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tasa variable de recuperación

English translation: variable recovery rate / variable rate of recovery

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:tasa variable de recuperación
English translation:variable recovery rate / variable rate of recovery
Entered by: trans4u
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21:30 Mar 7, 2008
Spanish to English translations [PRO]
Bus/Financial - Finance (general)
Spanish term or phrase: tasa variable de recuperación
The context is a credit card offer. Here is some context. The term in question is near the end. I have heard of "tasa de recuperación" as "rate of return" on an investment, but that would not apply here, as this is a credit card. The offer is from an American company doing business in Mexico.

Thanks for any help.
______________________________________

A partir de noviembre de 2007, la Tasa
de Porcentaje Anual (APR) variable es de 11.87%, 12.37%, 17.87%, 18.37%, 21.37%, 21.87% ó 22.37%. Las Tasas de Porcentaje Anual (APRs) variables de morosidad serán de 26.99%;
27.49%. Las Tasas de Porcentaje Anual (APRs) variables de recuperación serán de 21.37%; 21.87%.
Alan Lambson
Local time: 17:12
variable recovery rate / variable rate of recovery
Explanation:
.

--------------------------------------------------
Note added at 1 day40 mins (2008-03-08 22:10:29 GMT)
--------------------------------------------------

It's talking about the percentage rate of the credit card balance at which they can recover the bad debt. The rate at which they can collect on a past due credit card balance.
Selected response from:

trans4u
Local time: 17:12
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +5variable recovery rate / variable rate of recoverytrans4u


  

Answers


22 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +5
variable recovery rate / variable rate of recovery


Explanation:
.

--------------------------------------------------
Note added at 1 day40 mins (2008-03-08 22:10:29 GMT)
--------------------------------------------------

It's talking about the percentage rate of the credit card balance at which they can recover the bad debt. The rate at which they can collect on a past due credit card balance.

trans4u
Local time: 17:12
Native speaker of: Native in SpanishSpanish
PRO pts in category: 24
Grading comment
Selected automatically based on peer agreement.
Notes to answerer
Asker: Thank you. I have just never heard of a "recovery rate" applied to a credit card balance. Do you know what that means?


Peer comments on this answer (and responses from the answerer)
agree  Egmont
2 hrs
  -> Gracias.

agree  Victoria Burns:
13 hrs
  -> Gracias, Victoria.

agree  Rocio Barrientos: Si, con seguridad - le dí vueltas al asunto, es la tasa recuperación variable que tiene la empresa que emite las tarjetas...
17 hrs
  -> Gracias, Rocio.

agree  Nelida Kreer: Recuperación del dinero adelantado/crédito, como antes habla de morosidad.....La emisora de la tarjeta le paga al comerciante, y luego el consumidor paga a la emisora de la tarjeta [que recupera] o no paga [y queda como moroso]. Así lo entiendo.
23 hrs
  -> Si. Al tratar de recuperar la deuda. Muchas gracias, Niki.

agree  Maria Ramon
1 day17 mins
  -> Gracias, Maria.
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Changes made by editors
Mar 21, 2008 - Changes made by trans4u:
Created KOG entryKudoZ term » KOG term


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