principal del Crédito

English translation: principal amount/capital (lent) of the credit

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:principal del Crédito
English translation:principal amount/capital (lent) of the credit
Entered by: MikeGarcia

22:39 Apr 15, 2008
Spanish to English translations [PRO]
Law/Patents - Law: Contract(s) / Filthy Lucre
Spanish term or phrase: principal del Crédito
en concepto de principal del Crédito (esto es, la amortización del importe de las Disposiciones), hasta un máximo de [ ] euros
neilmac
Spain
Local time: 21:24
principal amount/capital (lent) of the credit
Explanation:
This is the meaning in your context. "Principal" is generally used in the banking lingo to express the capital or net lent amount of a credit.

Check with the Alcaraz Varó Hughes Financial, page 1136, "principal".-

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Note added at 13 hrs (2008-04-16 12:00:01 GMT) Post-grading
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Hi, neilmac. My AVH Legal has 980 pages, and the AVH de Términos Económicos, Financieros y Comerciales, 3rd Edition, November 2002, has 1257.- If you get into Amazon, you'll find the details of the latest editions...

And thank you for the kudoz points!!
Selected response from:

MikeGarcia
Spain
Local time: 21:24
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4credit principal
MacLeod Cushing
4principal amount/capital (lent) of the credit
MikeGarcia
3the principal of the loan
Lia Fail (X)


Discussion entries: 1





  

Answers


11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
credit principal


Explanation:
The principal credit amount on which returns are based.

Example sentence(s):
  • In the case of a synthetic credit principal-protected note, investors are exposed to a credit derivative portfolio which is a multiple of a reserve.

    Reference: http://www.creditflux.com/resources/roundtables/CPPI/glossar...
MacLeod Cushing
Canada
Local time: 12:24
Works in field
Native speaker of: Native in EnglishEnglish
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11 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
the principal of the loan


Explanation:
It seems to be referring to the actual amount of the loan.

en concepto de principal del Crédito (esto es, la amortización del importe de las Disposiciones), hasta un máximo de [ ] euros

as the principal/amount of the loan ( .....), to a maximum of ...euros.



Lia Fail (X)
Spain
Local time: 21:24
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 60
Login to enter a peer comment (or grade)

11 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
principal amount/capital (lent) of the credit


Explanation:
This is the meaning in your context. "Principal" is generally used in the banking lingo to express the capital or net lent amount of a credit.

Check with the Alcaraz Varó Hughes Financial, page 1136, "principal".-

--------------------------------------------------
Note added at 13 hrs (2008-04-16 12:00:01 GMT) Post-grading
--------------------------------------------------

Hi, neilmac. My AVH Legal has 980 pages, and the AVH de Términos Económicos, Financieros y Comerciales, 3rd Edition, November 2002, has 1257.- If you get into Amazon, you'll find the details of the latest editions...

And thank you for the kudoz points!!

MikeGarcia
Spain
Local time: 21:24
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 389
Notes to answerer
Asker: Very helpful explanation. Re another query, my 5th ed. copy of AVH Legal only has 702 pages in it...

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