Feb 21, 2011 06:48
13 yrs ago
5 viewers *
Spanish term
líneas de descuento de facturas
Spanish to English
Bus/Financial
Finance (general)
This is from an agreement (Spain). This particular section is related to matters addressed by the company's governing body:
Concertar préstamos u otras operaciones de financiación por un importe superior a XXX euros si se trata de operaciones de arrendamiento financiero o YYYY euros en **líneas de descuento de facturas** (el límite de YYYY euros podrá excederse en un importe igual a las cantidades destinadas a amortización anticipada obligatoria de conformidad con lo descrito en el contrato de financiación), salvo aquellas operaciones cuyo objetivo sea la financiación del capital circulante.
Is is something along the lines of factoring?
Thanks in advance!
Concertar préstamos u otras operaciones de financiación por un importe superior a XXX euros si se trata de operaciones de arrendamiento financiero o YYYY euros en **líneas de descuento de facturas** (el límite de YYYY euros podrá excederse en un importe igual a las cantidades destinadas a amortización anticipada obligatoria de conformidad con lo descrito en el contrato de financiación), salvo aquellas operaciones cuyo objetivo sea la financiación del capital circulante.
Is is something along the lines of factoring?
Thanks in advance!
Proposed translations
(English)
5 | invoice discounting facility | Bill Harrison (X) |
5 | invoice discount lines | Alistair Ian Spearing Ortiz |
Proposed translations
2 hrs
Selected
invoice discounting facility
This is the term most commonly employed for this.
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Note added at 3 hrs (2011-02-21 10:18:38 GMT)
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you could also say
invoice factoring facility
but in this context I much prefer discounting.
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Note added at 3 hrs (2011-02-21 10:18:38 GMT)
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you could also say
invoice factoring facility
but in this context I much prefer discounting.
4 KudoZ points awarded for this answer.
Comment: "Thank you once again for all your help Bill!"
48 mins
invoice discount lines
In this case, discount lines concern the invoices (e.g., the bank pays you now what is owed to you pursuant to a certain invoice).
See example sentence and web refs for further info.
See example sentence and web refs for further info.
Example sentence:
Las líneas de descuento, son un producto financiero que consiste en que el banco nos adelanta el dinero que tenemos en letras o pagarés, y nos cobra por ello.
Note from asker:
Hello Alistair, thanks for your answer but I'm finding very few hits on Google for this term. Is that how it is worded? |
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