Tender loan

10:57 Dec 19, 2003
English to French translations [Non-PRO]
English term or phrase: Tender loan
provides Opening Float, Tender Pickup, Tender Loan, Closing Float and Closing Declaration processing that are all fully configurable to enable tenders to be declared by count, serial number, tender denomination and tender total with fully configurable 'open' or 'blind' processing and exception handling.
Local time: 19:06

Summary of answers provided
5 +1Crédit à utilisation initiale complète et à remboursement périodique



31 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
Crédit à utilisation initiale complète et à remboursement périodique

A bank advance for a specific period which is usually repaid, with interest, by regular periodical installments.
After three years during which it will be revolving, the loan becomes a term loan, meaning that the amount must then be drawn down entirely for the rest of the period and then repaid either at maturity or according to an amortization schedule.
Réf. expérience perso et glossaire d'une grande banque internationale

Note added at 2003-12-19 12:38:50 (GMT)

rectification: ... et à remboursements périodiques (pluriel)

Note added at 2003-12-23 16:32:17 (GMT)

Qu\'en pensez-vous trfrederic ? le 23 décembre 2003. Si vous avez trouvé mieux merci de me le faire savoir. Gilbertlu

Local time: 20:06
Native speaker of: Native in FrenchFrench
PRO pts in pair: 1192

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agree  TXservices
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