Glossary entry

Italian term or phrase:

rechino un pregiudizio

English translation:

may be detrimental to

Added to glossary by EirTranslations
Feb 18, 2013 12:24
11 yrs ago
2 viewers *
Italian term

rechino un pregiudizio

Italian to English Bus/Financial Business/Commerce (general) minutes of meeting
I'm having a bit of trouble with this part of the text here, with regard to the purchase of receivables, in my understanding, is that the submission of the offer allows to set a bench mark abd avoid XXX - though not allowed to undertake actions which may be considered detrimental by other creditors of the securitisation - from assigning/selling the loans/receivables to third parties other than the bank.

That's how I see it, but not sure if there's a better option here, suggestions welcome thanks.


" assumendo che (bank) possa avere argomentazioni per negare ‘ragionevolmente’ il proprio consenso alla cessione del portafoglio da parte di (banking institution), la presentazione dell’offerta consente di fissare un benchmark ed evitare che (banking institution) - pur non essendole consentito porre in essere atti che rechino un pregiudizio alle ragioni degli altri creditori della cartolarizzazione inclusa (company/bank) – possa cedere i crediti a soggetti terzi diversi da (Bank)"

Proposed translations

+6
2 mins
Selected

may be detrimental to

One of many possibilities
Peer comment(s):

agree mlreid
54 mins
agree Juliana De Angelis
2 hrs
agree Peter Cox
2 hrs
agree tradu-grace
2 hrs
agree James (Jim) Davis : Nice one
3 hrs
agree CristianaC
4 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "thx"
3 mins

may cause losses

that's how I'd put it
Something went wrong...
1 hr

that may cause a damage to

.
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