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valuta retroattiva

English translation: retroactive value date


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:valuta retroattiva
English translation:retroactive value date
Entered by: Pauley
Options:
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17:15 Nov 28, 2009
Italian to English translations [PRO]
Bus/Financial - Accounting
Italian term or phrase: valuta retroattiva
"Il pagamento delle fatture deve essere effettuato nel rispetto delle scadenze contrattualmente previste e comunque non oltre la data di massimo sfasamento.
I pagamenti con ***valuta retroattiva*** sono ammessi solo in casi del tutto eccezionali da concordare tra le parti interessate".

Thanks.
Pauley
Local time: 05:01
retroactive value date
Explanation:
relative to the actual payment date is I think what this is getting at.
Selected response from:

claudiocambon
United States
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1back-dated value date
James (Jim) Davis
3 +2retroactive value dateclaudiocambon


  

Answers


21 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
retroactive value date


Explanation:
relative to the actual payment date is I think what this is getting at.


claudiocambon
United States
Works in field
Native speaker of: Native in ItalianItalian, Native in EnglishEnglish
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  philgoddard
1 hr
  -> Thanks Phil!

agree  Peter Cox
7 hrs
  -> Thanks again, Peter!!
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27 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
back-dated value date


Explanation:
My bank which is also my customer once did this for me. They lost one invoice and I got paid a few months late. So they back-dated the value date to the date of the invoice. That way I got an extra few months interest on the amount. Interest runs from the value date, whcih is what the value date is all about,

James (Jim) Davis
Italy
Local time: 05:01
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 822

Peer comments on this answer (and responses from the answerer)
agree  Dominic Currie: or perhaps just back-dated "i.e. back-dated payments"
21 hrs
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