Glossary entry

Portuguese term or phrase:

FLU

English translation:

flutuante

Added to glossary by Richard Levy (X)
Jan 31, 2020 17:51
4 yrs ago
6 viewers *
Portuguese term

FLU

Portuguese to English Bus/Financial Investment / Securities Account statement summary
Good afternoon/evening,

This is my final question with regard to the above inquiry. Among the various itemized transactions, there is one as follows:
PROV * RESGATE CDB FLU [this is then followed by CDB/plus numbers, etc.].

I've already found out that RESGATE CDB refers to BANK DEPOSIT CERTIFICATE REDEMPTION, however, given that I need to translate all, I could not find FLU anywhere and even wonder if this might be neecessary.

If so, does anyone have an idea to what this may refer?

Thanks in advance.

Best regards,

Richie
Proposed translations (English)
4 flutuante

Discussion

Richard Levy (X) (asker) Jan 31, 2020:
Hi Juan Arturo,
Thank you for your help with this. It does sound good, but am not certain and will wait for any other input. Otherwise, I will submit your name for credit.

Best,

Richie
It might be about Urban Liquidity Funds(FLU):

https://issuu.com/caribank/docs/cdb_annual_report_2017_final...

Proposed translations

1 hr
Selected

flutuante

Flutuante: post fixed rate. it can flutuate depending on the futures taxes.

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Note added at 1 hr (2020-01-31 19:19:38 GMT)
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http://www11.caixa.gov.br/portal/rest/jcr/repository/collabo...
Note from asker:
Hi Marcos, Thanks so much for your entry. Yhat does sound great. I will wait the usual 24 hoiurs and decide on the best response. Your does sound appropriate. Obrigao, Richie
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4 KudoZ points awarded for this answer. Comment: "Muito obrigado Marcos. Bom fin de semana!"
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