Aug 8, 2019 08:10
4 yrs ago
18 viewers *
Spanish term
Carven
sin perjuicio de la aplicación del interés legal
Spanish to English
Law/Patents
Law (general)
Pago del servicio, siendo el impago causa de rescisión del contrato sin perjuicio de la aplicación del interés legal del dinero sobre importe adeudado.
Proposed translations
(English)
Change log
Aug 8, 2019 08:10: Karen Zaragoza changed "Kudoz queue" from "In queue" to "Public"
Aug 8, 2019 08:10: Karen Zaragoza changed "Vetting" from "Needs Vetting" to "Vet OK"
Proposed translations
-1
5 days
Georgina Grigioni
Argentina
Argentina
Native in Spanish
Specializes in field
Argentina
Legal, Business, Education & Health
Native in: Spanish (Variants: Latin American, Argentine) 
Works in: English to Spanish, Spanish to English
Related KudoZ points
:
16
Selected
notwithstanding the application of statutory interest
I think "statutory interest" is more accurate here.
4 KudoZ points awarded for this answer.
Comment: "I agree with this ine the most!
"
31 mins
without prejudice to the application of legal interest
Spain. In Spain, liability for non-payment of money includes interest, either at an agreed upon rate or the legal rate.97 Compound interest is permitted if judicially demanded, “even if the obligation is silent on this point.”98
https://ouclf.iuscomp.org/compound-interest-in-international...
Artículo 1109, Codigo Civil
Los intereses vencidos devengan el interés legal desde que son judicialmente reclamados, aunque la obligación haya guardado silencio sobre este punto.
Interest due shall produce legal interest from the date on which it was judicially demanded, even if the obligation is silent on this point.
The Civil Law in Spain and Spanish-America: Including Cuba, Puerto ...
https://books.google.co.uk/books?isbn=158477245X
https://ouclf.iuscomp.org/compound-interest-in-international...
Artículo 1109, Codigo Civil
Los intereses vencidos devengan el interés legal desde que son judicialmente reclamados, aunque la obligación haya guardado silencio sobre este punto.
Interest due shall produce legal interest from the date on which it was judicially demanded, even if the obligation is silent on this point.
The Civil Law in Spain and Spanish-America: Including Cuba, Puerto ...
https://books.google.co.uk/books?isbn=158477245X
Peer comment(s):
| neutral |
AllegroTrans
: Definitely right idea but "legal" interest only implies legality whereas "statutory" interest is a specific rate set by legislation
2 days 5 hrs
|
+1
5 hrs
AllegroTrans
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Sensible solutions
Native in: English (Variant: Wessexois)
Works in: French to English, English, English to French
Related KudoZ points
:
1668
without prejudice to the right to apply statutory interest
What does statutory interest rate mean?
A legal rate of interest is the highest rate of interest that can be legally charged on any type of debt, for which a lender must adhere to.30 Apr 2019
Legal Rate of Interest Definition - Investopedia
https://www.investopedia.com/terms/l/legal-rate-of-interest....
The interest you can charge if another business is late paying for goods or a service is 'statutory interest' - this is 8% plus the Bank of England base rate for business to business transactions. You cannot claim statutory interest if there's a different rate of interest in a contract.
Late commercial payments: charging interest and debt recovery ...
https://www.gov.uk/late-commercial...interest-debt.../chargi...
A legal rate of interest is the highest rate of interest that can be legally charged on any type of debt, for which a lender must adhere to.30 Apr 2019
Legal Rate of Interest Definition - Investopedia
https://www.investopedia.com/terms/l/legal-rate-of-interest....
The interest you can charge if another business is late paying for goods or a service is 'statutory interest' - this is 8% plus the Bank of England base rate for business to business transactions. You cannot claim statutory interest if there's a different rate of interest in a contract.
Late commercial payments: charging interest and debt recovery ...
https://www.gov.uk/late-commercial...interest-debt.../chargi...
-1
6 hrs
Enrique Soria
Mexico
Mexico
Native in Spanish
&
English
Specializes in field
Mexico
Professional Wordsmith For Hire
Native in: English (Variant: US) 
, Spanish (Variant: Mexican)
Works in: Spanish to English, English to Spanish, English, and 1 more.
Related KudoZ points
:
45
without affecting the accrual of legal interest
This would be what is most common in the US. Statutory interest and legal interest are two different concepts in the US.
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Note added at 6 hrs (2019-08-08 14:21:05 GMT)
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In financial English, interest is accrued or charged, not applied .
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Note added at 6 hrs (2019-08-08 14:21:05 GMT)
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In financial English, interest is accrued or charged, not applied .
Peer comment(s):
| disagree |
AllegroTrans
: it's not about it being "affected" and by suggesting this term you have ignored completely the vital and important words "without prejudice"
2 days 11 mins
|
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