Glossary entry (derived from question below)
Spanish term or phrase:
línea de crédito flotante
English translation:
Floating Credit Line / floating line of credit
Added to glossary by
Ana Brassara
Aug 9, 2006 01:48
17 yrs ago
5 viewers *
Spanish term
United States
US Court Cert. 1980 Ph.D. 1981
Native in: English
Works in: Spanish to English, Portuguese to English, English to Spanish, and 2 more.
línea de crédito flotante
Spanish to English
Bus/Financial
Finance (general)
de Venezuela
At first blush, I assumed "línea de crédito" is "line of credit" and that "flotante" might be "floating" "flexible", etc.
However, after a little research I found the following translations for "línea de crédito:"
accommodation line (Alcaraz Varó y Hughes) // credit line (Urrutia) // borrowing facility (Orellana)
So, what would the best translation be of this phrase from thish context?
PRIMERA: ABC, antes identificada, es propietaria y acreedora de varais cuentas con diferentes inversiones en diversos Bancos de los Estados Unidos de Norteamérica y extiende una línea de crédito flotante a favor de XYZ, antes identificada, hasta por la cantidad de DOS MILLONES DE DÓLARES AMERICANOS (USA$ 2.000.000,00) los cuales podrán ser movilizados y/o retirados de dichas cuentas en las suma o cantidades que considere conveniente, mediante el sistema de préstamos a corto plazo (overnight).
However, after a little research I found the following translations for "línea de crédito:"
accommodation line (Alcaraz Varó y Hughes) // credit line (Urrutia) // borrowing facility (Orellana)
So, what would the best translation be of this phrase from thish context?
PRIMERA: ABC, antes identificada, es propietaria y acreedora de varais cuentas con diferentes inversiones en diversos Bancos de los Estados Unidos de Norteamérica y extiende una línea de crédito flotante a favor de XYZ, antes identificada, hasta por la cantidad de DOS MILLONES DE DÓLARES AMERICANOS (USA$ 2.000.000,00) los cuales podrán ser movilizados y/o retirados de dichas cuentas en las suma o cantidades que considere conveniente, mediante el sistema de préstamos a corto plazo (overnight).
Proposed translations
(English)
| 5 +3 | Floating Credit Line / floating line of credit |
Ana Brassara
|
| 4 | revolving line of credit |
Paul Merriam
|
Proposed translations
+3
6 mins
Ana Brassara
Native in Spanish
Specializes in field
High Quality Translations
Native in: Spanish 
Works in: English to Spanish, Spanish to English
Related KudoZ points
:
114
Selected
Floating Credit Line / floating line of credit
Floating Credit Line: During each order, the credit line is reduced with the order value. After an invoice(s) is(are) paid, the credit line will automatically be increased again with the amount of the invoice(s) paid. This implies that you should only request this credit line once. In case the credit limit is reached, ordering is only possible through Credit Card payments or after paying outstanding invoices.
https://nextdayoqaos.materialise.com/secured/creditinfo.asp
Appeal of CORAL S. VELLOCIDO - PS Docket No. DCA-47 - [ Traduzca esta página ]
In the interim Petitioner had received information from one of Wolf's agents that Wolf had a $15000 floating line of credit with its bank (Tr. 132; 145-46). ...
www.usps.com/judicial/1989deci/dca89-47fd.htm - 12k - En caché - Páginas similares
Baker & Sons Equipment Co. v. GSO Equipment Leasing, Inc (Ohio 05 ... - [ Traduzca esta página ]
To provide operating funds, GSO Equipment also obtained a floating line of credit from BancOhio, secured by an interest in all of GSO Equipment's inventory ...
www.assetprotectionbook.com/1993_OH_40347.htm - 81k
https://nextdayoqaos.materialise.com/secured/creditinfo.asp
Appeal of CORAL S. VELLOCIDO - PS Docket No. DCA-47 - [ Traduzca esta página ]
In the interim Petitioner had received information from one of Wolf's agents that Wolf had a $15000 floating line of credit with its bank (Tr. 132; 145-46). ...
www.usps.com/judicial/1989deci/dca89-47fd.htm - 12k - En caché - Páginas similares
Baker & Sons Equipment Co. v. GSO Equipment Leasing, Inc (Ohio 05 ... - [ Traduzca esta página ]
To provide operating funds, GSO Equipment also obtained a floating line of credit from BancOhio, secured by an interest in all of GSO Equipment's inventory ...
www.assetprotectionbook.com/1993_OH_40347.htm - 81k
4 KudoZ points awarded for this answer.
Comment: "Thank you Anita and Paul."
1 hr
Paul Merriam
Native in English
Works in field
Years of experience
Native in: English
Works in: Russian to English, Polish to English, German to English, and 1 more.
Related KudoZ points
:
24
revolving line of credit
At least that's what it's called when I borrow it. Although I don't borrow millions of dollars, it's the same principle.
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