Glossary entry

French term or phrase:

incidence en taux des frais de dossier

English translation:

the effect of administration charges in terms of rates

Added to glossary by Christopher Burin
Feb 16, 2007 06:46
17 yrs ago
2 viewers *
French term

incidence en taux des frais de dossier

French to English Bus/Financial Finance (general)
Hi. I wondered if anyone could help me with this. It comes under 'Renseignements financiers', in a mortgage approval document. I found this link which sheds some more light on the phrase but am still unsure how to translate it:

http://www.pass.fr/tout-sur-pass/infos-pratiques/glossaire.h...

Is it 'costs as a percentage of loan fees' or something like that? If anyone could help I would be very grateful - thanks :-)

Chris

Proposed translations

+2
1 hr
Selected

the effect of administration charges in terms of rates

I am not an expert in this financial field.

What exactly you call these "frais de dossier" will depend on what they have been called throughout the rest of your document, as companies seem to use different expressions, though the idea is the same; for mortgages, I've even seen "setting-up fee/charge"
Peer comment(s):

agree Rob Grayson : Yes, Tony, that's it - effect/impact of fees/charges on overall rates. Googling this search term will mostly bring up refs to the definition of "TEG", and specifically how much of the overall rate is accounted for by these charges.
6 mins
Thanks, Rob! I know that sometimes hefty charges can add a "hidden" ¼% or whatever...
agree Charles Hawtrey (X) : My (UK) mortgage has a Tariff of Charges. Nearly all of them are fixed per item, but one is a straight percentage - so "percentage effect of administration charges" seems OK to me.
3 hrs
Thanks, Charles!
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4 KudoZ points awarded for this answer. Comment: "Guys thanks ever so much to all of you for your time and help - I was really unsure about this phrase so it's much appreciated. Thanks :-)"
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