F factum (FR) E brief S Black; Petit Robert: mémoire dépassant l'exposé du procès et dans lequel 1'une ou 1'autre des parties mêle attaques et j us t if icat ions S facultad E faculty* - option - discretion** F attribution - pouvoir S facultades de asociación y reunión (MX) E freedom of association and assembly F liberté d'association et de réunion S facultades excepcionales E exceptional*/emergency/special powers F pouvoirs exceptionnels F facultatif = facultativo S facultativo V. obligación facultativa E facultative - optional - discretionary F discrétionnaire - facultatif F faillite (BE, CH, FR) * IL, constitutional law ** Constitutional law Translate literally if the text distinguishes between an estado de excepción and an es-tado. de emergencia Adjetivo See ¿aSJAltad BE CC 1613, 1913, 2032; CH CC 210, CDO passim. LP 1, 3, 159 et seq.. Boillod 318-325; FR CC 1613. 1913, 2032, CCOM obs. (remplacé par faillite personnelle). Amos 370-378 obs., EGLAT - 485 E (mercantile) bankruptcy S quiebra faillite personnelle (FR) E (individual mercantile) bankruptcy Unlike in EN, where the technical term (but not the common expression) bankruptcy applies only to individuals, the institution of faillite applies (BE, CH; FR applied) only to commerçants. traders, whether individuals or juridical persons, the corresponding institution for non-traders, whether individuals (BE, FR, ? CH) or juridical persons (BE, ? CH), being déconfiture ; also called (mercantile) insolvencyi mercantile need not be used unless faillite has to be distinguished from déconfiture; faillite and faillite personnelle both imply that the insolvent debtor has been adjudged bankrupt by a court, as does bankruptcy in its technical sense, whereas déconfiture implies no more than recognized insolvency, as does insolvency; distinguish faillite from banqueroute, criminal bankruptcy, faillite personnelle, individual mercantile bankruptcy, règlement judiciaire, judicial receivership, liquidation des biens, judicial liquidation, and déconfiture, non-mercantile bankruptcy 
**Analysis**
The text appears to be a legal glossary or dictionary, focusing on economic and financial terms, particularly those related to bankruptcy, insolvency, and related concepts. The terms are mostly related to commerce, trade, and finance, with some references to judicial and constitutional law.

**Category**
Economy, Law