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midler inngått

English translation: funds received

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:midler inngått
English translation:funds received
Entered by: dmesnier

09:40 Aug 21, 2021
Norwegian to English translations [PRO]
Bus/Financial - Accounting / Interim report
Norwegian term or phrase: midler inngått
Hi, I am in need of help with this phrase. It's a bit unclear how the translate iinngått in the following sentence which appears in a bank's quarterly report. thanks for your help!


Tapskostnaden var i første halvår en netto inntektsføring på kr XX mill. som skyldes en kombinasjon av midler inngått på tidligere konstaterte tap og en reduksjon av Covid 19-tapsnedskrivningen
dmesnier
United States
Local time: 08:54
funds received
Explanation:
on account of debts previously written off, credited to account and taxable in most countries.

Excuse the delay but computer gremlins blocked my access to ProZ.
Selected response from:

Adrian MM.
Austria
Grading comment
Great, thanks for your help!
4 KudoZ points were awarded for this answer



Summary of answers provided
3funds received
Adrian MM.


Discussion entries: 1





  

Answers


1 day 3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
funds received


Explanation:
on account of debts previously written off, credited to account and taxable in most countries.

Excuse the delay but computer gremlins blocked my access to ProZ.

Example sentence(s):
  • A bad debt recovery is a payment received after it has been designated as uncollectible.

    Reference: http://www.proz.com/kudoz/norwegian-to-english/accounting/21...
    Reference: http://www.accountingtools.com/articles/bad-debt-recovery.ht...
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Great, thanks for your help!
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