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19:44 Mar 6, 2016 |
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Greek to English translations [PRO] Bus/Financial - Finance (general) / Financial reports | |||||||
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| Selected response from: Peter Close Local time: 16:16 | ||||||
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Summary of answers provided | ||||
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5 +1 | revolving loan, evergreen loan or open-end loan |
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Summary of reference entries provided | |||
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overdraft |
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revolving loan, evergreen loan or open-end loan Explanation: However, although all three of the above terms apply, the first, ‘revolving loan’ is the one that is most commonly used. The Κων. Κάντζου Λεξικό Λογιστικής defines ‘αλληλόχρεος λογαριασμός’ to mean ‘revolving account’, ‘open account’. An overdraft is a type of revolving loan, but is not the only type of revolving loan. See: . http://www.businessdictionary.com/definition/revolving-loan.... https://en.wikipedia.org/wiki/Revolving_credit http://budgeting.thenest.com/evergreen-loan-banking-24493.ht... http://www.investopedia.com/terms/e/evergreen-loans.asp http://www.investopedia.com/terms/o/openendcredit.asp http://finance.zacks.com/open-end-loan-1806.html Το κονδύλι αφορά αλληλόχρεο δάνειο κεφαλαίου κινήσεως το οποίο έχει ληφθεί από την Παγκρήτια Συνεταιριστική Τράπεζα µε την υπ΄ αριθµ. 89891/31.12.2008 https://diavgeia.gov.gr/doc/ΒΕΝΕΩΚΨ-ΝΞ4 ΑΔΑ: ΒΕΝΕΩΚΨ-ΝΞ4 ... σύµβαση πίστωσης µε ανοικτό λογαριασµό (αλληλόχρεο), δάνειο κ.λ.π. ή απαιτήσεις παροχής χρεογράφων όπως π.χ. από ανώνυµες οµολογίες και τοκοµερίδια, ... http://docplayer.gr/4833499-Ptyhiaki-ergasia-ue-theua-sygkri... I also know for a fact that αλληλόχρεο δάνειο is called a revolving loan in English, because I had a commercial company in Greece for 35 years and my company had an αλληλόχρεο δάνειο for 15,000 euros from Eurobank, which did not have to be repaid ever provided that the company or I continued to pay the interest on the money that the company was making use of. A revolving loan can be up to the value that you can cover by securities and I have a close friend who had a revolving loan for 800,000 euros. Although an overdraft is a type of revolving loan, overdrafts are usually for much lower values. -------------------------------------------------- Note added at 11 hrs (2016-03-07 07:25:49 GMT) -------------------------------------------------- To understand the differences between a revolving account and an overdraft, please see: http://www.ianswer4u.com/2015/03/difference-between-revolvin... http://www.businessdictionary.com/definition/overdraft.html -------------------------------------------------- Note added at 11 hrs (2016-03-07 07:29:07 GMT) -------------------------------------------------- Sorry, that should have read, "To understand the differences between a revolving loan and an overdraft, please see:" |
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29 mins |
Reference: overdraft Reference information: http://www.proz.com/?sp=gloss/term&id=11970704 |
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