sell stocks or executorships of Wills - not financial factoring, nor factorage = commission payment scene, but an agency.
comisión de confianza > trust (Rob: Chile > West)-
--------------------------------------------------
Note added at 20 heures (2020-05-22 18:07:26 GMT)
--------------------------------------------------
---- Louis A. Robb SPA/ENG dictionary and not our Robert C. on this lingo combination....
4 KudoZ points awarded for this answer.
Comment: "After reviewing all the references and input, I came to the conclusion that this was referring to "appointing them (= the banks) as commission agents" in "comisiones de confianza", the definition of which at https://www.bcp.com.bo/Empresas/Fideicomisos seems to match (more or less) the "comisión mercantil" in Mexico, as per J. Becerra: https://diccionariojfbecerra.com/blog/principal-and-agent
I think Adrian is right in his understanding here (and this comes closest to my understanding), though I think I'll phrase it slightly differently."
19 hrs
Francois Boye
United States
United States
Specializes in field
United States
An economic geek with social skills
Native in: French 
Works in: English to French, French to English, Spanish to English, and 1 more.
Related KudoZ points
:
335
to charge them trusteeship commissions
Comisiones de Confianza. Son encargos en las que el COMISIONISTA se obliga a ejecutar por cuenta y riesgo del COMITENTE actos o gestiones determinadas. ... La comisión de confianza se formaliza a través de un contrato privado con o sin representación.
Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any person who holds property, authority, or a position of trust or responsibility to transfer the title of ownership to the person named as the new owner, in a trust instrument, called a beneficiary. A trustee can also refer to a person who is allowed to do certain tasks but not able to gain income, although that is untrue.[1] Although in the strictest sense of the term a trustee is the holder of property on behalf of a beneficiary,[1] the more expansive sense encompasses persons who serve, for example, on the board of trustees of an institution that operates for a charity, for the benefit of the general public, or a person in the local government.
Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any person who holds property, authority, or a position of trust or responsibility to transfer the title of ownership to the person named as the new owner, in a trust instrument, called a beneficiary. A trustee can also refer to a person who is allowed to do certain tasks but not able to gain income, although that is untrue.[1] Although in the strictest sense of the term a trustee is the holder of property on behalf of a beneficiary,[1] the more expansive sense encompasses persons who serve, for example, on the board of trustees of an institution that operates for a charity, for the benefit of the general public, or a person in the local government.
22 hrs
set up escrow accounts
The best example of escrow is during the sale of real property. The bank, or escrow company opens an escrow account and holds the buyer's money, which is deposited there until certain requirements are met - title searches, lies, claims on the property - before the sale is finalized and the money passed to the seller.
https://www.wordreference.com/es/translation.asp?tranword=es...
https://www.wordreference.com/es/translation.asp?tranword=es...
2 days 10 hrs
Lisa Rosengard
United Kingdom
United Kingdom
Native in English
Works in field
United Kingdom
experienced and well qualified linguist
Native in: English (Variant: UK)
Works in: Spanish to English, English, Spanish, and 3 more.
Related KudoZ points
:
4
to assign responsible trading committees (to them)
'cometer' could mean to commit or to assign, but I'm not sure who the 'les' (to them) would be. I saw 'ante los bancos' so the 'les' could refer to the banks or 'las más amplias facultades' (the larger faculties or the greater powers/authorities).
Example sentence:
El Administrador tendrá las siguientes facultades especiales: representar al poderante ante los bancos nacionales o extranjeros, con las más amplias facultades que puedan necesitarse, darles instrucciones,..abrir cuentas bancarias corrientes o de ahorro
The Administrator will be especially authorized to do the following: to represent the Governor before national or foreign banks, with greater influential leadership which may be needed, to pass instructions to open current accounts and savings accounts.
Note from asker:
| Yes, "les" would have to the banks here. |
| * be |
Reference comments
1 hr
AllegroTrans
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Sensible solutions
Native in: English (Variant: Wessexois)
Works in: French to English, English, English to French
Related KudoZ points
:
251
Reference:
Suggest looking at these links
Fideicomisos y Comisiones de Confianza - Banco de Crédito ...
www.bcp.com.bo › Empresas › Fidei...
