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on a managed basis

German translation: Hinsichtlich der Außenstände auf Kreditkartenkonten blieb die Höhe von Abschreibungen

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04:37 Oct 16, 2001
English to German translations [PRO]
Bus/Financial
English term or phrase: on a managed basis
This is a quarterly report of a bank, where they go on about the write-offs they had to make for bad loans. The sentence goes like this: "On a managed basis, consumer bankcard charge-offs remained consistent with second quarter levels."
I don't quite understand what this "managed" basis is -- or what the corresponding term in German would be.
LegalTrans D
Turkey
German translation:Hinsichtlich der Außenstände auf Kreditkartenkonten blieb die Höhe von Abschreibungen
Explanation:
aus unerfüllten Kredit-Rückzahlungen auf dem Niveau des zweiten Quartals.

That's what I would write, but maybe there are more precise terms around which make the whole sentence smoother.

see explanations and links below

Managed Credit Card Receivables or Managed Basis: JPMorgan Chase uses this terminology to refer to its credit card receivables on the balance sheet plus securitized credit card receivables.

Charge-off:
The portion of principal and interest due on a loan that is written off when deemed to be uncollectible.
Selected response from:

utebartz
Grading comment
Thanks, Ute! After reading through more of the same stuff, I came to the conclusion that 'on a managed basis' simply means that these are receivables still under the management of the bank (and not sold, transferred to assets for sale or otherwise disposed of). Your answer was an eye opener.

Thanks again, and good luck!
Volkmar
4 KudoZ points were awarded for this answer

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Summary of answers provided
2Hinsichtlich der Außenstände auf Kreditkartenkonten blieb die Höhe von Abschreibungenutebartz


  

Answers


3 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
Hinsichtlich der Außenstände auf Kreditkartenkonten blieb die Höhe von Abschreibungen


Explanation:
aus unerfüllten Kredit-Rückzahlungen auf dem Niveau des zweiten Quartals.

That's what I would write, but maybe there are more precise terms around which make the whole sentence smoother.

see explanations and links below

Managed Credit Card Receivables or Managed Basis: JPMorgan Chase uses this terminology to refer to its credit card receivables on the balance sheet plus securitized credit card receivables.

Charge-off:
The portion of principal and interest due on a loan that is written off when deemed to be uncollectible.


    Reference: http://ar.jpmorganchase.com/ar/glossary/
    Reference: http://www.fanniemae.com/news/media/glossary/mortgage_glossa...
utebartz
PRO pts in pair: 27
Grading comment
Thanks, Ute! After reading through more of the same stuff, I came to the conclusion that 'on a managed basis' simply means that these are receivables still under the management of the bank (and not sold, transferred to assets for sale or otherwise disposed of). Your answer was an eye opener.

Thanks again, and good luck!
Volkmar
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