Glossary entry

English term or phrase:

Burden expenditure

Spanish translation:

gastos indirectos

Added to glossary by César Cornejo Fuster
Jun 25, 2019 10:29
4 yrs ago
23 viewers *
English term

Burden expenditure

English to Spanish Bus/Financial Law: Contract(s) Petrol Operations
El término aparece en un contrato de compraventa de la participación en un contrato de licencia de explotación petrolífera. No he encontrado ninguna referencia a "burden expenditure" relacionada con alguna posible traducción del término.

La traducción es para España.

"The Purchase Price shall be adjusted downward or upward, as the case may be, by an amount equal to the Inventory Adjustment, the Receipts Adjustment, and the Costs Adjustment (these adjustments being referred hereto, collectively, as the "Adjustments”), as follows:

(...)

The Costs Adjustment, which shall Increase the Consideration, shall be the sum of all costs and expenses incurred and paid by Seller in relation to the costs of exploration, appraisal, development, maintenance, operation, abandonment and production any other costs related to the Assets under the License Contract and the JOA, to the extent attributable to the Seller Interest, during the Interim Period (the "Costs Adjustment"), without duplication of any other cost or expense and only to the extent that such costs and expenses are incurred as provided pursuant to this Agreement and, when applicable, in compliance with the provisions of the JOA, such as, but not limited to: (I) capital expenditures, (ii) operating costs, (Iii) geophysical and geological costs, (iv) royalties and other ***burden expenditure*** relating to the Seller Interest, (v) general administrative and Indirect Charges, as defined In Section 3 of the Accounting Procedure of the JOA. Any such expenses incurred by Seller prior to the Effective Date which remain unpaid as of the Closing Date shall be assumed and paid by Seller and shall be adjusted accordingly in the Final Closing Statement."

Discussion

Toni Castano Jun 25, 2019:
@César Creo que "burden expenditure" es un sinónimo de "overhead(s)", gastos generales, pero lamento no tener mucha seguridad. Es algo intuitivo.

Proposed translations

3 hrs
Selected

gastos indirectos

Aunque se suele usar en el contexto de gastos de la nómina, aquí creo que se refiere a "regalías y otros gastos indirectos"

What is the Burden Rate
The burden rate consists of indirect costs associated with employees, over and above gross compensation or payroll costs. Typical costs associated with the burden rate include payroll taxes, workers' compensation and health insurance, paid time off, training and travel expenses, vacation and sick leave, pension contributions and other benefits. The burden rate provides a truer picture of total labor costs than payroll costs alone.
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4 KudoZ points awarded for this answer. Comment: "Muchas gracias."
58 mins

gastos onerosos


burden cost
Alternative term for overhead
http://www.businessdictionary.com/definition/burden-cost.htm...

Overhead
1. Resource consumed or lost in completing a process, that does not contribute directly to the end-product. Also called burden cost.
2. Accounting: A cost or expense (such as for administration, insurance, rent, and utility charges) that (1) relates to an operation or the company as a whole, (2) does not become an integral part of a good or service (unlike raw material or direct labor), and (3) cannot be applied or traced to any specific unit of output. Overheads are indirect costs.
3. Data communications: Data bits added to user-transmitted data, for carrying routing information and error correcting and operational instructions.
4. Utilities: Energy or water lost during delivery from the generating or production plant to the end user.
http://www.businessdictionary.com/definition/overhead.html

Del latín onerosus, oneroso es un adjetivo que hace referencia a algo gravoso, pesado o molesto. Por lo general, este término suele estar asociado a gastos monetarios excesivamente altos y no pertenecientes al conjunto de necesidades básicas para la vida.
https://definicion.de/oneroso/

había que continuar con la venta de petróleo si era posible [...] y negociar bajo dirección boliviana de todo el proyecto lo referente a los elementos técnicos y materiales más adecuados para la construcción del gasoducto, eliminando en su caso aquellos gastos onerosos que la Gulf había previsto
https://books.google.co.uk/books?id=pdEiiNPE47QC&pg=PA296&lp...
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1 day 3 hrs

gastos indirectos

Burden by itself can be translated as gastos indirectos and expenditure refers to gasto, desembolso.

Here are my references:

http://www.spanish-translator-services.com/dictionaries/acco...

http://www.spanish-translator-services.com/dictionaries/acco...
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