What is demise mean in Spanish?
When a company goes bankrupt it ceases to exist. The same goes for an individual. If you’re wondering if someone is dead, the answer is dead. They are no longer living. It’s as simple as that. Latin American culture associates death with economic failure.
What is bequest mean in Spanish?
bequest is a transfer of property or money to someone with the condition that it can be used only for a specific purpose, such as a charity or a family member. Bequest is different from legacy as it is a voluntary transfer of property to someone and does not automatically come to the recipient after the death of the owner.
What is pass mean in Spanish?
The word “pass” has a similar meaning to “demise,” but in this context it refers to the passing of a person’s consciousness or soul. It’s often used to describe the moment of death, although it’s also used for the period that follows, such as the time between when someone loses consciousness and when they’re legally declared dead.
What is meant by demise in Spanish?
The word demise is short for demise of a person. In the context of wills, the term is often used to refer to the death of a testator (the individual who wrote the will). As a testament, a will is required by law in many countries. A will allows the testator to distribute his or her assets after their death, such as some of their real estate, investments, or other valuables, to their heirs.
What is the meaning of demise in Spanish?
In the context of a business, the word demise means the transfer of all the assets of the company to someone else. The owner of the company doesn’t need to transfer his or her shares to the new owner; the shares are automatically given to the new owner after the company is officially dissolved.