Glossary entry

Spanish term or phrase:

orden inverso al vencimiento

English translation:

reverse order of maturity; reverse order of maturities

Added to glossary by peterinmadrid
Mar 18, 2011 02:10
13 yrs ago
5 viewers *
Spanish term

orden inverso al vencimiento

Spanish to English Bus/Financial Finance (general) Loan Agreement
la amortización anticipada obligatoria descrita en el párrafo anterior, proveniente de la tesorería excedentaria generada al final de cada periodo, deberá reducir el plazo de la deuda en un plazo mínimo de dos años, mediante su aplicación en orden inverso al vencimiento..

Proposed translations

+2
3 mins
Selected

reverse order of maturity; reverse order of maturities

(the additional pay-downs will go to the longest-maturity obligations first, thereby more quickly reducing the overall maturity of the portfolio)
Peer comment(s):

agree Elizabeth Slaney : Yes, and this English term already appeared on proz for translation into French so it seems valid.
10 hrs
agree Ruth Ramsey : Yes, "maturity" is the correct term here.
14 hrs
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4 KudoZ points awarded for this answer. Comment: "Thank you, Techlaw!"
1 min

in reverse order of the due date

I would say ....

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Note added at 2 mins (2011-03-18 02:12:46 GMT)
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or: with/taking the due dates in reverse order
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