|Italian to English translations [PRO]|
|Italian term or phrase: investimento di competenza|
|L'investimento pubblicitario previsto per un anno potra' essere spostato a quello successivo, fermo restando l'INVESTIMENTO DI COMPETENZA di tale ultimo anno.|
Does this mean that if one year's budget gets moved to the following year that the budget intended for the latter year remains in place as well? What exactly is investimento di competenza?
|English translation:the investment pertaining to the following year|
Your interpretation is correct: even if one year's budget is moved to the following year, this has no effect to the budget of the latter.
"di competenza" means "di attinenza", "di spettanza".
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investment falling within the previous year's budget
In this case "di competenza" means that the investment falls within the previous year's budget.
Hope it helps.
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