Spanish to English translations [PRO] Bus/Financial - Economics | | Spanish term or phrase: interés devengado no cobrado | esta expresión aparece en una memoria anual de una empresa en el apartado "créditos concedidos a empresas multigrupo".
"los intereses devengados no cobrados no eliminados en el proceso de consolidación ascienden a 13.254 euros"
¿sería correcto? unpaid accrued interests not eliminated in the consolidation process?
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| | English translation:uncollected accrued interest | Explanation: These are loans to multigroup companies (e.g. joint ventures).
Upon consolidation, as an accounting matter certain uncollected accrued interest was not eliminated. (This depends on the accounting treatment of the consolidation.) |
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