data di fine revolving

English translation: end of the revolving period

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:data di fine revolving
English translation:end of the revolving period
Entered by: EirTranslations

11:04 Sep 2, 2012
Italian to English translations [PRO]
Bus/Financial - Accounting
Italian term or phrase: data di fine revolving
Pls see below thanks for financial statements

A seguito delle modifiche contrattuali avvenute in data 13 maggio 2011, è stata principalmente posticipata
la data di fine revolving dalla payment date maggio 2011 alla payment date di giugno 2011 e fissata la data per il rimborso del capitale dei titoli alla payment date di giugno 2011.
EirTranslations
Ireland
Local time: 05:25
end of the revolving period
Explanation:
final date of the revolving period
the end of the revolving period was postponed from the May payment date etc..
Selected response from:

CristianaC
United Kingdom
Local time: 05:25
Grading comment
thx
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2end of the revolving period
CristianaC
3the revolving securitized period
tradu-grace


  

Answers


3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
end of the revolving period


Explanation:
final date of the revolving period
the end of the revolving period was postponed from the May payment date etc..

CristianaC
United Kingdom
Local time: 05:25
Specializes in field
Native speaker of: Native in ItalianItalian, Native in EnglishEnglish
PRO pts in category: 197
Grading comment
thx

Peer comments on this answer (and responses from the answerer)
agree  Peter Cox
12 hrs
  -> thanks Peter

agree  tradu-grace: yes cristianac. I forgot "fine" =end of.
17 hrs
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3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
the revolving securitized period


Explanation:
just a suggestion.

Explanation: it seems a postponement incurred in the a/m period of time from the payment date May 2011 to June 2011.

(just in case your question is related to your previous one involving the "cartolarizzazione" i.e. securitisation).

May be, the following link in pdf can be of some help Beatriz:

http://repository01.lib.tufts.edu:8080/fedora/get/tufts:UA01...


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Note added at 3 ore (2012-09-02 14:14:24 GMT)
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Revolving Credit and Early Amortization
In contrast to term securitizations, revolving securitizations have two distinct phases: the
revolving period and the amortization period. In the revolving period, which may be any length
of time but usually ranges from 18 to 48 months, the seller receives principal payments, while
investors only receive periodic interest payments. The source of these interest payments are the
finance charges from the underlying securitized assets (and/or CE, if applicable). Any principal
repaid during this period is used to purchase additional receivables, in order to maintain a
constant underlying level to support investor interests.
The amortization period begins upon the termination of the revolving period and is when
the securities are retired. During this period, which usually lasts approximately 12 months,
principal collections are no longer used to purchase additional receivables but instead are paid out
to investors over this time


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Note added at 21 ore (2012-09-03 08:47:16 GMT)
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Sorry, I just forgot "end of the ....." of course.

tradu-grace
Italy
Local time: 06:25
Works in field
Native speaker of: Native in ItalianItalian, Native in FrenchFrench
PRO pts in category: 19
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