May 14, 2001 07:11
23 yrs ago
4 viewers *
German term

Kreditinanspruchnahme

German to English Bus/Financial
Part of a loan agreement:

"Kreditinanspruchnahme:
Inanspruchnahmen sind in frei konvertierbaren und transferierbaren Euro-Devisen möglich."

Proposed translations

37 mins
Selected

borrowing is possible / loans are available...

...in free convertible and transferrable European currencies.
Kredit here means loan, and Inanspruchnahme means to avail oneself of something.
Reference:

Mom's tongue

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4 KudoZ points awarded for this answer.
8 mins

convertible (into cash), cashable

self-explanatory
Peer comment(s):

Ulrike Lieder (X)
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59 mins

both answers are wrong

Kreditinanspruchnahme = drawing on a loan

SDo in your context the drawing on the loan would be possible on freely convertible and transferable EURO currencies.
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2 days 19 hrs

Kreditinanspruchnahme

Kreditinanspruchnahme is loan takeout
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7 days

using a credit line / drawing on a credit line

This is business English. You cannot draw on a loan, you only can spend the money of a loan, just as you don't draw on your paycheck. In other words, you only draw on reserves, which a credit line is
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