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cancelaciones netas por fallidos

English translation: bankruptcy


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10:20 Mar 20, 2006
Spanish to English translations [PRO]
Bus/Financial - Finance (general)
Spanish term or phrase: cancelaciones netas por fallidos
Not sure how to translate this here. This is the annual report of a Spanish bank.

This particular heading is entitled "Losses arising from Impairment" (Pérdidas por deterioro). It then gives the following table:

Saldo al inicio del ejercicio
Dotaciones con cargo a resultados del ejercicio:
De las que:
Determinadas individualmente
Determinadas colectivamente
Recuperación de dotaciones con abono a resultados
Dotaciones netas del ejercicio
Cancelaciones netas por *fallidos* y otros movimientos

I believe cancelaciones would be write-offs (not sure) and am not at all sure about fallidos, which can mean various different things.

Thanks!
Will Griffin
Spain
Local time: 18:17
English translation:bankruptcy
Explanation:
bad debts....
Selected response from:

David Brown
Local time: 19:17
Grading comment
Thanks again!
4 KudoZ points were awarded for this answer



Summary of answers provided
4bankruptcyDavid Brown


  

Answers


13 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
bankruptcy


Explanation:
bad debts....

David Brown
Local time: 19:17
Native speaker of: Native in EnglishEnglish
PRO pts in category: 117
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Thanks again!
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