Sep 28, 2006 09:25
17 yrs ago
3 viewers *
French term
marge créditrice et débitrice
French to English
Bus/Financial
Finance (general)
accounting
cash-pooling conventions to be signed between pool leader and subsidiary which state,f or currrent accounts, the "taux de rémunération" (=basic intererest rate?) and the *marge créditrice et débitrice appliquée sur le taux de référence", end of sentence. next up, the "plafond maximum pour l'octroi d'avances en compte courant" so i don't think 'marge débitrice' is thesame as overdraught (=arrears).
Thanks in advance,...
(how i hate accounts and finance!)
Thanks in advance,...
(how i hate accounts and finance!)
Proposed translations
(English)
3 +2 | credit and debit interest rate margin | a05 |
3 | creditor and debtor margin | Dolores Vázquez |
Proposed translations
+2
8 mins
Selected
credit and debit interest rate margin
My understanding is as follows -- there is a nominal interest rate (taux de reference), e.g. 5% but the bank has to establish at least two rates -- a debit rate to be charged on outstanding debts, which may be 5.8%, and a credit rate, to accrue on deposits, etc., which is likely to be 4.6%, for example. In such a case, the debit margin is 0.8%, and the credit margin is 0.4%
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Comment: "Selected automatically based on peer agreement."
5 mins
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