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Romanian to English translations [PRO]
Bus/Financial - Accounting / finance | | Romanian term or phrase: limita plafonului | | linie de credit in limita plafonului |
| | | cap limit | Explanation:
GDT
http://www.granddictionnaire.com/btml/fra/r_motclef/index102...
Ref:
http://www.sccgov.org/SCC/docs/Affordable Housing Office of ...
"This Reissued Mortgage Credit Certificate shall entitle Holder(s) to a Reissued Credit, under Section 25(a) of the Internal Revenue Code of 1986, as amended, (the “Code”) of up to 20 percent of the interest paid or accrued by Holder(s) during the taxable year (the “Taxable Year”) upon the Certified Indebtedness Amount of $_________________; provided, the Reissued Credit may not be larger in any Taxable Year than the
existing credit (the “Existing Credit”) that otherwise would have been allowable for the Taxable Year under the mortgage credit certificate issued in connection with the Original Loan (the “Reissued Credit Cap Limit”)."
http://www.shra.org/Content/Housing/HomeBuyer/RMCC.htm
"Conditions for Reissuance:
- an MCC with respect to the property had to be properly issued in the first place
- the refinance must be the first refinance of the original mortgage loan
- the Certified Indebtedness Amount (the portion of the loan on which the interest for the tax credit is calculated) of the RMCC is limited to the outstanding principal balance of the original loan at the time of refinance
- the tax credit rate on the RMCC cannot exceed the tax credit rate of the original MCC
- a higher interest credit than would have been available under the original certificate cannot be claimed for any taxable year – a Credit Cap Limit is provided upon reissuance
- the RMCC is good only until the maturity date of the original mortgage loan (unless the maturity date of the new loan is prior to that of the old)
- the original loan may be fixed rate, variable rate, graduated payment, and in certain instances balloon payment loans with a conversion/extension addendum
- there is no requalification of borrower eligibility in terms of income, purchase price of the home, household size or marital status – owner occupancy is still required
- the RMCC is reissued in the name of the original MCC holder(s) only
- there is a $250.00 application fee"
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Note added at 3 days23 hrs (2009-09-06 12:35:37 GMT) Post-grading
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multumesc si eu! |
| Selected response from:
 Radu DANAILA
Romania
Local time: 07:45
| Grading comment multumesc
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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3 mins confidence:  
4 mins confidence:
3 mins confidence: ceiling limit
Explanation:
this is it! plenty of references available. good luck!
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Note added at 7 mins (2009-09-02 13:02:07 GMT)
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However, many officials think that it is unlikely that credit card companies will raise the minimum age for credit cards, as this will further affect their profits, which they are already trying to claw back after a ceiling limit was placed on penalty charges by financial regulators in the UK last year.
http://www.creditcardsweb.co.uk/200801/debt-management-agenc...
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Note added at 10 mins (2009-09-02 13:04:52 GMT)
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The exposure ceiling limit is 15% of capital funds in case of a single borrower and 40 % of capital funds in the case of a borrower group. The capital funds for the purpose will comprise of tier I and tier II capital, as defined under capital adequacy standards.
http://www.financialexpress.com/news/oil-companies-allowed-h...
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Note added at 12 mins (2009-09-02 13:06:22 GMT)
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Costs are recouped on credit card penalty ceiling limits
http://www.themoneystop.co.uk/042007/costs-are-recouped-on-c...
| Sorina Grecu
Romania
Local time: 07:45
Works in field
Native speaker of: Romanian
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The translation workplace 
