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línea de descuento (BANKING)

English translation: discount facility (or line)


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:línea de descuento
English translation:discount facility (or line)
Entered by: Lila del Cerro
Options:
- Contribute to this entry
- Include in personal glossary

21:38 Aug 16, 2002
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / banking
Spanish term or phrase: línea de descuento (BANKING)
captación de nuevos clientes que solicitaban préstamos o líneas de descuento.
Ross Andrew Parker
Local time: 20:49
Discount facility
Explanation:
I agree with the above answer, but why change the word if "discount" is also used in this context? The Lozano Irueste Dict. of Economic and Business terms has half a page of entries for different kinds of "descuento", and I'd say about 90% of them as "discount", including descuento bancario = bank discount, and tipo de descuento bancario = discount bank rate.

Facility is just another option for line (yes, I know line exists and is used in this context :-)

I hope this helps.
Selected response from:

Lila del Cerro
Local time: 15:49
Grading comment
Thanks Lila. That sounds like a good way of putting it and fits the context well.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +3Discount facility
Lila del Cerro
4 +3credit linePeter Bagney
5loans or low interest lines of creditJane Lamb-Ruiz
4discount lines of credit
P Forgas


  

Answers


4 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
credit line


Explanation:
the descuento part is to discount "letras", but it is a credit line all the same

Peter Bagney
PRO pts in category: 3

Peer comments on this answer (and responses from the answerer)
agree  Lila del Cerro
0 min

agree  MikeGarcia
9 mins

agree  Mariana Solanet
18 mins
Login to enter a peer comment (or grade)

12 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
Discount facility


Explanation:
I agree with the above answer, but why change the word if "discount" is also used in this context? The Lozano Irueste Dict. of Economic and Business terms has half a page of entries for different kinds of "descuento", and I'd say about 90% of them as "discount", including descuento bancario = bank discount, and tipo de descuento bancario = discount bank rate.

Facility is just another option for line (yes, I know line exists and is used in this context :-)

I hope this helps.

Lila del Cerro
Local time: 15:49
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 20
Grading comment
Thanks Lila. That sounds like a good way of putting it and fits the context well.

Peer comments on this answer (and responses from the answerer)
agree  MikeGarcia: Greenspan,Camdessus,Kohler and Pedro Pou couldn't have delivered a better answer!!! Queré que me pase prosternado todo el fin de semana??
2 mins
  -> No, pooooooooor favor.

agree  María Eugenia Wachtendorff: Sure. Discount facility or line
3 hrs
  -> Thanks, María.

agree  Nikki Graham
8 hrs
  -> Thank you, Nikki.
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15 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
discount lines of credit


Explanation:
STATE OF GEORGIA DEPARTMENT OF BANKING AND FINANCE
File Format: PDF/Adobe Acrobat - View as HTML
... are being conducted in a sound manner in keeping with generally accepted banking ... Commodity,
floor-plan and discount lines of credit which are anticipated to ...
www.state.ga.us/dbf/pdfdoc/FinalRegs1200.PDF

P Forgas
Brazil
Local time: 15:49
Native speaker of: Native in SpanishSpanish
PRO pts in category: 8
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1 hr   confidence: Answerer confidence 5/5
loans or low interest lines of credit


Explanation:
the low interest is understood to be low interest rate.
You can also say

line of credit with low interest rates but it's longer...

Jane Lamb-Ruiz
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in PortuguesePortuguese
PRO pts in category: 443
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