Glossary entry

English term or phrase:

Giro consortium

Spanish translation:

consorcio/grupo/Giro

Added to glossary by MikeGarcia
Jun 29, 2007 16:00
16 yrs ago
English term

Giro consortium

English to Spanish Bus/Financial Finance (general)
XXXX Group delivers a reference model that contains concepts and methods that are required for building a Giro consortium. The content of the Giro reference model and the methodology to implement Giro will significantly reduce risk and speed-up implementation
Change log

Jul 3, 2007 08:11: MikeGarcia Created KOG entry

Jul 3, 2007 08:14: MikeGarcia changed "Edited KOG entry" from "<a href="/profile/35505">MikeGarcia's</a> old entry - "Giro consortium"" to ""consorcio/grupo/Giro""

Proposed translations

+2
18 mins
Selected

consorcio/grupo/Giro

Seems to me that here "Giro" is used as a "nombre propio" or proper name; in any case, if you go to the Alcaraz Varó Hughes Financial Dictionary, page 350, you'll find several meanings for "giro" without the first letter in capital italics. FYI, Girobank is a type of bank similar to the Postal Money Remittance Office (Caja Postal) and specializes in money transfers.-
Peer comment(s):

agree Victoria Frazier : Buen finde, Miguel!
1 hr
Gracias, Lady Victoria. You too!!!
agree Egmont
2 hrs
Gracias, Alberto. Saludos y have a glorious week-end, if such a thing still exists...
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4 KudoZ points awarded for this answer. Comment: "Muchísimas gracias, Miguel!"
17 mins

consorcio Giro

It seems to be a model for reducing cash flow. Maybe you would like to have a look at the following Link.

Giro is an Italian word and means 'to circulate'. The main objective is to keep the money circulating electronically within the financial sector and reduce cash. Focus is on high volumes of low value transactions. An efficient and cost-effective Giro model requires a shared infrastructure between banks and a nation-wide retail channel, such as the national Post, and a strong cooperative attitude. Competing on infrastructure is an expensive strategy and should be avoided.
http://www.inclusiongroup.nl/index.php?m=98
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