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10:58 Jul 4, 2002
English to German translations [PRO] Bus/Financial
English term or phrase:deferment and forbearance
... loan payments are in deferment or forbearance...
It's a text about deductible interest (student loans). Can't tell you more about it, sorry...
Automatic update in 00:
16 mins confidence:
Explanation: Deferment=Rückstellung (fixed term in audit& accounting). Have nothing to day about forbearance. It might have been helpful to have a whole paragraph: what's the context, what company we are talking about, are we on the asset or liability side of the balance sheet? Without this, I fear, there's little to do about this phrase, and it will be mainly guessing.
Steffen Pollex Local time: 01:43 Native speaker of: German, Russian PRO pts in pair: 922