Glossary entry (derived from question below)
Spanish term or phrase:
fugar capitales
English translation:
siphon off/sneak out money (abroad)
Added to glossary by
Adrian MM. (X)
Dec 4, 2015 14:29
8 yrs ago
1 viewer *
Spanish term
fugar capitales
Spanish to English
Bus/Financial
Law (general)
I know that "fuga de capitales" is capital flight, but I can't seem to find the correct verb for the action of "fugar capitales." Text is from Argentina.
"En cuanto a fuga de capitales, antes quizás se fugaba por el mercado cambiario, es decir que una forma de fugar capitales era por esa vía."
and then later
"Vemos que, amparados en servicios de turismo, encontraban esa vía para comprar dólares y de esa manera sacaban divisas al exterior, era una forma de fugar capitales."
Thanks!
"En cuanto a fuga de capitales, antes quizás se fugaba por el mercado cambiario, es decir que una forma de fugar capitales era por esa vía."
and then later
"Vemos que, amparados en servicios de turismo, encontraban esa vía para comprar dólares y de esa manera sacaban divisas al exterior, era una forma de fugar capitales."
Thanks!
Proposed translations
(English)
| 3 +3 | siphon off (laundered) money (abroad) |
Adrian MM. (X)
|
| 5 | to create capital flight |
Francois Boye
|
| 3 | capital flows out |
Robert Carter
|
Change log
Dec 8, 2015 13:39: Adrian MM. (X) Created KOG entry
Dec 8, 2015 13:39: Adrian MM. (X) changed "Edited KOG entry" from "<a href="/profile/95262">Adrian MM. (X)'s</a> old entry - "fugar capitales"" to ""siphon off money (abroad)""
Proposed translations
+3
1 hr
Spanish term (edited):
(Arg.) fugar capitales
Selected
siphon off (laundered) money (abroad)
I assume that, in Argentina, this verb of fugar can be used transitively, G/hits being somewhat 'ambivalent and equivocal'.
Capitales: often> money-laundered ill-gotten gains-
Capitales: often> money-laundered ill-gotten gains-
4 KudoZ points awarded for this answer.
Comment: "Thanks! "
30 mins
Robert Carter
Mexico
Mexico
Native in English
Specializes in field
Mexico
Translating full-time since 1998
Native in: English (Variant: British) 
Works in: Spanish to English
Related KudoZ points
:
1376
capital flows out
...this is one of the ways capital flowed out (of the economy).
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Note added at 34 mins (2015-12-04 15:04:25 GMT)
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Capital outflow is considered undesirable... occurs when foreign and domestic investors sell off their assets in a particular country because they no longer perceive it as a safe investment...
http://www.investopedia.com/terms/c/capital-outflow.asp
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Note added at 35 mins (2015-12-04 15:05:31 GMT)
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capital is withdrawn from the country (flows out)
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Note added at 42 mins (2015-12-04 15:12:17 GMT)
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Perhaps you could use withdraw in that case, as the "flight" connotation would be implicit from the surrounding text.
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Note added at 45 mins (2015-12-04 15:15:35 GMT)
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Remove is perfectly acceptable, once again, given the context.
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Note added at 34 mins (2015-12-04 15:04:25 GMT)
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Capital outflow is considered undesirable... occurs when foreign and domestic investors sell off their assets in a particular country because they no longer perceive it as a safe investment...
http://www.investopedia.com/terms/c/capital-outflow.asp
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Note added at 35 mins (2015-12-04 15:05:31 GMT)
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capital is withdrawn from the country (flows out)
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Note added at 42 mins (2015-12-04 15:12:17 GMT)
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Perhaps you could use withdraw in that case, as the "flight" connotation would be implicit from the surrounding text.
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Note added at 45 mins (2015-12-04 15:15:35 GMT)
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Remove is perfectly acceptable, once again, given the context.
Note from asker:
| Thanks for the suggestion, Robert. My issue is that I am looking for an active verb rather than a passive one, to describe the individuals who wanted to do this. |
| Thanks. I was debating "remove" - what do you think? |
2 hrs
Francois Boye
United States
United States
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
:
167
to create capital flight
capital flight is the concept of economics alluded to by the text. See below:
https://en.wikipedia.org/wiki/Capital_flight
https://en.wikipedia.org/wiki/Capital_flight
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