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  3. Finance (general)

participação económica em negócio

English translation: financial complicity in business fraud (misappropriation / corporate misfeasance> AmE: misapplication)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Portuguese term or phrase:participação económica em negócio
English translation:financial complicity in business fraud (misappropriation / corporate misfeasance> AmE: misapplication)
Entered by: Adrian MM.

18:19 Jul 2, 2022
Portuguese to English translations [PRO]
Bus/Financial - Finance (general)
Portuguese term or phrase: participação económica em negócio
Boas colegas!
Em Angola e em Portugal (não sei como esse crime é chamado no Brasil) existe esse crime conforme reza o título que está ligado ao crime de corrupção/peculato.
Encontrei algures a tradução como "graft and corruption"
Any thoughts?
Agradeço desde já!
Abraço!
Valter Miranda
Local time: 00:12
financial complicity in business fraud (misappropriation > AmE: misapplication of corporate funds)
Explanation:
Certainly 'graft & corruption' is an IATE termonological database entry.

What Phil G. describes in his refeence is more akin to malfeasance (naughty, deilberate misconduct) vs. (UK: negligent rather than deliberate) misfeasance proceedings against co. directors or non-feasance (an omission)) and that I have tried to explain umpteen times on ProZ, so won't bother again.
Selected response from:

Adrian MM.
Austria
Grading comment
Obrigado a todos! Parece-me ser a resposta mais lógica!
4 KudoZ points were awarded for this answer



Summary of answers provided
4financial complicity in business fraud (misappropriation > AmE: misapplication of corporate funds)
Adrian MM.
3financial support/backing of illegal business activities
Barbara Cochran, MFA
3Participation or involvement in white-collar crime
Danilo N Silva
2financial participation in a business
Ana Vozone
Summary of reference entries provided
Definition
philgoddard

  

Answers


15 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
financial participation in a business


Explanation:
É muito literal, não gosto, mas é utilizado em textos "oficiais".

https://www.google.com/search?q=" financial participation in...

Example sentence(s):
  • abduction, incitement to prostitution (Lenocínio), corruption, embezzlement (Peculato) and financial participation in a business, harmful administration
Ana Vozone
Local time: 00:12
Specializes in field
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 238

Peer comments on this answer (and responses from the answerer)
neutral  philgoddard: But this is isn't a crime.
8 hrs
  -> I think it is if, for instane, you are a politician and get involved in the approval of a profitable project by a company which belongs to a relative... just an example...
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47 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
financial support/backing of illegal business activities


Explanation:
Funds that are illegally funneled into the coffers of illicit business entities that carry out their own kinds of illegal and/or unethical activities for profit.

Barbara Cochran, MFA
United States
Local time: 19:12
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
neutral  philgoddard: No, you've guessed incorrectly.
17 hrs
  -> Not sure at all that I've done that. But since I don't think like or understand the reasoning of criminals, you might be right in your assessment.
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54 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Participation or involvement in white-collar crime


Explanation:
Sugestão.

It looks like the term in question refers to what is called in English as white-collar crime: A non-violent type of crime that may include public corruption, fraud, money laundering, and so on.


    https://www.fbi.gov/about/faqs/what-is-white-collar-crime-and-how-is-the-fbi-combating-it
    https://pt.wikipedia.org/wiki/Crime_do_colarinho_branco
Danilo N Silva
Brazil
Local time: 20:12
Native speaker of: Portuguese

Peer comments on this answer (and responses from the answerer)
neutral  philgoddard: But as your reference shows, that's "crime do colarinho branco"
16 hrs
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1 day 0 min   confidence: Answerer confidence 4/5Answerer confidence 4/5
financial complicity in business fraud (misappropriation > AmE: misapplication of corporate funds)


Explanation:
Certainly 'graft & corruption' is an IATE termonological database entry.

What Phil G. describes in his refeence is more akin to malfeasance (naughty, deilberate misconduct) vs. (UK: negligent rather than deliberate) misfeasance proceedings against co. directors or non-feasance (an omission)) and that I have tried to explain umpteen times on ProZ, so won't bother again.

Example sentence(s):
  • IATE: LAW Consilium pt participação económica em negócio Consilium en graft and corruption Consilium
  • This report discusses the issue of financial complicity analysing the impact that lending may have on Governments engaged in gross human rights

    Reference: http://www.merriam-webster.com/dictionary/malfeasance
    Reference: http://www.freshbooks.com/hub/leadership/protect-your-busine...
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24
Grading comment
Obrigado a todos! Parece-me ser a resposta mais lógica!
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Reference comments


17 hrs
Reference: Definition

Reference information:
http://bdjur.almedina.net/item.php?field=node_id&value=81800

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Note added at 17 hrs (2022-07-03 12:15:05 GMT)
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I'm not sure how I'd translate this but, if I understand correctly, it means stealing money from a company you're administering by virtue of your position in public office.

--------------------------------------------------
Note added at 17 hrs (2022-07-03 12:17:21 GMT)
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For example, if it's bankrupt.

philgoddard
United States
Specializes in field
Native speaker of: English

Peer comments on this reference comment (and responses from the reference poster)
neutral  Barbara Cochran, MFA: Seems you are not all that sure yourself what the asker's term actually means. Well, at least we all tried to help.
17 mins
  -> I do know what it means, and unlike you I provided a reference.
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