Dec 19, 2003 10:57
20 yrs ago
English term

Tender loan

Non-PRO English to French Bus/Financial
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.

Proposed translations

+1
31 mins

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

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Note added at 2003-12-19 12:38:50 (GMT)
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rectification: ... et à remboursements périodiques (pluriel)

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Note added at 2003-12-23 16:32:17 (GMT)
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Qu\'en pensez-vous trfrederic ? le 23 décembre 2003. Si vous avez trouvé mieux merci de me le faire savoir. Gilbertlu
Peer comment(s):

agree TXservices
10 hrs
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