memoriakonti
| 12:23 Nov 30, 2008 |
| Norwegian to English translations [PRO] Bus/Financial - Accounting | |||||||
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| 3 | accounts for unused borrowed capital |
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| 2 | off-balance sheet accounts/activities |
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| Discussion entries: 1 | |
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Answers
18 hrs confidence: 
accounts for unused borrowed capital Explanation: How would this work? |
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2 days 18 hrs confidence:
off-balance sheet accounts/activities Explanation: Could this be what is today known as "off-balance sheet accounts"? "Off-balance-sheet commitments: In the ordinary course of business, the Agency enters into credit related commitments, which are recorded in off-balance-sheet accounts and primarily include guarantees, letters of credit and unused parts of granted loans. Such financial commitments are recorded in the Agency’s balance sheet if and when they become payable." Reference: http://www.igabih.com/IGA_report_final_2005_ENG_040806.pdf |
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