cd. scarto di garanzia

English translation: what is termed a "haircut" / known as a "haircut"

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:cd. scarto di garanzia
English translation:what is termed a "haircut" / known as a "haircut"
Entered by: James (Jim) Davis

16:40 Sep 20, 2011
Italian to English translations [PRO]
Bus/Financial - Finance (general) / Banking Contracts
Italian term or phrase: cd. scarto di garanzia
I know this is a haircut, but anyone know what the *cd.* stands for? Absolutley standarde contract terms from what I gather on the internet, as follows:

[...] un importo pari al credito risultante dalla/e fattura/e, contratto/i o altro documento/i anticipati, ridotto di una percentuale (ed. scarto di garanzia).
Anna ZANNELLA
Italy
Local time: 08:40
what is termed a "haircut"
Explanation:
Or just omit. It is così detto
Selected response from:

James (Jim) Davis
Seychelles
Local time: 11:40
Grading comment
3 KudoZ points were awarded for this answer



Summary of answers provided
5 +3what is termed a "haircut"
James (Jim) Davis


Discussion entries: 1





  

Answers


3 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
what is termed a "haircut"


Explanation:
Or just omit. It is così detto

James (Jim) Davis
Seychelles
Local time: 11:40
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4496

Peer comments on this answer (and responses from the answerer)
agree  Teresa Valaer
3 hrs

agree  Peter Cox
16 hrs

agree  Dominic Currie: "known as" is another alternative I sometimes us for così detto, when I don't omit it altogether
1 day 16 hrs
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