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In tal caso la maggiorazione assorbe gli interessi di mora maturati nel medesimo

English translation: In this case the increase will absorb/incorporate/include overdue interests/late payment interests

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:In tal caso la maggiorazione assorbe gli interessi di mora maturati nel medesimo
English translation:In this case the increase will absorb/incorporate/include overdue interests/late payment interests
Entered by: Angela Guisci

16:18 Nov 10, 2017
Italian to English translations [PRO]
Law/Patents - Insurance
Italian term or phrase: In tal caso la maggiorazione assorbe gli interessi di mora maturati nel medesimo
This is part of Art. 27 of Law No 689 of 24 Nov 1989. http://www.ilsole24ore.com/art/SoleOnLine4/Speciali/2005/Doc...

I have considered 2 possible translations, although am by no means certain of either:
1. In this case, late payment interest accumulated during this period will also be increased by one tenth.

2. In this case, the increase of one tenth will be instead of the late payment interest.
KatieLM
United Kingdom
Local time: 14:17
In this case the increase will absorb/incorporate/include overdue interests/late payment interests
Explanation:
I asked a friend of mine who is accountant...
Selected response from:

Angela Guisci
Italy
Local time: 15:17
Grading comment
Thanks for your answers, however it is the meaning that is very unclear actually. i.e. what it means by 'absorbs?
2 KudoZ points were awarded for this answer



Summary of answers provided
3 +2In this case the increase will absorb/incorporate/include overdue interests/late payment interests
Angela Guisci
4In this/said case, the increase shall be absorbed/incorporated in/into defaut interest accruing ...
Alison Kennedy
Summary of reference entries provided
Dan Newton

Discussion entries: 2





  

Answers


27 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
In this/said case, the increase shall be absorbed/incorporated in/into defaut interest accruing ...


Explanation:
... the same (over the same period??). Where do you get one tenth from and the same period???? Are you reading smething I'm not?
Alison

Alison Kennedy
Italy
Local time: 15:17
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 93
Notes to answerer
Asker: http://portale.provincia.ms.it/allegato.asp?ID=276475 sorry, this is the correct link to the article


Peer comments on this answer (and responses from the answerer)
neutral  philgoddard: No, it's the other way around. The increase (whatever that may mean) is absorbing the interest.
6 mins
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41 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
In this case the increase will absorb/incorporate/include overdue interests/late payment interests


Explanation:
I asked a friend of mine who is accountant...

Angela Guisci
Italy
Local time: 15:17
Native speaker of: Italian
PRO pts in category: 2
Grading comment
Thanks for your answers, however it is the meaning that is very unclear actually. i.e. what it means by 'absorbs?

Peer comments on this answer (and responses from the answerer)
agree  Linda Thody
16 hrs
  -> thanks Linda x
agree  Sandy Carpenter: Except it should be interest not interests
1 day 18 hrs
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Reference comments


41 mins peer agreement (net): +1
Reference

Reference information:
Don't know if it's any use, but point 4 of article 15 (page 14) of the IVASS document linked to below contains a translation of your sentence.


    https://www.ivass.it/normativa/nazionale/secondaria-ivass/regolamenti/2013/n01/Regulation_1_2013.pdf?language_id=3
Dan Newton
Native speaker of: English
PRO pts in category: 4

Peer comments on this reference comment (and responses from the reference poster)
agree  Linda Thody
16 hrs
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