Glossary entry

Italian term or phrase:

utilizzi pieni del fido in conto corrente con ricorrenti debordi

English translation:

full usage of the credit line with frequent overdrafts

Added to glossary by Cecilia Di Vita
Mar 24, 2007 16:44
17 yrs ago
Italian term

utilizzi pieni del fido in conto corrente con ricorrenti debordi

Italian to English Bus/Financial Finance (general) conti correnti
il periodo intero è il seguente:

Il Comitato Esecutivo delibera la proroga degli affidamenti concessi alla XXX Spa [...] nonostante il rapporto sia caratterizzato da "utilizzi pieni del fido in conto corrente con ricorrenti debordi" e la struttura della società presenti una situazione finanziaria "squilibrata" ed una redditività "insufficiente".

Le virgolette citano passaggi di un altro documento.

Avete idee?

GIA

Proposed translations

+1
6 hrs
Selected

full usage of the credit line with frequent overdrafts

... is characterized by full usage of the credit line with frequent overdrafts, ...
Peer comment(s):

agree Peter Cox
4 hrs
Thank you very much.
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4 KudoZ points awarded for this answer. Comment: "thanks to all of you for your help! I'd go with Simon's option because it fits better the style of my text, although I realize that all your answers are correct. I wish I could split points... ;)"
2 hrs

full utilization/maxing out of their line of credit and frequent over the limit overdrafts

overdrafts are "debordi" (going overboard, going over the limit)
This company has an "overdraft protection line of credit" but it "maxes it out" as well as frequently exceeding its overdraft credit limit
see "maxing out" through these two links :
www.myficofixer.com/fix_credit.htm
www.howstuffworks.com/credit-report3.htm
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18 mins

full use of the authorised overdraft on current account and frequently exceeding...

.. and frequently exceeding the authorised amount.
That is the meaning. You could probably rearrange the whole sentence to get something more elegant for "debordi" which is not a technical term like fido for example and just means overflowing, exceeding.

utilizzi pieni del fido in conto corrente con ricorrenti debordi

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Note added at 12 hrs (2007-03-25 05:38:46 GMT)
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Since "sconfinamento su conto corrente" is another way of saying exacty the same thing, it is much better in English to say*exactly the same thing* in English. Using other words in English might make the reader thing it was something else, which it isn't. You can use "exceeding the limit" as a noun of "exceeding the overdraft". It needs and object.
Note from asker:
thanks Jim - however I already used "current account overdraft" in the same text as a translation for "sconfinamento su conto corrente", so maybe I'd better use "credit limit" here. And btw, can I use "exceeding" as a noun?
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