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Over-advances

Portuguese translation: créditos comerciais de curto prazo

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Over-advances
Portuguese translation:créditos comerciais de curto prazo
Entered by: Luana Fernandes

21:16 Mar 30, 2015
English to Portuguese translations [PRO]
Bus/Financial - Economics
English term or phrase: Over-advances
Over-advances and Reporting Requirements
For Asset Based Lending businesses, where the credit extension is primarily based upon collateral values, specific policies governing the approval of over-advances and the waiver of financial and collateral reporting requirements, must be approved by a Senior Risk Manager at minimum and documented in a Country Appendix or Procedures Manual
Luana Fernandes
Brazil
Local time: 01:20
créditos comerciais de curto prazo
Explanation:
http://www.investopedia.com/terms/o/overadvance.asp

A short-term commercial loan taken by a company in order to purchase more materials for its inventory in preparation for an expected period of increased sales. An overadvance is used to build inventory prior to a peak sales period. The loan amount taken out by the company temporarily exceeds its (borrower's) accounts receivables; the loans are generally commercial, and are usually short-term ranging from 30 days to one year.
Selected response from:

MLeiria
Portugal
Local time: 05:20
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4adiantamentos
Daniel de Carvalho
4créditos comerciais de curto prazo
MLeiria


  

Answers


16 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
over-advances
adiantamentos


Explanation:

Sugestão


    Reference: http://portal.estacio.br/media/3327443/4-uma%20analise-jurid...
Daniel de Carvalho
Brazil
Local time: 01:20
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 12
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26 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
over-advances
créditos comerciais de curto prazo


Explanation:
http://www.investopedia.com/terms/o/overadvance.asp

A short-term commercial loan taken by a company in order to purchase more materials for its inventory in preparation for an expected period of increased sales. An overadvance is used to build inventory prior to a peak sales period. The loan amount taken out by the company temporarily exceeds its (borrower's) accounts receivables; the loans are generally commercial, and are usually short-term ranging from 30 days to one year.

MLeiria
Portugal
Local time: 05:20
Works in field
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 28
Login to enter a peer comment (or grade)



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