GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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18:20 Dec 9, 2014 |
Spanish to English translations [PRO] Bus/Financial - Finance (general) / Funeral Expenses | |||||
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| Selected response from: patinba Argentina Local time: 03:55 | ||||
Grading comment
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will result in the whole debt being declared unpaid at maturity in advance Explanation: vencido = unpaid at maturity |
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will cause the entire loan balance to become due immediately Explanation: If loan recipient defaults by not making any payment on time, then there is no grace period. My translation up to the comma is It is understood that failture to pay in a punctual manner will cause the entire loan balance to become due immediately Example sentence(s):
Reference: http://legal-dictionary.thefreedictionary.com/Acceleration+C... |
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