Sulawechsel

English translation: Promissory note

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

German term or phrase:	Solawechsel
English translation:	Promissory note
Entered by:	Gunther Wolf

07:06 Apr 5, 2001

German to English translations [PRO]
Bus/Financial

German term or phrase: Sulawechsel

context: balance sheet
item= eigene Akzepte und Sulawechsel im Umlauf

Zeus KudoZ activity Questions: 254 (6 open) Answers: 1
Local time: 05:24

Promissory note

Explanation:

The German word has a typo in it.

The correct word is "Solawechsel"

A promissory note is an unconditional promise of payment in writing.

I hope this helps.

Selected response from:

Gunther Wolf
Local time: 00:24

Grading comment

Here comes a thank you from the past - and I can even still remember reading your answer in 2001!
4 KudoZ points were awarded for this answer

Summary of answers provided

Promissory note

Gunther Wolf

rotating bill of exchange

Alexander Schleber (X)

bill of exchange on which the same person appears as drawer and drawee

Andy Lemminger

sola bill

Roland Grefer

Answers

13 mins

Promissory note

Explanation:

The German word has a typo in it.

The correct word is "Solawechsel"

A promissory note is an unconditional promise of payment in writing.

I hope this helps.

Grossmann - Freyd Engl. Comm. Vocabulary

Gunther Wolf
Local time: 00:24
Native speaker of:

German,

English
PRO pts in pair: 250

Grading comment

Here comes a thank you from the past - and I can even still remember reading your answer in 2001!

16 mins

rotating bill of exchange

Explanation:
I cannot find major support for this, even in Zahn. But I seem to remember something in the following direction.
Sulawechsel -> Summenlaufwechsel
i.e. a bill of exchange with a top limit that keeps on rotating. That is, whenever a part of the bill is redeemed, a new credit is extended for the amount of the repayment.

If you look on the Google for the above the terms, you'll find some sites that tend in the direction of what I have indicated.

HTH

Alexander Schleber (X)
Belgium
Local time: 06:24
Native speaker of:

German,

English
PRO pts in pair: 2426

1 hr

bill of exchange on which the same person appears as drawer and drawee

Explanation:
Sorry for the lengthy term but that's definitely correct (I found it in the dictionary)

Professional Dictionary Accounting, Tax, Banking
own work-experience as public accountant

Andy Lemminger
Canada
Local time: 22:24
Native speaker of:

German
PRO pts in pair: 1127

138 days

sola bill

Explanation:
Quoted from the URL below:

"The 'SOLE OF EXCHANGE' stands for the sole bill of exchange, popularly called the sola bill, is a draft with only one copy issued."

Reference: http://www.export911.com/e911/export/docColle.htm

Roland Grefer
Local time: 00:24
Native speaker of:

German,

English
PRO pts in pair: 231

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Sulawechsel

English translation: Promissory note

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English translation: Promissory note

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