fianza de pago
/fjanθa de paɡo/from spelling rules
fianza de pago is the Spanish way to say payment bond.
A payment bond is a guarantee provided by a surety to ensure that a contractor pays their subcontractors and suppliers.
What does it mean word for word?
The phrase is composed of fianza (bond/guarantee/bail) and de pago (of payment).
How does it change in a sentence?
To express the plural form, payment bonds, use fianzas de pago. Only the noun fianza is pluralized.
How do you pronounce it?
/fjanθa de paɡo/
Did you know?
- In a neighborhood shop, a person can ask to fiar their purchase, meaning they are buying on credit based on trust rather than a formal contract.
- The term fianza is used in Spanish law for both a construction payment bond and the 'bail' paid to release a criminal defendant from jail.
- When renting a home in Spain, the security deposit you give the landlord is called a fianza.
Examples in context
- El contrato requiere una fianza de pago para garantizar la ejecución adecuada del proyecto.The contract requires a payment bond to ensure the proper execution of the project.
- El contratista debe presentar una fianza de pago para asegurar que se paguen a los subcontratistas.The contractor must present a payment bond to ensure that subcontractors are paid.
- La empresa solicitó una fianza de pago para la obra.The company requested a payment bond for the construction work.
- Necesitamos verificar la fianza de pago del contratista.We need to verify the contractor's payment bond.
- Sin una fianza de pago, el riesgo es muy alto.Without a payment bond, the risk is very high.
Example conversation
Two business partners are discussing project requirements.
- MaríaJavier, ¿ya tenemos la fianza de pago?Javier, do we have the payment bond yet?
- JavierNo, María, todavía estoy tramitando el documento.No, María, I am still processing the document.
- MaríaEs urgente para asegurar a los proveedores.It is urgent to secure the suppliers.
- JavierLo tendré listo mañana sin falta.I will have it ready tomorrow without fail.
Sources
- IPA marked “from spelling rules” is derived from standard Spanish spelling, where Wiktionary gives none.
