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Italian to English translations [PRO] Bus/Financial - Accounting / doc relating to audit
Italian term or phrase:credito escusso
"la registrazione contabile del (date) relativa al pagamento di lire (X) corrisponde all'importo indicato dall Scrittura Privata 2 come credito escusso dal Banco Y, in virtu della fidejussione rilasciata dalla Z a favore del W."
Explanation: I put 3 only because I have not translated this term before....
I think that the breakdown of the phrase is more an "escusso" on the "guarantee" given on the "loan". That is, the circumstances came about in which Bank Y had the right to call on the guarantee given by Z.
xxxDCypher Local time: 04:07 Specializes in field Native speaker of: English PRO pts in category: 246