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"castigo la cartera de créditos"

English translation: the loan portfolio.... shall be written off

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Spanish term or phrase:	"castigo la cartera de créditos"
English translation:	the loan portfolio.... shall be written off
Entered by:	Marian Greenfield

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04:44 Dec 30, 2004

Spanish to English translations [PRO]
Bus/Financial - Finance (general)

Spanish term or phrase: "castigo la cartera de créditos"

Es susceptible de "castigo la cartera de créditos" que a juicio de la Administración se considere irrecuperable

German Correa KudoZ activity Questions: 82 (3 open) Answers: 45 Colombia
Local time: 20:58

the loan portfolio.... [deemed by Management...] shall be written off

Explanation:
x

Selected response from:

Marian Greenfield
United States
Local time: 20:58

Grading comment

Exactly! THANK YOU!
4 KudoZ points were awarded for this answer

Summary of answers provided

the loan portfolio.... [deemed by Management...] shall be written off

Marian Greenfield

Loan portfolio write-off

Richard Cadena

the loan portfolio is susceptible to loss(es)

Xenia Wong

Answers

19 mins confidence:

the loan portfolio is susceptible to loss(es)

Explanation:
sug. according to context.

Xenia Wong
United States
Local time: 20:58
Specializes in field
Native speaker of:

Spanish,

English
PRO pts in category: 282

44 mins confidence:

Loan portfolio write-off

Explanation:
Black's Law Dictionary has the following definition of write-off:
To remove (an asset) from the books, especially as a loss or expense.
Comment:
Since loans of a portfolio have been determined as non-recoverable, they are written off as a loss.
Hope this helps.
Almost 16 years translating for bie four and second tier International Accounting Firms in Mexico City.

Reference: http://aicpa.org
Reference: http://imcp.org.mx

Richard Cadena
Mexico
Local time: 19:58
Specializes in field
Native speaker of: