Glossary entry

German term or phrase:

Selbstentscheidungslimite

English translation:

discretionary limit

Added to glossary by Ted Wozniak
Aug 29, 2010 15:35
13 yrs ago
German term

Selbstentscheidungslimite

German to English Bus/Financial Finance (general) factoring
In a discussion of troubled factoring accounts, the factoring company states "Wir mussten Forderungen wegen falsch vergebener Selbstentscheidungslimite aus der Finanzierung nehmen, was in Verbindung mit der Belastung der Mindestfactoringgebühr, zur Überziehung des Abrechnungskontos führte."

Only 2 hits for Selbstentscheidungslimite in Google and they did not provide an explanation.
Proposed translations (English)
1 +3 discretionary limit

Proposed translations

+3
18 mins
Selected

discretionary limit

Not my field, but am hazarding a guess answer nonetheless.
Peer comment(s):

agree phillee : http://www.ciff.co.uk/dl.html
54 mins
Very clear definition there, I must say. A very informative link, that one. Am bookmarking it for future reference. Thank you very much, phillee.
agree dkfmmuc : Just want to agree. The same in banks: The decision process is different and dependant on the amount of the credit.
4 hrs
Thank you, dkfmmuc. Good to be confirmed by an expert in business administration.
agree StephanieHarrod
12 hrs
Thank you for confirming the answer suggestion, StephanieHarrod
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4 KudoZ points awarded for this answer. Comment: "Thank you!"
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