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à appliquer en équivalence du crédit

English translation: The applicable pay-in-cash discount rate equals the discount rate given for a line of credit

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:à appliquer en équivalence du crédit
English translation:The applicable pay-in-cash discount rate equals the discount rate given for a line of credit
Entered by: MatthewLaSon
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16:08 Sep 17, 2007
French to English translations [PRO]
Bus/Financial - Retail
French term or phrase: à appliquer en équivalence du crédit
listed in a table with regard to payment facilities and credit conditions


Taux d'équivalence paiement comptant: taux d'escompte à appliquer en équivalence du crédit
Enza Longo
Canada
Local time: 02:22
The applicable (pay-in-cash) discount rate equals the discount rate given for a line of credit
Explanation:
Hello,

I'm far from sure, but it seems that the customer is getting a discount rate for paying in cash instead of making payment on a line of credit granted by the company. The company states the discount rate for paying in cash would be equivalent to the discount given for a opening a line of credit.

I hope this helps. It's just a guess.

Selected response from:

MatthewLaSon
Local time: 02:22
Grading comment
Many thanks Matthew! Your explanation makes much sense in this context.
4 KudoZ points were awarded for this answer

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Summary of answers provided
2 -1The applicable (pay-in-cash) discount rate equals the discount rate given for a line of creditMatthewLaSon


Discussion entries: 2





  

Answers


5 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): -1
The applicable (pay-in-cash) discount rate equals the discount rate given for a line of credit


Explanation:
Hello,

I'm far from sure, but it seems that the customer is getting a discount rate for paying in cash instead of making payment on a line of credit granted by the company. The company states the discount rate for paying in cash would be equivalent to the discount given for a opening a line of credit.

I hope this helps. It's just a guess.



MatthewLaSon
Local time: 02:22
Native speaker of: Native in EnglishEnglish
PRO pts in category: 12
Grading comment
Many thanks Matthew! Your explanation makes much sense in this context.

Peer comments on this answer (and responses from the answerer)
disagree  rkillings: Not for a 'line of credit'. The cash discount is equivalent to the percentage by which the seller's bank would discount the seller's receivable (=turn it into cash to the seller).
1 day11 hrs
  -> How can you be so sure with so little context? You could be right, but I can't be sure of anything at this point.
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Changes made by editors
Sep 18, 2007 - Changes made by MatthewLaSon:
Edited KOG entry<a href="/profile/35643">MatthewLaSon's</a> old entry - "à appliquer en équivalence du crédit" » "The applicable (pay-in-cash) discount rate equals the discount rate given for a line of credit"
Sep 18, 2007 - Changes made by MatthewLaSon:
Created KOG entryKudoZ term » KOG term


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