GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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17:41 Mar 16, 2021 |
Romanian to English translations [PRO] Bus/Financial - Accounting | |||||||
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| Selected response from: Adrian MM. Austria | ||||||
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3 +1 | under- and over-secured loans and advances > credit facilities |
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under- and over-secured loans and advances > credit facilities Explanation: - as opposed to unsecured debts and USA: pre-preferred UK: pre-peferential *claims* on and in insolvency. Ref.: (i) acele creditele unde valoarea neta prezenta a garanțiilor și alte sustineri ale creditului sunt egale sau depășesc valoarea contabilă a activului ("active supragarante") și (ii) acele credite unde valoarea neta prezenta a garantiilor si alte sustineri ale creditului sunt mai mici decât valoarea contabilă a activului ("active subgarantate"). Alas, I can read an English balance sheet rather than the Romanian ... or Moldovian language. Example sentence(s):
Reference: http://www.bvb.ro/infocont/infocont20/PBK_20200817185226_PBK... Reference: http://www.consumercredit.com/secured-loan-vs-unsecured-loan... |
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