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French to English translations [PRO]
Accounting / Factoring | | French term or phrase: compte de valeurs a disponibilité différée | | According to a factoring agreement, if notice of a dispute is issued with respect to a receivable, the original debtor shall have 30 days in which to compel the buyer to pay the factor. "A défaut, le Factor pourra débiter le compte courant d'une somme au plus égale au montant de cette créance, pour créditer un **compte de valeurs a disponibilité différée** (définancement) ou créditer le compte d'affacturage ...." |
| Sarah RussellKudoZ activityQuestions: 346 ( 11 open) ( 4 without valid answers) ( 64 closed without grading) Answers: 0
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| | escrow account | Explanation:
I think the concept of deferred availability funds is encapsulated by 'escrow account', which appears to be a commonly used term in English references to factoring. A couple of websites attached... |
| Selected response from:
Scott W
Local time: 16:46
| Grading comment Thanks very much
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| Changes made by editors |
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| May 28, 2009 - Changes made by Scott W: | | Edited KOG entry | Scott W's old entry - "compte de valeurs a disponibilité différée" => "escrow account" | | May 28, 2009 - Changes made by Scott W: | | Created KOG entry | KudoZ term => KOG term |
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