Jun 28, 2006 07:04
17 yrs ago
1 viewer *
Italian term

INT PASSIVO

Italian to English Bus/Financial Finance (general)
INT PASSIVI SABATINI

FROM COMPANY BUDGET - UNDER THE HEADING 1° MARGINE INDUSTRIALE


thank you all in advance

Discussion

Ivana UK Jun 29, 2006:
To avoid any confusion, I think you should make a glossary entry for Interest Payable (Sabatini)! Pity you can't undo the grading and give Marc the points...
Ivana UK Jun 29, 2006:
Lulazz,

I think that Marc's answer Interest Payable is correct (or Interest Payable - Sabatini), as confirmed by the agrees! Int. Contributions are made by the Medicredito Centrale and although payment is deferred, interest is still payable by the co.

Proposed translations

22 mins
Selected

interest contributions under the Sabatini Law

or

Lump-Sum Interest Payment Under the Sabatini Law

The Sabatini Law was enacted in 1965 to encourage the sale of machine tools and production machinery. It provides for deferred payment of up to five years on installment contracts for the purchase of such equipment and for a one-time, lump sum contribution from Medicredito Centrale (MC), the administering agency,
toward the interest owned by the buyer of such equipment on the installment contracts.

http://ia.ita.doc.gov/esel/italy/88-719.html

598/94 is 30 percent of the initial interest payable, but is 45 percent for companies in disadvantaged regions ... Lump-Sum Interest Payment Under the Sabatini Law (Law 1329) (Interest ...

www.ia.ita.doc.gov/esel/italy/itagen.htm

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4 KudoZ points awarded for this answer.
+4
7 mins

INTEREST PAYABLE

I am pretty sure this is "INTERESSE PASSIVO", i.e. INTEREST PAYABLE
Peer comment(s):

agree Angela Erminia Newman
18 mins
agree Jean Martin
1 hr
agree Peter Cox
4 hrs
agree Olivia Bisegna
21 hrs
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