Offsetting

11:40 Feb 5, 2020
English to Arabic translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: Offsetting
This is when the credit balances in a current and saving account are netted off against the account holders borrowings (typically a mortgage) so that the rate paid on the borrowing is reduced as a result of the credit held in other accounts, which reduces the amount that is being borrowed.
Mahmoud


Summary of answers provided
4 +2مقاصة
mona elshazly
4تسوية
hassan zekry


  

Answers


0 min   confidence: Answerer confidence 4/5Answerer confidence 4/5
offsetting
تسوية


Explanation:
.

hassan zekry
Local time: 23:08
Specializes in field
Native speaker of: Native in ArabicArabic
PRO pts in category: 563
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25 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
offsetting
مقاصة


Explanation:
مقاصة


    Reference: http://www.almaany.com/ar/dict/ar-en/offsetting/
mona elshazly
Egypt
Local time: 23:08
Native speaker of: Native in ArabicArabic
PRO pts in category: 154

Peer comments on this answer (and responses from the answerer)
agree  sjaatoul
7 hrs

agree  ِAdel Almergawy: I agree
7 hrs
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