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Spanish to English translations [PRO]
Bus/Financial - Finance (general) | | Spanish term or phrase: se mantenía constantemente fuera de la Cámara de Compensación | From text about Venezuelan bank:
XXX se mantenía constantemente fuera de la Cámara de Compensación. La mala gerencia de sus recursos monetarios, lo estaban perjudicando.
I know that "Cámara de Compensación" is "Clearing House" but is it being used in some metaphorical sense in this context? |
|   Sp and Fr to EnKudoZ activityQuestions: 49 (none open) ( 4 without valid answers) ( 1 closed without grading) Answers: 213
United Kingdom
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| | clearing house | Explanation:
there's no metaphore in this phrase ... if a bank does not comply with several rules and restrictions, it can not be represented in clearing house, the place where all bank-to-bank transactions (i.e. cheks) are cleared/compensated
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Note added at 10 hrs (2006-02-14 09:20:09 GMT)
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you can confirm what a "camara de compensaciones" is this glossary:
http://www.monografias.com/trabajos/econoglos/econoglos.shtm... |
| Selected response from:
Alvaro Gonzalez
| Grading comment Ta.
4 KudoZ points were awarded for this answer |
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9 hrs confidence: | se mantenía constantemente fuera de la Cámara de Compensación clearing house
Explanation:
there's no metaphore in this phrase ... if a bank does not comply with several rules and restrictions, it can not be represented in clearing house, the place where all bank-to-bank transactions (i.e. cheks) are cleared/compensated
--------------------------------------------------
Note added at 10 hrs (2006-02-14 09:20:09 GMT)
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you can confirm what a "camara de compensaciones" is this glossary:
http://www.monografias.com/trabajos/econoglos/econoglos.shtm...
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The translation workplace 
