Jun 15, 2016 06:56
7 yrs ago
Hebrew term

יתרת משיכה לתחנה הקרובה.

Hebrew to English Bus/Financial Finance (general) יתרת משיכה לתחנה הקרובה
Dear All!
What is the English for
יתרת משיכה לתחנה הקרובה
Many thanks in advance

Discussion

Erzsébet Czopyk Jun 15, 2016:
happily any time if I can ... mazel tov!
o_delia (asker) Jun 15, 2016:
thank you very much!
o_delia (asker) Jun 15, 2016:
great! thank you!
Erzsébet Czopyk Jun 15, 2016:
ok so this is your text let me read for 5 minutes I am translating similar document at the moment but for different company
o_delia (asker) Jun 15, 2016:
thank you )))
Erzsébet Czopyk Jun 15, 2016:

ו"ח פקדונות מהבנק - קבוצת אש לידור
www.esh-lidor.co.il/category/דוח-פקדונות-מהבנק
יתרת משיכה לתחנה הקרובה. סוף הדרך, הגענו לתחנה, יתרת המשיכה בתחנה הקרובה מורכבת מהפיקדון ומהריבית שנצברה. והנה לנו קרן חדשה, בת 1091.63, המתחילה את ה"נסיעה" ...

Proposed translations

3 hrs
Selected

Blance vavailable for withdrawal at the next exit station (date)

This is a term for possible early withdrawal of money prior to the termination date in the terms and conditions of a fixed deposit
Note from asker:
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4 KudoZ points awarded for this answer. Comment: "thank you!"
1 hr

nearest compounding period

Ok, they did a marketing text, making it attractive

1. Previous Balance - balance refers to the last day renewal.

10. The balance showing to the nearest period / = before the beginning of the new period
In the end of the period, when we reached the last day, the continued balance for the nearest/next period will consisting of the deposit and the interest accrued.

...and during this period it will continue to accrue the interest, towards the next period you reach (with)in a month.

Methods of Calculating Interest
https://eng.ucmerced.edu/people/rbales/Courses/.../Week03_2
Oldal lefordítása
M = number of interest periods per year. 1 2. 3. 4. 5. 6. 7. 8 ... If your credit card's current outstanding balance is .... showing interest & principal for each period.

Calculating Values for Fractional Time Periods - Boundless
https://www.boundless.com/.../calculating-values-for-fractio...
To find the balance, round thefractional time period down to the period when ... a compounding period; if not, round down to the nearest compounding period).

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Note added at 1 hr (2016-06-15 07:59:21 GMT)
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time period assumption
business profit or loses are measured on timely basis

compounding period
The length of time between the points at which interest is paid.

time value of money
the value of an asset accounting for a given amount of interest earned or inflation accrued over a given period.

Compounding periods can be any length of time, and the length of the period affects the rate at which interest accrues.
Compounding frequency
Account Balance
The question could alternatively ask for the balance of the account. In this case, you need to find the amount of money that is actually in the account, so you round the number of periods down to the nearest whole number (assuming one period is the same as a compounding period; if not, round down to the nearest compounding period). Even if interest compounds every period, and you are asked to find the balance at the 6.9999th period, you need to round down to 6. The last time the account actually accrued interest was at period 6; the interest for period 7 has not yet been paid.

If the account accrues interest continuously, there is no problem: there can't be a fractional time period, so the balance of the account is always exactly the value of the money.

ource: Boundless. “Calculating Values for Fractional Time Periods.” https://www.boundless.com/finance/textbooks/boundless-financ...
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