draw on his credit

Japanese translation: 彼の融資枠を利用する

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:draw on his credit
Japanese translation:彼の融資枠を利用する
Entered by: Yuu Andou

06:48 Jul 22, 2013
English to Japanese translations [PRO]
Bus/Financial - Media / Multimedia / ニュース記事
English term or phrase: draw on his credit
Guard-Service Chief Is Indicted in Probe

The owner of a company that guards federal buildings, including the U.S. embassy that was bombed in Kenya in 1998, was indicted Tuesday on a charge of filing false financial statements with Bank of America.
Guidice, 48, of Yorba Linda is expected to be arraigned in June on a single count of making false statements to a federally insured bank, said Assistant U.S. Atty. Lawrence S. Middleton. No date was set for the court appearance.
Middleton said Guidice continued to ***draw on his credit ***with the bank but never used the additional $5.5 million.
Yuu Andou
Local time: 03:42
彼の融資枠を利用する
Explanation:

Guidice continued to draw on his credit with the bank の his credit with the bank とある部分は、a line of credit the bank extended to him のようい言い換えることができます。そうすると意味が分かりやすいと思います。Draw on はこの場合「利用する」という意味なので、draw on his credit は例えば「彼の融資枠を利用する」と訳すことができます。要するに融資の限度枠いっぱい利用したが、その枠を超えた借り入れはしなかったということだと思います。
Selected response from:

T.B.
United States
Local time: 13:42
Grading comment
ありがとうございました!
4 KudoZ points were awarded for this answer



Summary of answers provided
4与信枠を引き出す
Yasutomo Kanazawa
3 +1彼の融資枠を利用する
T.B.


  

Answers


21 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
与信枠を引き出す


Explanation:
ここでのdrawはwithdraw、つまり、お金を口座から引き出す意味でつかわれています。creditは銀行から与えられている与信(枠)のことで、つまり、資金の融通を許す限度のことを指しています。

上記の最後の文では、「銀行の口座から与信枠を引き出し続けた」が、追加の550万ドルは使わなかった、と書かれています。

http://hujisani.blogspot.jp/2011/07/blog-post_2018.html
http://www.bloomberg.co.jp/news/123-JMV8RU1A1I4H01.html

提出されたパラグラフを検索したところ、どうやら、この社長(オーナー)は過剰申告をしていたようですね。


Guard-Service Chief Is Indicted in Probe

May 16, 2001 | E. SCOTT RECKARD, TIMES STAFF WRITER

The owner of a company that guards federal buildings, including the U.S. embassy that was bombed in Kenya in 1998, was indicted Tuesday on a charge of filing false financial statements with Bank of America. The indictment charges that William J. Guidice told the bank that his United International Investigative Services Inc. made a $3.2-million profit and had $7.5 million in retained earnings during 1996 when the amounts were "substantially less."

http://articles.latimes.com/keyword/united-international-inv...

つまり、儲けがXXしかないのに、それ以上であるYYと申告していたため、銀行からの信用枠融資がそれだけ増えた、ということです。

Yasutomo Kanazawa
Japan
Local time: 03:42
Works in field
Native speaker of: Native in JapaneseJapanese
PRO pts in category: 20

Peer comments on this answer (and responses from the answerer)
neutral  T.B.: 細かいことを言って恐縮ですが、この文脈の「引き出す」にあたる英語は draw down で、質問にある draw on はそのとおりに訳した方がよい思います。原文の筆者は「引き出す」ではなくて「利用する」の意味であえてdraw onという言葉を使っていると思われるからです。次のリンクにdraw down とdraw on の両方が使われています。使い分けに意味がある場合もあるはずです。http://www.investopedia.com/terms/l/lineofcredit.asp (タイポ訂正)
43 mins
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30 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
彼の融資枠を利用する


Explanation:

Guidice continued to draw on his credit with the bank の his credit with the bank とある部分は、a line of credit the bank extended to him のようい言い換えることができます。そうすると意味が分かりやすいと思います。Draw on はこの場合「利用する」という意味なので、draw on his credit は例えば「彼の融資枠を利用する」と訳すことができます。要するに融資の限度枠いっぱい利用したが、その枠を超えた借り入れはしなかったということだと思います。

T.B.
United States
Local time: 13:42
Native speaker of: Native in JapaneseJapanese
PRO pts in category: 4
Grading comment
ありがとうございました!

Peer comments on this answer (and responses from the answerer)
agree  Chrisso (X)
1 day 12 hrs
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