Apr 11, 2007 03:20
17 yrs ago
4 viewers *
Italian term
fatture da smobilizzare
Italian to English
Bus/Financial
Law (general)
invoices for diposal/sale?
thses invoices are acquired by a bank who takes over their debt and collects payment
thses invoices are acquired by a bank who takes over their debt and collects payment
Proposed translations
(English)
| 4 +1 | factoring/discounting |
DCypher (X)
|
Proposed translations
+1
2 hrs
Selected
factoring/discounting
Here is an example of the term "fatture da smobilizzare" in context.
"Banca Factoring offre la possibilità di smobilizzare i vostri crediti e convertire subito in denaro le fatture emesse."
http://www.btbonline.it/btb/homepagebtb.nsf/0/3268C22D6D9A92...
This is not a unique Italian practice but big business for commercial banks globally, particularly toward small/medium size businesses which do not have the funding options available to them that larger companies do.
"Factoring is often used synonymously with accounts receivable financing. "
http://www.answers.com/topic/factoring
"Banca Factoring offre la possibilità di smobilizzare i vostri crediti e convertire subito in denaro le fatture emesse."
http://www.btbonline.it/btb/homepagebtb.nsf/0/3268C22D6D9A92...
This is not a unique Italian practice but big business for commercial banks globally, particularly toward small/medium size businesses which do not have the funding options available to them that larger companies do.
"Factoring is often used synonymously with accounts receivable financing. "
http://www.answers.com/topic/factoring
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Comment: "Thanks!"
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