Glossary entry (derived from question below)
Spanish term or phrase:
por anulación de créditos
English translation:
cancellation of appropriations
Added to glossary by
patinba
Sep 8, 2021 22:11
2 yrs ago
27 viewers *
Spanish term
por anulación de créditos
Spanish to English
Law/Patents
Law (general)
Spain - government employees
I don't think this means "loans" and am wondering if "cancellation of appropriations" is accurate in this context? Thanks in advance for any suggestions.
Para aplicar las normas anteriores con los efectos previstos se procederá por las Habilitaciones y por los Servicios de Hacienda como sigue:
Se practicarán a cada funcionario liquidaciones independientes por el cuarto trimestre de 19615 y por todo el año 1966. Estas liquidaciones comprenderán dos partes: lo que les corresponda percibir por sueldos, trienios y pagas extraordinarias y lo que les corresponda percibir por toda clase de complementos e incentivos, de acuerdo con las normas de la presente Orden.
(...)
Servirá de base de financiación para liquidar el anticipo de la cuenta de Tesorería, los remanentes de la Tesorería del presupuesto propia obtenidos por anulación de créditos de los artículos 110 y 120 de los ejercicios 1965 y 1966 Y por el importe de la recaudación de tasas en la forma prevista en las bases quinta y sexta del article quinto de la Ley de Presupuestos.
No quedan afectados por la reforma de retribuciones los créditos 141.125, 231.121; 242.:111, a) y 243.111.
Para aplicar las normas anteriores con los efectos previstos se procederá por las Habilitaciones y por los Servicios de Hacienda como sigue:
Se practicarán a cada funcionario liquidaciones independientes por el cuarto trimestre de 19615 y por todo el año 1966. Estas liquidaciones comprenderán dos partes: lo que les corresponda percibir por sueldos, trienios y pagas extraordinarias y lo que les corresponda percibir por toda clase de complementos e incentivos, de acuerdo con las normas de la presente Orden.
(...)
Servirá de base de financiación para liquidar el anticipo de la cuenta de Tesorería, los remanentes de la Tesorería del presupuesto propia obtenidos por anulación de créditos de los artículos 110 y 120 de los ejercicios 1965 y 1966 Y por el importe de la recaudación de tasas en la forma prevista en las bases quinta y sexta del article quinto de la Ley de Presupuestos.
No quedan afectados por la reforma de retribuciones los créditos 141.125, 231.121; 242.:111, a) y 243.111.
Proposed translations
(English)
| 4 | cancellation of appropriations |
patinba
|
| 4 +1 | offsetting debt claims |
John Rynne
|
| 3 +1 | writing off (tax) credits |
David Hollywood
|
| 3 | credit cancellation |
Lisa Rosengard
|
Change log
Sep 12, 2021 14:41: patinba Created KOG entry
Proposed translations
15 hrs
Selected
cancellation of appropriations
Yes, I think this is exactly right. Your text seems to be dealing with the manner in which certain payments to government workers are to be funded, and these include unused Treasury budget funds from other payment items that have been eliminated.
4 KudoZ points awarded for this answer.
Comment: "Thank you!"
+1
30 mins
David Hollywood
Native in English
Works in field
worked for int. orgs (IMF, OAS, IDB)
Native in: English
Works in: Spanish to English, German to English
Related KudoZ points
:
1245
writing off (tax) credits
There is no difference between a tax write-off and a tax deduction. It's possible that the confusion arises between a tax credit and a tax deduction; a credit subtracts an amount from a person's tax liabilities, while a deduction is a qualifying expense that reduces the amount of income that can be taxed.
--------------------------------------------------
Note added at 38 mins (2021-09-08 22:49:51 GMT)
--------------------------------------------------
you might also go with "cancel"
--------------------------------------------------
Note added at 42 mins (2021-09-08 22:54:16 GMT)
--------------------------------------------------
I think it means using tax credits to their maximum
--------------------------------------------------
Note added at 38 mins (2021-09-08 22:49:51 GMT)
--------------------------------------------------
you might also go with "cancel"
--------------------------------------------------
Note added at 42 mins (2021-09-08 22:54:16 GMT)
--------------------------------------------------
I think it means using tax credits to their maximum
+1
7 hrs
John Rynne
Native in English
Works in field
Experts in finance - Spain
Native in: English 
Works in: Spanish to English, English to Spanish
Related KudoZ points
:
308
offsetting debt claims
Weird that you have been asked to translate something about civil service remuneration from the mid-1960s! Is this an assignment?
In my experience, "crédito" can often be translated as "debt claim" rather than a loan. I certainly don't think this text refers to tax credits since: a) It seems to be talking about mechanisms for funding civil service compensation, and b) I don't think Spain had personal income tax back in the 1960s [citation needed, as they say in Wikipedia]. So I'm more inclined to think that the question refers to an accounting entry whereby money is magicked into existence by offsetting a debit item.
In my experience, "crédito" can often be translated as "debt claim" rather than a loan. I certainly don't think this text refers to tax credits since: a) It seems to be talking about mechanisms for funding civil service compensation, and b) I don't think Spain had personal income tax back in the 1960s [citation needed, as they say in Wikipedia]. So I'm more inclined to think that the question refers to an accounting entry whereby money is magicked into existence by offsetting a debit item.
Peer comment(s):
| agree |
Adrian MM.
: with our Spanish (ex-)network favo(u)rite of claims - or receivables - for créditos; appropriations in a budgetary sense, inter alia.
6 hrs
|
12 hrs
Lisa Rosengard
United Kingdom
United Kingdom
Native in English
United Kingdom
experienced and well qualified linguist
Native in: English (Variant: UK)
Works in: Spanish to English, English, Spanish, and 3 more.
Related KudoZ points
:
36
credit cancellation
It can also be about invalidation of credits. The information states:
"The Treasury's remaining assets from the own budget or estimates were obtained by cancellation or invalidation of credits in articles 110 and 120 from the year 1965-66, by the amount collected from taxes in the forecast format in the 5th and 6th base of Article 5 of the rules on estimates or budgets.'
--------------------------------------------------
Note added at 3 days 2 hrs (2021-09-12 00:28:00 GMT)
--------------------------------------------------
'Las compartes activas y permanentes del Tesoro de su presupuesto propio, obtenido de la anulación del Canciller significa la invalidación de los créditos en las cláusulas del documento del año del 1965-66, de la suma total que fue recaudada de los impuestos o las tasas en la forma prevista o predicha en la base quinta 5^ o sexta 6^ de las reglas sobre los impuestos.'
"The Treasury's remaining assets from the own budget or estimates were obtained by cancellation or invalidation of credits in articles 110 and 120 from the year 1965-66, by the amount collected from taxes in the forecast format in the 5th and 6th base of Article 5 of the rules on estimates or budgets.'
--------------------------------------------------
Note added at 3 days 2 hrs (2021-09-12 00:28:00 GMT)
--------------------------------------------------
'Las compartes activas y permanentes del Tesoro de su presupuesto propio, obtenido de la anulación del Canciller significa la invalidación de los créditos en las cláusulas del documento del año del 1965-66, de la suma total que fue recaudada de los impuestos o las tasas en la forma prevista o predicha en la base quinta 5^ o sexta 6^ de las reglas sobre los impuestos.'
Something went wrong...