A few insurance and mortgage related terms... - English Spanish Translator Org: Translation Forum � Translators Forums

adglife · 02-22-2007, 05:14 PM

In a recent effort to translate some claim monitoring documentation for a lender-placed insurance company that outsources to some big-name banks, I ran upon a few terms that were a little choppy. Maybe you could help... Such phrases included:

"Insurance proceeds" and/or "Insurance proceeds check"

"Restricted escrow" or "escrow" especially

IRS terms, like "Backup withholding"

"Disbursements"

To name a few. Any input?

Hebe · 02-23-2007, 05:58 AM

Hi Adglife. Welcome to the Forum !!!!

Let�s see if the terms I am going to suggest can help you out: Hopefully, you will be getting other inputs to �choose from

"Restricted escrow" could be translated as �Fideicomiso con Cl�usula de Restricci�n�

Backup withholdings: could be translated as �retenciones de respaldo�.

Disbursements could be translated as gastos or desembolsos

Insurance proceeds: would be �Ganancias provenientes de seguros�

Hope this helps

Best regards

IUS · 02-23-2007, 02:41 PM

Also some help here:

English to Spanish Financial Dictionary

English to Spanish Accounting Dictionary

In-House · 03-28-2007, 07:41 AM

Hebe's choices are good, but still check out those dictionaries, they are really useful!

Richardsmith · 01-01-2008, 11:08 PM

Great thread,
Mortgage Life Insurance refers to an insurance policy that guarantees repayment of a mortgage loan in the event of death or, possibly, disability of the mortgagor. Mortgage insurance protects the lender against loss in the event that the borrower defaults. The borrower pays the premium, but the lender receives the protection. Mortgage insurance has no connection to any kind of life insurance, and pays no benefits to borrowers. The sole benefit received by the borrower is that, with mortgage insurance, lenders are willing to make loans with down payments smaller than 20% of purchase price or appraised value.

02-22-2007, 05:14 PM	#1
adglife New Member Join Date: Feb 2007 Location: Nebraska, USA Age: 23 Posts: 2 Rep Power: 0	A few insurance and mortgage related terms... In a recent effort to translate some claim monitoring documentation for a lender-placed insurance company that outsources to some big-name banks, I ran upon a few terms that were a little choppy. Maybe you could help... Such phrases included: "Insurance proceeds" and/or "Insurance proceeds check" "Restricted escrow" or "escrow" especially IRS terms, like "Backup withholding" "Disbursements" To name a few. Any input?

02-23-2007, 05:58 AM	#2
Hebe Senior Member Join Date: Jan 2007 Location: Caracas- Venezuela Posts: 856 Rep Power: 1559	Hi Adglife. Welcome to the Forum !!!! Let�s see if the terms I am going to suggest can help you out: Hopefully, you will be getting other inputs to �choose from "Restricted escrow" could be translated as �Fideicomiso con Cl�usula de Restricci�n� Backup withholdings: could be translated as �retenciones de respaldo�. Disbursements could be translated as gastos or desembolsos Insurance proceeds: would be �Ganancias provenientes de seguros� Hope this helps Best regards __________________ Hebe ♥ ♫

02-23-2007, 02:41 PM	#3
IUS Administrator Join Date: Mar 2001 Posts: 2,378 Rep Power: 100	Specialized Dictionaries Also some help here: English to Spanish Financial Dictionary English to Spanish Accounting Dictionary __________________ IUS

01-01-2008, 11:08 PM	#5
Richardsmith New Member Join Date: Jan 2008 Posts: 1 Rep Power: 0	Great thread, Mortgage Life Insurance refers to an insurance policy that guarantees repayment of a mortgage loan in the event of death or, possibly, disability of the mortgagor. Mortgage insurance protects the lender against loss in the event that the borrower defaults. The borrower pays the premium, but the lender receives the protection. Mortgage insurance has no connection to any kind of life insurance, and pays no benefits to borrowers. The sole benefit received by the borrower is that, with mortgage insurance, lenders are willing to make loans with down payments smaller than 20% of purchase price or appraised value. __________________ LiveMortgageFree

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03-28-2007, 07:41 AM	#4
In-House Contributing User Join Date: May 2006 Posts: 170 Rep Power: 100	Hebe's choices are good, but still check out those dictionaries, they are really useful!

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