Glossary entry

Spanish term or phrase:

activos para hipotecar

English translation:

assets to use as collateral

Added to glossary by Manuel Aburto
Nov 9, 2022 11:56
1 yr ago
26 viewers *
Spanish term

activos para hipotecar

Spanish to English Bus/Financial Finance (general) Finance
Buen día,

Cabe destacar que en este contexto, "activos" se refiere a los ingresos generados por las familias de las personas que planean emigrar.

En cuanto a la fuente de financiamiento del viaje, los datos que arroja el diagnóstico refieren el predominio del entorno familiar como principal factor de apoyo y financiamiento. Sin embargo, la influencia del prestamista es fuerte, el cual al vincularse con la opción “venta de activo” aumenta su involucramiento hasta alcanzar casi la mitad de las fuentes de financiamiento.

Es notoria la influencia que tienen los prestamistas que en ocasiones son los mismos “coyotes” o tienen cercana relación a estos en la decisión de migrar de manera irregular. Si bien los ingresos que generan los hogares que participaron en el estudio son bajos y por tanto no cuentan con **activos para hipotecar**. En la actualidad los
préstamos se fundamentan en el pago que los mismos migrantes están obligados a realizar en cuanto llegan a su destino final y comienzan a generar ingresos.
Votes to reclassify question as PRO/non-PRO:

Non-PRO (1): Adrian MM.

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Discussion

philgoddard Nov 9, 2022:
You seem to be arguing against yourself. A mortgage is a loan from a bank or other financial institution, secured against buildings or land. It would not cover something like a man giving his car or his family's jewelry as collateral to a loan shark or a pawnbroker.
Ana Vozone Nov 9, 2022:
Mortgage vs. collateral In the event the borrower becomes incapable of making payments, the lender can seize the collateral to make up for their financial loss. A mortgage, on the other hand, is a loan specific to housing where the real estate is the collateral.

Is mortgage the same as collateral?
Collateral

Personal loans are unsecured and collateral-free. Mortgage loans are secured and require the borrower to mortgage a property as collateral.

https://www.google.com/search?q=mortgage vs collateral&oq=mo...

Proposed translations

+3
37 mins
Selected

assets to use as collateral

This is English to Spanish, but supports my answer:
http://dictionary.studysite.org/Spanish-meaning-of-mortgage.

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Note added at 6 hrs (2022-11-09 18:47:07 GMT)
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Belongings and possessions are assets!
Note from asker:
Puesto que se trata de personas de bajos recursos que en su intento de migrar venden todos sus bienes, aunque algunas veces venden sus casas y autos, me parece que "assets" no sería tan adecuado en este contexto, quizas "belongings/possessions" quizas?
Right Phil. Thanks again.
Thanks Neil for seconding my idea.
Peer comment(s):

agree Luis M. Sosa : Agree. Would say question is PRO.
3 hrs
agree neilmac : I agree with Manuel that "belongings and possessions" feels more appropriate for the people described. Rich folk have assets, The poor have meagre belongings.
20 hrs
agree Robert Carter : Actually, Neil, that's what the text is saying, i.e., they don't have them, so I think assets is fine here, especially given this looks like a formal/academic text.
1 day 1 hr
Something went wrong...
4 KudoZ points awarded for this answer.
4 hrs

mortgageable assets

If the assets are real estate, this would be my suggestion.

https://www.google.com/search?q="mortgageable assets"&sxsrf=...
Example sentence:

They also give developers a convenient legal mechanism and transferable and mortgageable assets for attracting funds to finance residential

Something went wrong...
16 hrs

collateralizable assets

self-evident
Something went wrong...
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