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Spanish to English translations [PRO]
Bus/Financial - Finance (general) | | Spanish term or phrase: facultades | | In a text about banking I have seen 'facultades' used in an unfamiliar sense. The sentence runs: "...nuevas políticas para la concesión de importes reducidos a acreditados con exposición elevada, lo que exige un menor nivel de facultades para dotar de mayor eficiencia los procesos" Can anyone help? |
|  Tony IsaacKudoZ activityQuestions: 28 (none open) ( 3 closed without grading) Answers: 42
Spain
| | Local time: 20:51
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| | authority/power | Explanation:
lower level of authority/power to provide greater efficiency
Oxford
Mike :)
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Note added at 4 days (2009-03-04 20:41:49 GMT) Post-grading
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You're welcome. |
| Selected response from:
 Michael Powers (PhD)
United States
Local time: 14:51
| Grading comment Thanks. Not an unfamiliar sense of 'facultades' after all! (I'd interpreted 'menor' as referring to the amount of authority, which seemed contradictory.)
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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The translation workplace 
peer agreement (net): +5
