Author: dc

Masculine noun. Lawful legal act made up of one or more declarations of private will that the law recognizes as the basis for the production of legal effects, sought and wanted by its author or authors, provided that certain requirements or elements concur. E.g.: La elección de derecho produce que el negocio jurídico completo en todas sus facetas jurídicas se rija por el ordenamiento jurídico elegido: A choice of law clause has the effect of subjecting the whole legal transaction in all its legal aspects to the legal system selected. dc

Feminine noun. Legal transaction whereby one person replaces another in an obligation. Therefore, it can occur in either of the two positions of an obligation: debtor and creditor position. E.g.: La operación concluye con la formalización de la venta y subrogación: La operación concluye con la formalización de la venta y subrogación: The transaction concludes with the formalisation of the sale and subrogation. dc

Feminine noun. It is an arrangement, often supported by a legal agreement, whereby a woman (the surrogate mother) agrees to bear a child for another person or persons, who will become the child’s parent(s) after birth. E.g.: La Comisión Especial observa que el número de acuerdos de maternidad subrogada en el ámbito internacional está aumentando rápidamente: The Special Commission noted that the number of international surrogacy arrangements is increasing rapidly.
In Spain it is not permitted by the legislation that regulates assisted reproduction techniques but it is legal if the birth takes place in a country where this kind arrangement is regulated. In Latin America is generally not regulated. dc

Masculine noun. From the Latin expression hoc in anno: in this year. It is an extra payment given to employees at the end of December. Although the amount of the payment depends on a number of factors, it usually matches an employee’s monthly salary and can be paid in one or more installments (depending on the country). It is important to note that the aguinaldo is not a grant from the employer but a right for the employee because it is set by law. In Argentina is usually paid a couple of days before Christmas to allow the employees to buy Christmas gifts.
Feliz Navidad y Próspero Año Nuevo. dc

Verb. Used in Business Spanish as ‘to provide or facilitate what is necessary or convenient for a purpose’. E.g.: Las concesiones atraen a inversores cuando, debido a restricciones de financiamiento, el operador nacional no puede proveer el servicio: Granting concessions attracts investors when restricted funding prevents the national carrier from providing the service.
It is very common to mix this verb up with prever: ‘to foresee’, because their conjugations are very similar: proveer: proveo, proveí, proveyera; prever: preveo, preví, preveyera.
The nouns are la provisión and el proveedor/la proveedora (the contractor/suplier); and the noun for prever is la previsión: ‘forecast’. The adjectives for previsión are previsto/a: ‘forecasted’, and previsor/a: ‘foresighted, far-sighted’. Synonyms of previsor/a can beprevenido/a and precavido/a.
In another note, un/una veedor/a is an observer or a seer. I believe it is here where resides the origin of the confusion between proveer and prever. I do not know why veedor has two es. dc

Verb: To exercise the obligations inherent to a profession, position or trade. E.g.: Se pretende que ninguno de los que han desempeñado las funciones de ministerio fiscal pueda desempeñar funciones de juez: You say that no magistrate who has held the office of Public Prosecutor can perform the functions of a judge.
The noun is el desempeño. dc