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Kreditinanspruchnahme

English translation: borrowing is possible / loans are available...

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07:11 May 14, 2001
German to English translations [PRO]
Bus/Financial
German term or phrase: Kreditinanspruchnahme
Part of a loan agreement:

"Kreditinanspruchnahme:
Inanspruchnahmen sind in frei konvertierbaren und transferierbaren Euro-Devisen möglich."
Fiona Busfield
United Kingdom
English translation:borrowing is possible / loans are available...
Explanation:
...in free convertible and transferrable European currencies.
Kredit here means loan, and Inanspruchnahme means to avail oneself of something.
Selected response from:

Muhammad Riedinger
Pakistan
Local time: 08:38
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
nausing a credit line / drawing on a credit linegangels
naKreditinanspruchnahme
EMatt
naboth answers are wrong
Alexander Schleber
naborrowing is possible / loans are available...
Muhammad Riedinger
naconvertible (into cash), cashable
Saskia


  

Answers


8 mins
convertible (into cash), cashable


Explanation:
self-explanatory

Saskia
Local time: 21:38
Native speaker of: Native in DutchDutch, Native in EnglishEnglish
PRO pts in pair: 179

Peer comments on this answer (and responses from the answerer)
Ulrike Lieder
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37 mins
borrowing is possible / loans are available...


Explanation:
...in free convertible and transferrable European currencies.
Kredit here means loan, and Inanspruchnahme means to avail oneself of something.


    Mom's tongue
Muhammad Riedinger
Pakistan
Local time: 08:38
Native speaker of: Native in GermanGerman
PRO pts in pair: 26
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59 mins
both answers are wrong


Explanation:
Kreditinanspruchnahme = drawing on a loan

SDo in your context the drawing on the loan would be possible on freely convertible and transferable EURO currencies.

Alexander Schleber
Belgium
Local time: 04:38
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in pair: 2340
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2 days 19 hrs
Kreditinanspruchnahme


Explanation:
Kreditinanspruchnahme is loan takeout



    10 years U.S. bank experience
EMatt
Local time: 22:38
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in pair: 222
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7 days
using a credit line / drawing on a credit line


Explanation:
This is business English. You cannot draw on a loan, you only can spend the money of a loan, just as you don't draw on your paycheck. In other words, you only draw on reserves, which a credit line is

gangels
Local time: 20:38
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in pair: 5508
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