GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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01:18 Aug 31, 2014 |
Portuguese to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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| Selected response from: Mario Freitas Brazil Local time: 05:20 | ||||||
Grading comment
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Summary of answers provided | ||||
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3 | released/authorized |
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released/authorized Explanation: Considering the FCVS is a government fund, it's likely released in intallments or portions. Each portion released becomes an allowance and may be drawn. The stretch may refer to the portion that has been authorized and release, which of course has a higher value in the market if it's negotiable. |
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