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Kapitalanteilschulden

English translation: portion of the principal amount of loan

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Kapitalanteilschulden
English translation:portion of the principal amount of loan
Entered by: Dawn Montague
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05:46 Apr 5, 2001
German to English translations [PRO]
Law/Patents
German term or phrase: Kapitalanteilschulden
Der Schuldner nimmt zur Kenntnis, dass falls er an die Bank eine Zahlung leistet, ohne unter irgendeinem Titel abgelaufene oder fällige Schulden zu haben (Vortilgung), wird die Bank – mangels sonstiger abweichender und eindeutiger Verfügung – den bezahlten Betrag für die Bezahlung der laut Darlehensvertrag am spätesten fällig werdenden Kapitalanteilschulden verrechnen, das heißt die Frist (der Ablauf) der Zurückzahlung des Darlehens wird geändert.
Dawn Montague
Local time: 05:49
portion of the principal amount of loan
Explanation:
It is again one of those crazy compounds, but the meaning is clear from the context. Here is the general meaning of the phrase:
If the Debtor makes a payment when it is not in fact due, then the Bank will count it towards the portion of the principal amount of the loan that is the latest to become due, thereby changing the total term during which the loan should be repaid.
Selected response from:

Asya Sokirko
United States
Local time: 05:49
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4 KudoZ points were awarded for this answer

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Summary of answers provided
nainstalment on debt repayment
Alexander Schleber
naportion of the principal amount of loan
Asya Sokirko


  

Answers


1 hr
portion of the principal amount of loan


Explanation:
It is again one of those crazy compounds, but the meaning is clear from the context. Here is the general meaning of the phrase:
If the Debtor makes a payment when it is not in fact due, then the Bank will count it towards the portion of the principal amount of the loan that is the latest to become due, thereby changing the total term during which the loan should be repaid.


    own experience; Routledge Dictionary of Business, Commerce and Finance
Asya Sokirko
United States
Local time: 05:49
Native speaker of: Native in RussianRussian, Native in EnglishEnglish
PRO pts in pair: 42
Grading comment
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1 hr
instalment on debt repayment


Explanation:
Complicated.
Kapital = the principal sum of a debtin
anteil = share, i.e. each share or rate in a repayment schedule

What they are saying is that any payment made to the bank for which no outstanding debts or payments to, will be collected against the last instalment due, thereby reducing the total number of repayments.

HTH


    Zahn
Alexander Schleber
Belgium
Local time: 11:49
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in pair: 2340
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