caución

English translation: bond (to guarantee faithful performance of their duties)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:caución
English translation:bond (to guarantee faithful performance of their duties)
Entered by: Michael Powers (PhD)

06:30 Aug 10, 2011
Spanish to English translations [PRO]
Bus/Financial - Finance (general)
Spanish term or phrase: caución
PAIS: MEXICO

La Asamblea General de Accionistas, el Administrador o el consejo designarán a los Gerentes y señalarán el tiempo que deban ejercer sus cargos, facultades, obligaciones y *caución*.
BDT
bond (to guarantee faithful performance of their duties)
Explanation:
"caución" of course means bond; however, there is one type of bond, commonly referred to as "caución de un administrador" and in this case it is a bond postd by a board member to guoarantee teh faithful performance of his or her duties, and in this context, it seems to be the one that is relevant.

Mike

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Note added at 4 days (2011-08-14 15:17:35 GMT) Post-grading
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My pleasure, BDT
Selected response from:

Michael Powers (PhD)
United States
Local time: 06:44
Grading comment
Thanks Michael!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2bond (to guarantee faithful performance of their duties)
Michael Powers (PhD)
4surety
eski


  

Answers


7 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
surety


Explanation:
surety:

We, the undersigned, jointly and severally, undertake and agree that ...., who has been elected (or appointed) .... officer or employee shall furnish a bond with a licensed surety .... or employed by the officer in his or her office of their duties and ...... powers and duties of an authority under this subchapter. ...
NRS: CHAPTER 459 - HAZARDOUS MATERIALS
www.leg.state.nv.us/nrs/nrs-459.html - CachedNRS 459.38195 Investigation of certain accidents: Powers and duties of Division; ... surety or other person providing evidence of financial responsibility. .... It is the policy of the party states to undertake such cooperation on a .... of the party states of their subdivisions in nuclear and related fields, ...
CHAPTER 187* CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY
www.cga.ct.gov/2011/pub/chap187.htm - CachedEnforcement of rights and duties. Sec. 10a-190a. .... shall undertake the financing and construction or acquisition of a project .... (d) (1) The powers of the authority shall be vested in and exercised by a board of directors. ... no compensation for the performance of their duties hereunder but each such member ...
[PDF] Saskatchewan Insurance Act
www.qp.gov.sk.ca/documents/English/Statutes/Statutes/S26.pd... Format: PDF/Adobe Acrobat
Appointment, powers and duties of superintendent and deputy ..... (b) were authorized by law at the time of their acquisition. ...... 109.1 Failure to provide notice of a claim within the time required by a surety ...... insured or between the insurers as to which insurer shall undertake the obligation ...

eski
Mexico
Local time: 04:44
Works in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 12
Login to enter a peer comment (or grade)

4 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
bond (to guarantee faithful performance of their duties)


Explanation:
"caución" of course means bond; however, there is one type of bond, commonly referred to as "caución de un administrador" and in this case it is a bond postd by a board member to guoarantee teh faithful performance of his or her duties, and in this context, it seems to be the one that is relevant.

Mike

--------------------------------------------------
Note added at 4 days (2011-08-14 15:17:35 GMT) Post-grading
--------------------------------------------------

My pleasure, BDT

Michael Powers (PhD)
United States
Local time: 06:44
Native speaker of: English
PRO pts in category: 589
Grading comment
Thanks Michael!

Peer comments on this answer (and responses from the answerer)
agree  Rafael Molina Pulgar
5 hrs
  -> Thank you, Rafael - Mike

agree  Paul García
7 hrs
  -> Thank you, Paul - Mike
Login to enter a peer comment (or grade)



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