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  3. Business/Commerce (general)

geaccepteerde, in de bank gedomicilieerde wissels

English translation: accepted note, domiciled at the bank

16:17 Oct 19, 2007
Dutch to English translations [PRO]
Bus/Financial - Business/Commerce (general) / business law, banking
Dutch term or phrase: geaccepteerde, in de bank gedomicilieerde wissels
In the context of a lease, they are talking about the rate that they charge interest at, and it refers to "the discount rate of the National Bank of Belgium for 'geaccepteerde, in de bank gedomicilieerde wissels'". Please if you answer, give the equivalent for American English.
Carl Olsen
English translation:accepted note, domiciled at the bank
Explanation:
This is what I arrive at when checking TFM.
Selected response from:

Margreet Logmans (X)
Netherlands
Local time: 06:02
Grading comment
I like this answer the best. I think "notes" is the most current term in the US, not "bill of exchange" or "draft", which is what my very old dictionary gave. I think the idea is that it's a promissory note, that the bank accepts and discounts on behalf of one of its customers, and that's the discount rate they were talking about. So it agrees with the context.
4 KudoZ points were awarded for this answer



Summary of answers provided
2accepted note, domiciled at the bank
Margreet Logmans (X)


Discussion entries: 2





  

Answers


1 hr   confidence: Answerer confidence 2/5Answerer confidence 2/5
accepted note, domiciled at the bank


Explanation:
This is what I arrive at when checking TFM.

Margreet Logmans (X)
Netherlands
Local time: 06:02
Specializes in field
Native speaker of: Dutch
PRO pts in category: 9
Grading comment
I like this answer the best. I think "notes" is the most current term in the US, not "bill of exchange" or "draft", which is what my very old dictionary gave. I think the idea is that it's a promissory note, that the bank accepts and discounts on behalf of one of its customers, and that's the discount rate they were talking about. So it agrees with the context.

Peer comments on this answer (and responses from the answerer)
neutral  writeaway: what is TFM. this is a Belgian document fwiw.Can you show more substantial references?/agree with accepted and domiciled but I think wissels are bills of exchange, not notes. Check the www.
29 mins
  -> Kluwer Terminologie Financieel Management Ne-En
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