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costi anticipati

English translation: prepaid costs

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:costi anticipati
English translation:prepaid costs
Entered by: Laura Lucardini
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14:07 Feb 14, 2008
Italian to English translations [PRO]
Bus/Financial - Accounting / Balance sheet
Italian term or phrase: costi anticipati
In the "Ratei e Risconti attivi" account, together with Ratei attivi and Risconti attivi, I find Costi anticipati. Anyone knows the exact English translation?
Many thanks in advance!
Laura Lucardini
Local time: 16:45
prepaid costs / costs paid in advance
Explanation:
This is like paying your electricity bill or your rent in advance. It is an asset, it is electricity you own and haven't used.
Selected response from:

James (Jim) Davis
Seychelles
Local time: 19:45
Grading comment
Many thanks!
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +4prepaid costs / costs paid in advance
James (Jim) Davis


  

Answers


13 mins   confidence: Answerer confidence 5/5 peer agreement (net): +4
prepaid costs / costs paid in advance


Explanation:
This is like paying your electricity bill or your rent in advance. It is an asset, it is electricity you own and haven't used.

James (Jim) Davis
Seychelles
Local time: 19:45
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1423
Grading comment
Many thanks!

Peer comments on this answer (and responses from the answerer)
agree  simon tanner
7 mins

agree  Tom in London
1 hr

agree  Giovanni Pizzati
1 hr

agree  Peter Cox
3 hrs
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