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tasa .... activa adelantada/vencida

English translation: lending rate, in advance or in arrears


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:tasa activa adelantada/vencida
English translation:lending rate, in advance or in arrears
Entered by: patinba
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15:59 May 21, 2011
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / bank loan
Spanish term or phrase: tasa .... activa adelantada/vencida
Nos obligamos a pagar a XXXX por la cantidad de días que en
cada caso pactemos, intereses compensatorios sobre el capital
del préstamo. La tasa a aplicar será la activa adelantada/vencida
que convengamos con XXXX al inicio de cada período. En caso
de discrepancia, cancelaremos el total del crédito más los intereses
compensatorios devengados, mediante débito en nuestra
cuenta corriente, la que nos comprometemos a mantener con
provisión de fondos suficientes.
Martin Harvey
Spain
lending rate, in advance or in arrears
Explanation:
ie deducted from the loan at the outset, or paid at the end of the interest period
Selected response from:

patinba
Argentina
Local time: 04:47
Grading comment
Muchas gracias!
4 KudoZ points were awarded for this answer



Summary of answers provided
5lending rate, paid in advance - on maturity
juslar
4lending rate, in advance or in arrearspatinba


  

Answers


2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
lending rate, in advance or in arrears


Explanation:
ie deducted from the loan at the outset, or paid at the end of the interest period

patinba
Argentina
Local time: 04:47
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 564
Grading comment
Muchas gracias!
Login to enter a peer comment (or grade)

4 hrs   confidence: Answerer confidence 5/5
lending rate, paid in advance - on maturity


Explanation:
Both rates are usually the same. The difference is the effective rate: When you pay the former the interest is dedected from the loan so you get only the net amount but the interest is calculated on the whole nominal loan amount. The effective rate is bigger than the nominal (in advance) rate. Wuith the latter method the nominal and effective rates are the same

juslar
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 52
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Changes made by editors
Jun 8, 2011 - Changes made by patinba:
Created KOG entryKudoZ term => KOG term


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