Glossary entry (derived from question below)
Spanish term or phrase:
contrapartida/contraparte
English translation:
(principal) party/counterparty
Added to glossary by
Karen Rosenberg
Nov 21, 2019 16:19
4 yrs ago
4 viewers *
Spanish term
Spain
Works in: English to Spanish, Spanish to English, French to English, and 1 more.
contrapartida/contraparte
Spanish to English
Bus/Financial
Business/Commerce (general)
servicios de cambio de divisas en relación con las órdenes de clientes relativas a las IIC, donde xxxx actúa como principal/contrapartida siendo el cliente su contraparte.
I find 'counterparty' for contrapartida and 'counterparty' for contraparte......
Are there two different terms??
many thanks for any help
I find 'counterparty' for contrapartida and 'counterparty' for contraparte......
Are there two different terms??
many thanks for any help
Proposed translations
(English)
| 3 +1 | (principal) party/counterparty |
Juan Arturo Blackmore Zerón
|
| 4 +2 | counterparty |
Andrea Capuselli
|
| 1 | counterparty / counterpart |
Andres Larsen
|
Proposed translations
+1
6 hrs
Juan Arturo Blackmore Zerón
Mexico
Mexico
Native in Spanish
Specializes in field
Mexico
Confianza, certeza, creatividad.
Native in: Spanish (Variant: Mexican)
Works in: English to Spanish, Italian to Spanish, French to Spanish, and 6 more.
Related KudoZ points
:
8
Selected
(principal) party/counterparty
Accordingly to your text I would call the principal/contrapartida as principal/main/party and the client/contraparte as counterparty.
4 KudoZ points awarded for this answer.
Comment: "many thanks"
+2
1 hr
Andrea Capuselli
Native in Spanish
Literary and academic translations.
Native in: Spanish (Variants: Argentine, Latin American) 
Works in: English to Spanish, Spanish to English, Spanish, and 1 more.
counterparty
Counterpart is a thing complementary to another, a general term; while counterparty refers to the second party in a legal or financial transaction. In this case, both terms in Spanish would translate into the English counterparty!
Peer comment(s):
| neutral |
philgoddard
: I agree that they both seem to mean counterparty, but then what does the whole sentence mean? It doesn't make sense to me.
57 mins
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Thank you, Phil! I would agree with Juan Arturo for this particular phrase, that the original text was referring to "main party" and "counterparty" (seller and buyer, for currency exchange).
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| agree |
Robert Carter
: Exactly, in English, each party on the opposite end of a transaction is a counterparty.
9 hrs
|
| agree |
Abril Luhan
21 hrs
|
1 hr
Andres Larsen
Venezuela
Venezuela
Native in English
Venezuela
freelance translator
Native in: English 
Works in: Spanish to English, English to Spanish, German to English, and 3 more.
Related KudoZ points
:
9
counterparty / counterpart
Currency exchange services referred to customer orders regarding Collective Investment Institutions, where xxxx acts as principal / counterparty, with the customer being its counterpart
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