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comisión de apertura

English translation: commitment fee, commitment charge

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08:52 Oct 24, 2000
Spanish to English translations [PRO]
Bus/Financial
Spanish term or phrase: comisión de apertura
Initial charge in car credit finance schemes
keith
English translation:commitment fee, commitment charge
Explanation:

"a fee paid by a borrower to a lender in the period between approval of a loan and disbursement of the loan.Intended to reimburse the lender for the cost associated with meeting a disbursement request on demand.Usually stated as a percentage of the loan amount approved and much less than the interest rate charged for the loan commencing with disbursement"
Selected response from:

xxxJon Zuber
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
nacomisión de aperturaTigram
nahandling feexxxLia Fail
naLoan application fee.
Luis Luis
nacommitment fee, commitment chargexxxJon Zuber


  

Answers


35 mins
commitment fee, commitment charge


Explanation:

"a fee paid by a borrower to a lender in the period between approval of a loan and disbursement of the loan.Intended to reimburse the lender for the cost associated with meeting a disbursement request on demand.Usually stated as a percentage of the loan amount approved and much less than the interest rate charged for the loan commencing with disbursement"


    Reference: http://europa.eu.int/eurodicautom/
xxxJon Zuber
PRO pts in pair: 172
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2 hrs
Loan application fee.


Explanation:
Regards.
Luis Luis

Luis Luis
United States
Local time: 20:48
Native speaker of: Native in PortuguesePortuguese
PRO pts in pair: 171
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3 hrs
handling fee


Explanation:
This is the standard term to refer to the costs charged to the client for 'handling'(dealing with) the documentation, administration costs etc

xxxLia Fail
Spain
Local time: 03:48
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 1368
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5 days
comisión de apertura


Explanation:
Fee charged by financial institutions for either opening a savings, checking or other kind of account, or granting a loan.

Tigram
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