English to Hebrew translations [PRO]
Bus/Financial - Finance (general) | | English term or phrase: settlement account | An account held by a direct participant in a national RTGS system with the central bank for the purpose of processing payments.
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|  Odded LeonKudoZ activityQuestions: 78 (none open) ( 11 closed without grading) Answers: 118
Israel
| Local time: 02:17
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| | Hebrew translation:חשבון סליקה | Explanation:
In Hebrew the word "settlement" in a financial context is usually transferred by a word "סליקה" or "סילוק".
For example: "Settlement Risk" = "סיכון סליקה", "Cash Settlement" = "סילוק במזומנים" (both examples from the Academy's מונחי הבנקאות, 2006).
See also here: http://www.yediothsfarim.co.il/lex3/glossary/g_5332.asp
Generally, the word "סליקה" sounds to me very official and with close connection to financial documents. |
| Selected response from:
 Yevgeniy Y. Zingerman
Israel
Local time: 02:17
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