Glossary entry

Spanish term or phrase:

caución (in this context)

English translation:

surety or surety bond

Added to glossary by patyjs
Oct 10, 2010 16:54
13 yrs ago
43 viewers *
Spanish term

caución (in this context)

Spanish to English Law/Patents Law (general)
From corporate bylaws.

"CAUCIÓN - Al tomar posesión de sus cargos los miembros del Consejo de Administración otorgarán como garantía de sus gestiones la caución que, en su caso, fije la Asamblea General Ordinaria de Accionistas, en el entendido que dicha Asamblea podrá eximir el otorgamiento de la garantía."

Thanks!

Proposed translations

1 day 13 hrs
Selected

surety or surety bond

Either surety or surety bond should work depending on all of the ins and outs of the situation.

Check the below Wikipedia reference for surety.

According to the Merriam-Webster Dictionary one of the definitions for surety is, " a formal engagement (as a pledge) given for the fulfillment of an undertaking" which seems to fit this situation to a T.

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4 KudoZ points awarded for this answer. Comment: "Thanks, Meezermex!"
+1
11 mins

warranty

Peer comment(s):

agree Trujaman
25 mins
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+1
51 mins

bond (or guaranty)

Mi sugerencia.
Peer comment(s):

agree Arianna Aguilar : Isn't caucion sort of an appearance bond?
20 mins
Muchas gracias Adrianna.I think not in this case.
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2 hrs

caution deposit

a caution deposit is a refundable amount of money kept in order to ensure that;
- there is some money to cover any possible damage when a person leaves a house or loses something.
- that an agreement is kept to.

the caution deposit is returned when the property is returned to the original owner/ when the property is passed on to someone else, in which case they will provide the caution deposit.

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Note added at 2 hrs (2010-10-10 19:25:33 GMT)
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www.romaclick.com/vivaldi-de-luxe-apartment-rome/



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Note added at 3 hrs (2010-10-10 20:08:52 GMT)
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if you go with guaranty check which spelling you should use (guarentee)
Example sentence:

Delivery of certificates and refund of Caution Deposit. In order to ensure speedy refund of CD

The caution deposit is refunded when a student graduates or leaves the college.

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