material right

Spanish translation: derecho sustancial

14:29 Feb 17, 2017

English to Spanish translations [PRO]
Bus/Financial - Accounting / standards

English term or phrase: material right

Hola chicos, que entienden por material right?

If, in a contract, an entity grants a customer the option to acquire additional goods or services, that option gives rise to a performance obligation in the contract only if the option provides a material right to the customer that it would not receive without entering into that contract (for example, a discount that is incremental to the range of discounts typically given for those goods or services to that class of customer in that geographical area or market).
If the option provides a material right to the customer, the customer in effect pays the entity in advance for future goods or services, and the entity recognizes revenue when those future goods or services are transferred or when the option expires.

lilyflower06 KudoZ activity Questions: 45 (1 open) (6 closed without grading) Answers: 0 Chile
Local time: 09:05

Spanish translation:derecho sustancial

Explanation:

Yo me decantaría por sustancial, pero también valdría importante, significativo, etc. Es una de las acepciones del inglés "material", se utiliza con mucha frecuencia en textos jurídicos.

¡Suerte!

Selected response from:

Rebeca Martín Lorenzo
Spain
Local time: 15:05

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4 KudoZ points were awarded for this answer

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5 +3

derecho sustancial

Rebeca Martín Lorenzo

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peer agreement (net): +3

derecho sustancial

Rebeca Martín Lorenzo
Spain
Local time: 15:05
Works in field
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Spanish
PRO pts in category: 4

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material right

Spanish translation: derecho sustancial

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