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efecto de actualizacion de prestamos de instituciones financieras

English translation: financial institution loan updating impact


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:efecto de actualizacion de prestamos de instituciones financieras
English translation:financial institution loan updating impact
Entered by: Michael Powers (PhD)
Options:
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22:31 Jul 30, 2009
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / on an airline's financial statement(Mexico)
Spanish term or phrase: efecto de actualizacion de prestamos de instituciones financieras
I understand we are referring to loans from financial institutions but what does "efecto de actualizacion" mean?

Thanks!
Laurel Thompson
United States
Local time: 14:57
financial institution loan updating impact
Explanation:
I believe this is what it means.

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Note added at 6 mins (2009-07-30 22:38:02 GMT)
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Specifically, "efecto de actualización" is "updating impact" of the consequence or impact of updating or bringing to the present the financial institution loans in this case.

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Note added at 6 mins (2009-07-30 22:38:36 GMT)
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Marina Orellana. Glosario internacional del traductor.

"efecto: ... consequence; impact ... "

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Note added at 4 days (2009-08-04 18:06:22 GMT) Post-grading
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My pleasure, Laurel - Mike :)
Selected response from:

Michael Powers (PhD)
United States
Local time: 14:57
Grading comment
Thanks, yes, it is the "impact" whether plus or minus, on the accounting figures after the loan is updated.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2financial institution loan updating impact
Michael Powers (PhD)
3the effect(s) of (bank) loan readjustmentRick Larg


  

Answers


8 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
the effect(s) of (bank) loan readjustment


Explanation:
Loan readjustment is frequently applied to mortgages, so I can't help wondering how useful the reference to financial institutions really is. This 'readjustment' is sometimes known as 'modification' too. The idea is to help avoid people defaulting on repayments

Rick Larg
Spain
Local time: 20:57
Native speaker of: Native in EnglishEnglish
Login to enter a peer comment (or grade)

5 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
financial institution loan updating impact


Explanation:
I believe this is what it means.

--------------------------------------------------
Note added at 6 mins (2009-07-30 22:38:02 GMT)
--------------------------------------------------

Specifically, "efecto de actualización" is "updating impact" of the consequence or impact of updating or bringing to the present the financial institution loans in this case.

--------------------------------------------------
Note added at 6 mins (2009-07-30 22:38:36 GMT)
--------------------------------------------------

Marina Orellana. Glosario internacional del traductor.

"efecto: ... consequence; impact ... "

--------------------------------------------------
Note added at 4 days (2009-08-04 18:06:22 GMT) Post-grading
--------------------------------------------------

My pleasure, Laurel - Mike :)

Michael Powers (PhD)
United States
Local time: 14:57
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 585
Grading comment
Thanks, yes, it is the "impact" whether plus or minus, on the accounting figures after the loan is updated.

Peer comments on this answer (and responses from the answerer)
agree  David Hollywood: maybe just "updating" (not sure if the "impact" is necessary) but could be a factor :)
1 min
  -> Maybe it isn't - thank you, David - Mike :)

agree  Multitran: I like it, it seems to be the right way to say it.
24 mins
  -> Thank you, Multitran - Mike :)

neutral  philgoddard: But what does "updating impact" mean? I think it's something to do with discounting them, or calculating their net present value.
2 hrs
  -> Gracias, phiigoddard - Mike :)
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Changes made by editors
Aug 4, 2009 - Changes made by Michael Powers (PhD):
Field (specific)Aerospace / Aviation / Space => Finance (general)
Aug 4, 2009 - Changes made by Michael Powers (PhD):
Created KOG entryKudoZ term => KOG term


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