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Besicherung eines KK-Kredits

English translation: collateral to provide overdraft protection

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18:18 Nov 27, 2000
German to English translations [PRO]
Bus/Financial - Finance (general)
German term or phrase: Besicherung eines KK-Kredits
Eventuelle Ansprüche von Vorlieferanten, wie der Eigentumsvorbehalt oder der verlängerte Eigentumsvorbehalt werden zu unseren Gunsten aufgehebelt. Dies stellt einen wesentlichen Vorteil des echten Factoring gegenüber einer üblichen Zession zur Besicherung eines KK-Kredites dar. Hier gehen die Rechte der Vorlieferanten vor denen der Bank.
Phy
English translation:collateral to provide overdraft protection
Explanation:
or
collateralization of a credit in current account

In US parlance, you'd probably refer to this as overdraft protection. The "Besicherung" is the collateral or collateralization.

K/K-Kredit

In meinem Fall wäre ein Kontokorrentkredit am besten!

Die laufenden Kosten überschreiten hin und wieder Ihre Liquidität? Sie möchten auch für unvorhergesehene Ausgaben stets gerüstet sein? Der Kontokorrentkredit von Raiffeisen ist in solchen Fällen die ideale Lösung für eine flexible, günstige und unbürokratische Finanzierung
http://www.raiffeisen.it/htmlde/services/kkkredit/

From Schäfer, Wirtschaftsenglisch:
besichertes Darlehen n
(Fin) secured/collateralized . . . loan
– asset-backed loan
– loan against collateral
(ie, beyond the general credit of the borrower)
Besicherung f
(Fin) provision of collateral
– collateralization
Kontokorrentkredit m
(Fin) credit in current account
– advance in current account
– (GB) overdraft facility

HTH!
Selected response from:

Ulrike Lieder
Local time: 02:45
Grading comment
Very helpful - must get myself a Schaefer. Do you stay up all night?
4 KudoZ points were awarded for this answer

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Summary of answers provided
nacollateral to provide overdraft protectionUlrike Lieder


  

Answers


1 hr
collateral to provide overdraft protection


Explanation:
or
collateralization of a credit in current account

In US parlance, you'd probably refer to this as overdraft protection. The "Besicherung" is the collateral or collateralization.

K/K-Kredit

In meinem Fall wäre ein Kontokorrentkredit am besten!

Die laufenden Kosten überschreiten hin und wieder Ihre Liquidität? Sie möchten auch für unvorhergesehene Ausgaben stets gerüstet sein? Der Kontokorrentkredit von Raiffeisen ist in solchen Fällen die ideale Lösung für eine flexible, günstige und unbürokratische Finanzierung
http://www.raiffeisen.it/htmlde/services/kkkredit/

From Schäfer, Wirtschaftsenglisch:
besichertes Darlehen n
(Fin) secured/collateralized . . . loan
– asset-backed loan
– loan against collateral
(ie, beyond the general credit of the borrower)
Besicherung f
(Fin) provision of collateral
– collateralization
Kontokorrentkredit m
(Fin) credit in current account
– advance in current account
– (GB) overdraft facility

HTH!


Ulrike Lieder
Local time: 02:45
Native speaker of: German
PRO pts in category: 16
Grading comment
Very helpful - must get myself a Schaefer. Do you stay up all night?

Peer comments on this answer (and responses from the answerer)
Phyllis Egan

ILIANA KOLEVA
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Changes made by editors
Jul 24, 2015 - Changes made by Steffen Walter:
Field (specific)(none) » Finance (general)


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