Glossary entry

French term or phrase:

ressources courantes et définitives

English translation:

current income and specific resources

Added to glossary by Catherine Gorton
Nov 12, 2007 20:22
16 yrs ago
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French term

ressources courantes et définitives

French to English Law/Patents Law: Contract(s) Article on PPP (Public Private Partnership) and other forms of public procurement.
Aujourd’hui, on apprécie tout avec les critères de Maastricht de la dette publique, notamment le rapport entre la dette publique et le PIB est l'un des principaux critères de bonne ou mauvaise situation.

Pour moi ces critères sont absurdes. Comme je l’ai déjà écrit il y a quelques années, pourquoi la dette est-elle faite ? Si vous avez de la dette à cause des investissements d’infrastructure, des coûts de formation, c’est une bonne dette !

Au contraire, si vous faites des dettes pour payer des minima sociaux alors cela pose problème car il n’y a pas d’actif en face. On ne peut pas regarder les dettes selon la même analyse : il y a « de la bonne dette » et de « la mauvaise dette ». Cela est vrai pour l’Etat ; pour les collectivités locales, de toute façon, il n’y a pas a priori de mauvaise dette car toutes les dépenses courantes sont financées par des **** ressources courantes et définitives****. La dette ne finance à priori que des investissements.
HI NOT SURE HOW TO TRANSLATE "RESSOURCES COURANTES ET DEFINITIVES".

Proposed translations

9 hrs
Selected

current and specific resources

Looking at IATE and some Googling on the two separate terms (ressources courantes and ressources definitives) this seems like a good option.

"Ressources definitives" refers to immediately available money. See this reference as an example:
www.brive.net/delib/document/pdf-nc.php?pdf=DELIB_72.PDF

IATE refers to "ressources courantes" as "current income", going along with the same idea (i.e., immediately available cash). After reading the context you provided, this seems to work.

Another possibility could be "current and specific income". Hope this helps...
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4 KudoZ points awarded for this answer. Comment: "Hi Laura and Vandor, thank to both of you for your help! I will go for Laura's answer as it matches what I found afterwards about current income and about specific resources. I was a bit puzzled by "specific resources" (which I had already searched on Iate prior to asking question) but now I found an explanation for that term that convinced me this is what I need in my text. Please refer to the part "LOCAL AUTHORITIES' FINANCE" in the following link: www1.cbs.gov.il/shnaton57/download/st_eng10.doc " **** income earmarked for ****a development project," it is registered in the extraordinary budget. " That's it, this is what makes current income different from specific resources: the first one is for current transactions and therefore in the ordinary budget while the second one is for investments as it is income earmarked for some specific investment. THANKS A LOT TO BOTH OF YOU!!!"
3 hrs

current and definitely acquired (financial) resources

under definitely acquired I mean those financial resources which were coming inward , were already transferred on the accounts of the local community or cashed already in. Therefore the local community doesn't wait for a budget allocation from the state which takes time to materialize. These resources are not only allocated but they are in the accounts of the local council or whatever its name may be and they are currently there . So the council pays the current expenditures from these accounts. The author argues that for the local council there is no bad debt beforehand and debt cannot be financed a priori-I mean for instance by taking a loan before you make a debt in order to pay back the debt.Taking a loan beforehand happens in the case of investments.I hope this helps a bit.
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