liquidación de deudas
/likidaθjon de deudas/from spelling rules
Debt settlement in Spanish is liquidación de deudas.
This term is used in financial and legal contexts to describe the process of resolving an outstanding debt for a reduced amount.
What does it mean word for word?
The phrase is composed of liquidación (liquidation/settlement) and de deudas (of debts).
Which one should you use?
In a legal or formal context, acuerdo de liquidación de deuda is often used to refer to the actual document or contract signed during the process.
How does it change in a sentence?
If you are referring to a single specific debt rather than multiple debts, you use the singular liquidación de la deuda instead of deudas.
How do you pronounce it?
/likidaθjon de deudas/
Did you know?
- In some Latin American countries, liquidar can be used as a euphemism for 'eliminating' or 'killing' someone, far removed from its financial meaning.
- In Spanish, liquidación can also refer to a 'clearance sale' at a clothing store. If you see a sign for liquidación in a window, it means the store is selling off stock at a discount.
- Spanish has a specific term, quita, which refers specifically to the portion of the debt that the creditor agrees to forgive during a liquidación de deudas.
Examples in context
- Estoy en proceso de llegar a un acuerdo de liquidación de deudas con mis acreedores.I'm in the process of reaching a debt settlement agreement with my creditors.
- Después de una prolongada negociación, finalmente logré un ajuste de deudas favorable.After lengthy negotiations, I finally achieved a favorable debt adjustment.
- La liquidación de deudas redujo mi saldo total.The debt settlement reduced my total balance.
- Estamos negociando una liquidación de deudas con el banco.We are negotiating a debt settlement with the bank.
- Aceptaron la liquidación de deudas con un pago único.They accepted the debt settlement with a lump sum payment.
Example conversation
Javier and Lucía are discussing their financial plan at home.
- JavierNecesitamos una liquidación de deudas para salir de este problema.We need a debt settlement to get out of this problem.
- LucíaTengo una propuesta de liquidación de deudas para revisar.I have a debt settlement proposal to review.
- Javier¿Es una liquidación de deudas realista para nosotros?Is it a realistic debt settlement for us?
- LucíaParece muy buena para tu situación actual, Javier.It looks very good for your current situation, Javier.
Sources
- IPA marked “from spelling rules” is derived from standard Spanish spelling, where Wiktionary gives none.
