Legal dictionary · Area 9 of 17

Commercial, Corporate & Company Law — EN · ES · IT.

64 terms from Commercial, Corporate & Company Law, each with its Spanish and Italian equivalent and a plain-language definition. Open any term for its own page.

Company types do not translate one-to-one. A Spanish S.L., a Mexican S. de R.L. de C.V. and an Italian S.r.l. resemble a U.S. LLC in some respects and a corporation in others; S.A. and S.p.A. are closer to a corporation but governed by different rules on capital, directors and shareholder meetings. Certified translations of articles, bylaws, registry certificates and board minutes keep the original entity designation and organ names (consejo de administración, consiglio di amministrazione, junta general, assemblea) with an explanatory English equivalent.

Company / Corporation

ENCompany / Corporation — An entity formed to carry on business.
ESSociedad
ITSocietà

Corporation / Stock company

ENCorporation / Stock company — A company with capital divided into shares.
ESSociedad anónima (S.A.)
ITSocietà per azioni (S.p.A.)

Limited liability company

ENLimited liability company — A company whose members have limited liability.
ESSociedad de responsabilidad limitada (S.R.L.)
ITSocietà a responsabilità limitata (S.r.l.)

Partnership

ENPartnership — A business owned by partners with shared liability.
ESSociedad de personas / colectiva
ITSocietà di persone

General partnership

ENGeneral partnership — A partnership where all partners are fully liable.
ESSociedad colectiva
ITSocietà in nome collettivo (S.n.c.)

Limited partnership

ENLimited partnership — A partnership with both limited and general partners.
ESSociedad en comandita
ITSocietà in accomandita

Sole proprietorship

ENSole proprietorship — A business owned and run by one person.
ESEmpresa unipersonal
ITImpresa individuale / Ditta individuale

Shareholder

ENShareholder — An owner of shares in a company.
ESAccionista / Socio
ITAzionista / Socio

Share / Stock

ENShare / Stock — A unit of ownership in a company.
ESAcción / Cuota
ITAzione / Quota

Capital / Share capital

ENCapital / Share capital — The funds contributed by owners to a company.
ESCapital social
ITCapitale sociale

Dividend

ENDividend — A distribution of profits to shareholders.
ESDividendo
ITDividendo

Board of directors

ENBoard of directors — The body managing a company's affairs.
ESDirectorio / Consejo de administración
ITConsiglio di amministrazione

Director

ENDirector — A member of the board managing the company.
ESDirector
ITAmministratore / Consigliere

Managing director / CEO

ENManaging director / CEO — The executive responsible for running the company.
ESGerente general / Director ejecutivo
ITAmministratore delegato

Officer

ENOfficer — A person holding a management office in a company.
ESFuncionario / Ejecutivo
ITDirigente / Funzionario

Auditor

ENAuditor — A person who examines a company's accounts.
ESAuditor / Síndico
ITRevisore / Sindaco

Statutory auditor / Supervisory board

ENStatutory auditor / Supervisory board — A body overseeing a company's management.
ESComisión fiscalizadora / Sindicatura
ITCollegio sindacale

General meeting / Shareholders' meeting

ENGeneral meeting / Shareholders' meeting — The meeting where owners make key decisions.
ESAsamblea de accionistas / socios
ITAssemblea dei soci

Bylaws / Articles of association

ENBylaws / Articles of association — The rules governing a company's internal affairs.
ESEstatuto / Contrato social
ITStatuto / Atto costitutivo

Memorandum of association

ENMemorandum of association — The founding document creating a company.
ESActa constitutiva
ITAtto costitutivo

Incorporation / Formation

ENIncorporation / Formation — The process of legally creating a company.
ESConstitución de sociedad
ITCostituzione di società

Registered office

ENRegistered office — The official legal address of a company.
ESDomicilio social / sede legal
ITSede legale

Commercial register

ENCommercial register — The public register of companies and businesses.
ESRegistro público de comercio / IGJ
ITRegistro delle imprese

Merger

ENMerger — The combination of two or more companies into one.
ESFusión
ITFusione

Acquisition / Takeover

ENAcquisition / Takeover — The purchase of control over a company.
ESAdquisición / Toma de control
ITAcquisizione

Demerger / Spin-off

ENDemerger / Spin-off — The division of a company into separate entities.
ESEscisión
ITScissione

Dissolution

ENDissolution — The ending of a company's legal existence.
ESDisolución
ITScioglimento

Liquidation

ENLiquidation — The winding up of a company's affairs and assets.
ESLiquidación
ITLiquidazione

Insolvency

ENInsolvency — Inability to pay debts as they fall due.
ESInsolvencia / Cesación de pagos
ITInsolvenza

Bankruptcy

ENBankruptcy — A legal status of a person or company unable to pay debts.
ESQuiebra
ITFallimento

