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10:30 Feb 19, 2007
German to English translations [PRO]
Bus/Financial - Finance (general) / Kreditwesengesetz, Kreditkartengeschäft
German term or phrase: Kreditnehmereinheit
Abbilung der Forderungen an eine Kreditnehmereinheit...
Ingrid de Berger
Local time: 23:30

Summary of answers provided
3 +1creditor unit
Alison Schwitzgebel



3 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
creditor unit

My first stab:

"In the statistical frameworks of the 1993 SNA, GFSM 2001, and the Debt Guide, a financial liability arises when a financial claim is created between two units. The debtor unit in a financial claim is obligated to provide the payment or payments that the creditor unit has a right to receive according to the terms and conditions specified in a contract between the two units. Thus, a liability is an obligation to provide economic benefits to the unit holding the corresponding financial claim"

Note added at 4 mins (2007-02-19 10:34:17 GMT)

oh duuuuh...... I meant "debtor unit" - "Kreditgeber" is the creditor

    Reference: http://www.imf.org/external/np/sta/tfhpsa/2006/03/pdf/shephe...
Alison Schwitzgebel
Local time: 23:30
Meets criteria
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 241

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