crédito (débito) a compensar

English translation: Credit (debit) to clear

18:32 May 20, 2023
Portuguese to English translations [PRO]
Bus/Financial - Finance (general) / Bank statement
Portuguese term or phrase: crédito (débito) a compensar
O termo aparece como lançamento no extrato mensal do banco Itau, item Conta Corrente e Aplicações Automáticas; aparecem alternados os termos crédito, débito ou saldo a compensar: ex: credit to clear or offset?
robson souza
Local time: 05:14
English translation:Credit (debit) to clear
Explanation:
Bank Itau, Current Account and Automatic Applications; the terms credit, debit or balance to clear appear alternately:
Selected response from:

Andrew Bramhall
United Kingdom
Local time: 09:14
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4Credit (debit) to clear
Andrew Bramhall
4credit (debit) eligible for (leg.) set-off (a/c) offset
Adrian MM.
4carryforward credit (debit)
Mario Freitas


Discussion entries: 1





  

Answers


8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
Credit (debit) to clear


Explanation:
Bank Itau, Current Account and Automatic Applications; the terms credit, debit or balance to clear appear alternately:

Andrew Bramhall
United Kingdom
Local time: 09:14
Native speaker of: Native in EnglishEnglish
PRO pts in category: 20

Peer comments on this answer (and responses from the answerer)
agree  Rafael Ribeiro
51 mins
  -> Thank you!!

agree  Oliver Simões
1 hr
  -> Muito obrigado!

agree  ZT-Translations
13 hrs
  -> Thank you!

agree  Emílio Mota
22 hrs
  -> Gracias;
Login to enter a peer comment (or grade)

32 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
credit (debit) eligible for (leg.) set-off (a/c) offset


Explanation:
countervailing is normally used for duties and taxes, rather than credit and debit entries, though does work for credit only: see the first example sentence.

Othewrise, a 'clearing house having no place in the answer, the Equitable (Discretionary) Doctrine of Set-Off in Eng. law suggests bypassing the futures and options ambiguity: 'Offset Elimination of a long or short position by making an opposite transaction. Related: Liquidation.'

Example sentence(s):
  • Back-to-back credit is also called *countervailing credit* or reciprocal credit.
  • Offset Elimination of a long or short position by making an opposite transaction. Related: Liquidation.

    Reference: http://eng.proz.com/personal-glossaries/entry/867790-compens...
    Reference: http://iate.europa.eu/search/result/1684591969305/1
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24
Login to enter a peer comment (or grade)

40 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
carryforward credit (debit)


Explanation:
https://www.google.com.br/search?q="carryforward credit" (de...

Mario Freitas
Brazil
Local time: 05:14
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 355
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search