recourse
Spanish translation: ...contrato de financiación [Esp] / financiamiento [Hispam] con recurso...
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| 05:37 May 23, 2002 |
| English to Spanish translations [PRO] Bus/Financial | |||||||
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|  Selected response from: Ramón Solá Local time: 04:59 | ||||||
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Answers
13 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1...contrato de financiación [Esp] / financiamiento [Hispam] con recurso... Explanation: HTH... EUROPA > European Commission > Translation > Eurodicautom European Terminology Database HitList 1. limited-recourse finance(1) BTB - IMF84 - 175 Document 1 Subject - "Financial Affairs - Taxation & Customs (sn: microeconomics II; nt: further breakdown of ECF)"(=FI) Definition finance arranged on the basis of the lender having recourse to the borrower only in certain circumstances Reference Borrowing and Lending Terminology,World Bank,1984 (1) TERM limited-recourse finance Reference Borrowing and Lending Terminology,World Bank,1984 (1) TERM financiamiento con recurso limitado Reference Terminologia de emprestitos y prestamos,Banco Mundial,1984 (2) TERM financianon con recurso limitado Reference Terminologia de emprestitos y prestamos,Banco Mundial,1984 |
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13 mins confidence:
recursos / remedios Explanation: Hi Yazmin Me da la idea de que es algo así como: presentar o interponer recursos a los contratos financieros del acuerdo. Falta contexto. |
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20 mins confidence: peer agreement (net): +1
peer agreement (net): +1contratos de factorización con o sin recurso Explanation: o "contratos factorizados con o sin recurso" Seems to be what we are talking about. Good links: http://www.globalfinanceonline.com/factoring-questions-answe... http://www.tmaonline.net/Business_center/Articles/street_fin... In locating a factor, you will find two tiers of factor firms. The first consisting of larger, better known firms such as Walter Heller, CAFCO, Accord Business Credit and Boston Factors; and a second group of smaller firms and commercial finance companies (found in your Yellow Pages) that will factor lower-end dollar volumes for small and medium size companies. Also, talk to others in your industry for their recommendations and check your trade journals for factors that cater exclusively to your industry. There are two things that you should be aware of before contracting a factor. Firstly, you can negotiate either a recourse or a more common no recourse contract. No recourse means the factor absorbs the loss if one of your customers should default. Recourse simply means that your factor will charge you back the amount of any loss. A recourse contract should be compensated with a lower front end discount and vice-a-versa. Secondly, you should try to include a "Bailout" clause in your agreement. Some companies have had to go to a great deal of expense to break ties with their factors. A bailout clause states that you will be able to end your agreement with 60 to 90 days notice. As with all contracts, it would be foolish not to have your attorney review it. -------------------------------------------------- Note added at 2002-05-23 06:00:37 (GMT) -------------------------------------------------- I believe the term \"recourse\" here specifically has to do with \"factoring.\" |
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6 hrs confidence:
financiamiento con posibilidad de recurso Explanation: he encontrado la expresión "limited recourse financing" (export credits) financiamiento/financiación con posibilidad de recurso limitado |
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