cantidad vencida, liquida y exigible

English translation: due, liquid and payable

10:51 Jun 29, 2009
Spanish to English translations [PRO]
Finance (general)
Spanish term or phrase: cantidad vencida, liquida y exigible
Hi all! I am translating the terms and conditions for a bank promotion, but I am not very familiar with financial English and this not one of my usual subject areas. I have the following sentence:

Los clientes que durante el periodo de Participación, sean deudores frente a Bancaja por cualquier cantidad vencida, liquida y exigible.

Can anyone help with vencida, líquida and exigible?

Thanks :)
ganzinblau
Spain
Local time: 16:54
English translation:due, liquid and payable
Explanation:
Liquid:
A debt is liquid where it is for a certain settled amount and is immediately payable to the debtor.

In compensation the debts must both be liquid, or capable of immediate liquidation. A debt is deemed liquid when it is actually due and the amount ascertained, 'Cum certum an et quantum debeatur.' But if the debt itself be contested, and the creditor has not his proof ready; or if the amount is disputed, and it depend on a long discussion what is to be adjudged due; the debtor will not be allowed to avoid the payment of what is liquid and due till that litigation be terminated.
http://www.publications.parliament.uk/pa/ld200304/ldjudgmt/j...

Another option

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Note added at 1 hr (2009-06-29 12:24:01 GMT)
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liquid debt Noun
Plural: liquid debts
deuda vencida y exigible; Synonyms: due debt
Selected response from:

ELIZABETH OROZC
Local time: 07:54
Grading comment
Thanks :)
3 KudoZ points were awarded for this answer



Summary of answers provided
4 +1due, liquid and payable
ELIZABETH OROZC
4any amount which is due, cleared and payable on demand
Ruth Ramsey
4amount due, realizable, and demandable
argosys


  

Answers


8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
any amount which is due, cleared and payable on demand


Explanation:
I would translate "exigible" as payable on demand.

Ruth Ramsey
United Kingdom
Local time: 15:54
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 127
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
due, liquid and payable


Explanation:
Liquid:
A debt is liquid where it is for a certain settled amount and is immediately payable to the debtor.

In compensation the debts must both be liquid, or capable of immediate liquidation. A debt is deemed liquid when it is actually due and the amount ascertained, 'Cum certum an et quantum debeatur.' But if the debt itself be contested, and the creditor has not his proof ready; or if the amount is disputed, and it depend on a long discussion what is to be adjudged due; the debtor will not be allowed to avoid the payment of what is liquid and due till that litigation be terminated.
http://www.publications.parliament.uk/pa/ld200304/ldjudgmt/j...

Another option

--------------------------------------------------
Note added at 1 hr (2009-06-29 12:24:01 GMT)
--------------------------------------------------

liquid debt Noun
Plural: liquid debts
deuda vencida y exigible; Synonyms: due debt


ELIZABETH OROZC
Local time: 07:54
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 11
Grading comment
Thanks :)

Peer comments on this answer (and responses from the answerer)
agree  Olga María Piaggio
2 hrs
  -> Thanks Olga
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9 days   confidence: Answerer confidence 4/5Answerer confidence 4/5
amount due, realizable, and demandable


Explanation:
The viewpoint is that of the bank as creditor. The bank cannot determine offhand that the debt is "liquid", and the synonym "realizable" (see thesaurus.reference.com) seems to be the more appropriate adjective in this context.

argosys
Local time: 22:54
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 102
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