Glossary entry (derived from question below)
Dutch term or phrase:
rentesaldering
English translation:
netting of interest
Added to glossary by
Dave Calderhead
Dec 1, 2005 20:16
18 yrs ago
Dutch term
rentesaldering
Dutch to English
Bus/Financial
Finance (general)
credit policy manual
"Een verpande effectenportefeuille mag:
- Niet zijn gekoppeld aan andere rekeningen (ook niet i.v.m. rentesaldering)"
Any suggestions for this term? TIA for your assistance. Cheers, R.
- Niet zijn gekoppeld aan andere rekeningen (ook niet i.v.m. rentesaldering)"
Any suggestions for this term? TIA for your assistance. Cheers, R.
Proposed translations
(English)
4 +2 | netting of interest |
Dave Calderhead
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3 +1 | interest pooling |
jarry (X)
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Proposed translations
+2
3 mins
Selected
netting of interest
or interest balancing/offsetting
3 KudoZ points awarded for this answer.
Comment: "Thank you, Dave. :-)"
+1
11 hrs
interest pooling
http://www.appello.hu/cgi-bin/i.php?m0=2&m1=9&m2=1
CASH AND INTEREST POOLING
The Cash and Interest Pooling system makes possible the aggregate interest earning of accounts ordered into one group for prominent corporate clients having more deposits or subsidiaries and also the group-level monitoring of collaterals required for the transactions initiated from the accounts.
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Note added at 11 hrs 36 mins (2005-12-02 07:53:00 GMT)
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http://66.249.93.104/search?q=cache:MymC5Zo2KbUJ:www.accessb...
Customers with several accounts (especially group companies) who want to maintain the balances on the various accounts yet enjoy the benefit of minimum interest cost and maximum interest income would find Access Interest Pooling indispensable. Access Interest Pooling simply offsets debit and credit balances for interest calculation and reallocation without actual movement of the funds.
CASH AND INTEREST POOLING
The Cash and Interest Pooling system makes possible the aggregate interest earning of accounts ordered into one group for prominent corporate clients having more deposits or subsidiaries and also the group-level monitoring of collaterals required for the transactions initiated from the accounts.
--------------------------------------------------
Note added at 11 hrs 36 mins (2005-12-02 07:53:00 GMT)
--------------------------------------------------
http://66.249.93.104/search?q=cache:MymC5Zo2KbUJ:www.accessb...
Customers with several accounts (especially group companies) who want to maintain the balances on the various accounts yet enjoy the benefit of minimum interest cost and maximum interest income would find Access Interest Pooling indispensable. Access Interest Pooling simply offsets debit and credit balances for interest calculation and reallocation without actual movement of the funds.
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