Translate this page
Por el Fideicomiso una persona (llamada Fideicomitente) transmite uno o más bienes a un banco (llamado Fiduciario) quien se obliga a administrarlos o ...
Comisiones de Confianza - Banco de la Nación
www.bn.com.pe › fideicomisos › co...
Translate this page
Comisiones de Confianza. Son encargos en las que el COMISIONISTA se obliga a ejecutar por cuenta y riesgo del COMITENTE actos o gestiones ...
www.bcp.com.bo › Empresas › Fidei...
Translate this page
Por el Fideicomiso una persona (llamada Fideicomitente) transmite uno o más bienes a un banco (llamado Fiduciario) quien se obliga a administrarlos o ...
Comisiones de Confianza - Banco de la Nación
www.bn.com.pe › fideicomisos › co...
Translate this page
Comisiones de Confianza. Son encargos en las que el COMISIONISTA se obliga a ejecutar por cuenta y riesgo del COMITENTE actos o gestiones ...
2 hrs
Taña Dalglish
Jamaica
Jamaica
Native in English
Works in field
Jamaica
Translating the Ideas Behind the Words
Native in: English (Variant: British)
Works in: Spanish to English, English to Spanish, French to English, and 2 more.
Related KudoZ points
:
258
Reference:
Refs.
cometerles comisiones de confianza > to charge them escrow (fees/commission)
El escrow no es un fideicomiso, sino una comisión de confianza que tiene como propósito un fin muy específico. Generalmente, lo que se administran son dineros en plazos relativamente cortos para garantizar una operación de compra/venta entre terceras personas, físicas o jurídicas.
Scotiabank ofrece el servicio de administración de ...scotiabankfiles.azureedge.net › PDF
PDFTranslate this page
Comisiones de confianza (Escrow). El escrow no es un fideicomiso, sino una comisión de confianza que tiene como propósito un fin muy específico.
EL CONTRATO ESCROW, FIGURAS AFINES Y SU ...iij.ucr.ac.cr › uploads › 2017/06 › El...PDF - Translate this page
Palabras claves: Escrow, Fideicomiso de Garantía, Fideicomiso de Administración,. Comisión de Confianza, Depósito, Mandato. Page 15. 1. Introducción. A. Tema ...
by E López Araya - 2013 - Cited by 2 - Related articles
Fideicomisos y Comisiones de Confianza - Banco de Crédito ...www.bcp.com.bo › Empresas › Fidei...
Translate this page
Comisión de Confianza. Es un mandato sin representación por el cual el comisionista contrata, por cuenta de su cliente, la ejecución de un acto o negocio ...
El escrow no es un fideicomiso, sino una comisión de confianza que tiene como propósito un fin muy específico. Generalmente, lo que se administran son dineros en plazos relativamente cortos para garantizar una operación de compra/venta entre terceras personas, físicas o jurídicas.
Scotiabank ofrece el servicio de administración de ...scotiabankfiles.azureedge.net › PDF
PDFTranslate this page
Comisiones de confianza (Escrow). El escrow no es un fideicomiso, sino una comisión de confianza que tiene como propósito un fin muy específico.
EL CONTRATO ESCROW, FIGURAS AFINES Y SU ...iij.ucr.ac.cr › uploads › 2017/06 › El...PDF - Translate this page
Palabras claves: Escrow, Fideicomiso de Garantía, Fideicomiso de Administración,. Comisión de Confianza, Depósito, Mandato. Page 15. 1. Introducción. A. Tema ...
by E López Araya - 2013 - Cited by 2 - Related articles
Fideicomisos y Comisiones de Confianza - Banco de Crédito ...www.bcp.com.bo › Empresas › Fidei...
Translate this page
Comisión de Confianza. Es un mandato sin representación por el cual el comisionista contrata, por cuenta de su cliente, la ejecución de un acto o negocio ...
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