Creditors' arrangement / Reorganization

ENCreditors' arrangement / Reorganization — A court procedure to reorganise debts and avoid bankruptcy.
ESConcurso preventivo
ITConcordato preventivo

Receivership

ENReceivership — Court-supervised management of a troubled company.
ESAdministración judicial / Intervención
ITAmministrazione controllata / straordinaria

Goodwill

ENGoodwill — The intangible value of a business's reputation.
ESValor llave / Fondo de comercio
ITAvviamento

Trademark

ENTrademark — A sign distinguishing a business's goods or services.
ESMarca
ITMarchio

Trade name

ENTrade name — The name under which a business operates.
ESNombre comercial
ITDitta / Denominazione commerciale

Negotiable instrument

ENNegotiable instrument — A document representing a right to payment, transferable by delivery or endorsement.
ESTítulo de crédito / valor
ITTitolo di credito

Promissory note

ENPromissory note — A written promise to pay a sum of money.
ESPagaré
ITPagherò / Vaglia cambiario

Bill of exchange

ENBill of exchange — An order directing one party to pay another.
ESLetra de cambio
ITCambiale tratta

Check / Cheque

ENCheck / Cheque — A written order to a bank to pay a sum from an account.
ESCheque
ITAssegno

Endorsement

ENEndorsement — A signature transferring a negotiable instrument.
ESEndoso
ITGirata

Bill of lading

ENBill of lading — A document acknowledging receipt of goods for shipment.
ESConocimiento de embarque
ITPolizza di carico

Invoice

ENInvoice — A commercial document itemising a sale and amount due.
ESFactura
ITFattura

Letter of credit

ENLetter of credit — A bank guarantee of payment under stated conditions.
ESCarta de crédito
ITLettera di credito

Distribution agreement

ENDistribution agreement — An agreement to sell another's products in a market.
ESContrato de distribución
ITContratto di distribuzione

Agency agreement

ENAgency agreement — An agreement appointing an agent to promote sales.
ESContrato de agencia
ITContratto di agenzia

Joint venture

ENJoint venture — A business arrangement combining resources for a project.
ESUnión transitoria / Joint venture
ITJoint venture / Associazione temporanea

Unfair competition

ENUnfair competition — Dishonest business practices harming competitors.
ESCompetencia desleal
ITConcorrenza sleale

Antitrust / Competition law

ENAntitrust / Competition law — Law preventing monopolies and restraints of trade.
ESDerecho de la competencia / Defensa de la competencia
ITDiritto della concorrenza / Antitrust

Consumer protection

ENConsumer protection — Law protecting buyers from unfair practices.
ESDefensa del consumidor
ITTutela del consumatore

E-commerce

ENE-commerce — Buying and selling of goods or services online.
ESComercio electrónico
ITCommercio elettronico

Corporate veil

ENCorporate veil — The separation between a company and its owners.
ESVelo societario / Personalidad diferenciada
ITVelo societario

Piercing the corporate veil

ENPiercing the corporate veil — Holding owners liable by disregarding the company form.
ESInoponibilidad de la personalidad jurídica
ITSuperamento della personalità giuridica

Holding company

ENHolding company — A company that owns and controls other companies.
ESSociedad holding / controlante
ITSocietà holding / capogruppo

Subsidiary

ENSubsidiary — A company controlled by a parent company.
ESSociedad controlada / filial
ITSocietà controllata

Affiliate

ENAffiliate — A company under significant influence of another.
ESSociedad vinculada
ITSocietà collegata

Due diligence

ENDue diligence — Investigation of a business before a transaction.
ESDiligencia debida / Due diligence
ITDue diligence / Verifica preventiva

Quorum (meeting)

ENQuorum (meeting) — The attendance required to hold a valid meeting.
ESQuórum de constitución
ITQuorum costitutivo

Proxy

ENProxy — Authority to vote on another's behalf at a meeting.
ESPoder / Representación (asamblea)
ITDelega

Minutes

ENMinutes — The official written record of a meeting.
ESActa
ITVerbale

Annual report

ENAnnual report — A yearly report on a company's finances and activity.
ESMemoria y balance anual
ITBilancio d'esercizio / Relazione annuale

Balance sheet

ENBalance sheet — A statement of assets, liabilities and equity.
ESBalance / Estado patrimonial
ITStato patrimoniale

Insolvency practitioner

ENInsolvency practitioner — An official who administers an insolvent estate.
ESSíndico concursal
ITCuratore fallimentare

Bond (financial)

ENBond (financial) — A debt security issued to raise capital.
ESBono / Obligación negociable
ITObbligazione (titolo)

Debenture

ENDebenture — A long-term debt instrument, often unsecured.
ESDebenture / Obligación
ITObbligazione non garantita

This page is for general orientation only. It is not legal advice and does not substitute for advice from licensed counsel in the relevant jurisdiction. Terminology varies between countries and between civil-law and common-law systems; the equivalents shown here are the most common in cross-border practice.

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