Glossary entry

English term or phrase:

sussidio a fondo perduto

Italian translation:

forgiveable loans

Added to glossary by Pasquale Capo
May 7, 2001 08:27
23 yrs ago
6 viewers *
English term

sussidio a fondo perduto

English to Italian Bus/Financial
manuale di microfinanza dei paesi in via di sviluppo

Proposed translations

32 mins
Selected

forgiveable loans

they are loans which do not need to be repeaid if certain conditions are met.
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4 KudoZ points awarded for this answer.
3 mins

a non-refundable subsidy

it's practically a gracious gift; a loan that is not a loan, because the lender will never ask for the money to be returned
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4 mins

non repayable funding

funds, grants, support funding, ecc.

4.4.3.1. Support for the creation of new jobs
For each newly created job for which an unemployed person is recruited, new cooperatives receive a non-repayable grant equal to 18 times the monthly national minimum wage. Up to a total of 20 jobs per new cooperative can be supported in this way.
http://www.ecotec.com/eeo/ersep/imi66_uk/00050019.htm

saluti

paola l m


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