English translation of "entregar valores en custodia o garantía" - "to tender moneys in custody or guarantee"

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142 months ago

Laura Tavolai (a guest user) asked this question:

Language pair:	Spanish > English
Subject:	Law / Certificates
Level of diffculty:	Easy / medium
Word or term in question:	entregar valores en custodia o garantía
Context:	Una de las facultades que tendrá el socio gerente de la sociedad de resp. limitada
Keywords:	partnership agreement

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Complete list of answers and comments

142 months ago

Vicki Santamaria wrote:

My comment:

I'm not sure about the rest, but in this context, "valores" are "shares" in a company. When someone becomes a partner in a company, they are given stock or shares in the company. I think it's saying that the shares can be held for the partner (in safekeeping--custodia) or can be used as collateral (garantía) for other business deals.

142 months ago

MACVieira wrote:

to tender moneys in custody or guarantee

My comment:

"valores" may have numerous translations in English, in a financial context. It may, on more general terms, be "assets", or moneys. It will depend on the rest of the document.

My references:

8 years of experience in the financial markets, working in a bank and drafting financial instruments for a large, well-known bank.

The asker rated this answer best