Glossary entry

Italian term or phrase:

ceduti

English translation:

ceded

Added to glossary by Peter Waymel
Dec 22, 2018 00:30
5 yrs ago
2 viewers *
Italian term

ceduti

Italian to English Law/Patents Law: Contract(s) statute of a foundation
Hi,

I'm trying to understand the sense of "ceduto" here; this is an article of the statue of a charitable foundation:


"In qualunque momento sarà possibile incrementare il patrimonio iniziale attraverso la destinazione di beni privati ad uso pubblico, ceduti dai fondatori o da terzi, inerenti alle finalità fondazionali su accordo del Consiglio di Fondazione."

Is the idea that the founder and third parties may sell private property on the condition that it be used for a public use in accordance with the ends of the Foundation, and give the assets to the foundation? Or that the founder or third parties may sell the Foundation's private properties, on the same condition, thereby increasing by the sale the Foundation's assets?

Thank you!

Peter
Proposed translations (English)
4 +2 ceded
4 ceded/donated/given

Discussion

Marco Solinas Dec 22, 2018:
To: Asker I think they mean that the founders or third parties donate assets to the foundation and the foundation can assign these assets (for public use) and use the proceeds of this assignment to increase its initial capital.

Proposed translations

+2
1 hr
Selected

ceded

I would say

--------------------------------------------------
Note added at 2 hrs (2018-12-22 03:13:40 GMT)
--------------------------------------------------

not broke don't fix it
Peer comment(s):

agree philgoddard
5 hrs
thanks Phil
agree Peter Cox
8 hrs
thanks Peter
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you, David."
6 hrs

ceded/donated/given

I think you can use either of these. 'Cedutoi' is really 'sold' : https://www.collinsdictionary.com/dictionary/italian-english... but it does not seem to have the same meaning here, so you can use either of the ones suggested. I also suggest 'transferred'.
Something went wrong...
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