Glossary entry (derived from question below)
Italian term or phrase:
scontare il portafoglio della società
English translation:
discount the bills held by the company
Added to glossary by
Sarah Weston
Mar 6, 2015 05:16
9 yrs ago
10 viewers *
Italian term
scontare il portafoglio della società
Italian to English
Bus/Financial
Finance (general)
In a list of powers of attorney:
"SCONTARE IL PORTAFOGLIO DELLA SOCIETA' FIRMANDO LE OCCORRENTI GIRATE."
Thanks!
"SCONTARE IL PORTAFOGLIO DELLA SOCIETA' FIRMANDO LE OCCORRENTI GIRATE."
Thanks!
Change log
Mar 6, 2015 06:52: Emanuela Galdelli changed "Term asked" from " SCONTARE IL PORTAFOGLIO DELLA SOCIETA\'" to "scontare il portafoglio della società"
Proposed translations
+2
4 hrs
Selected
discount bills held in the Company's portfolio
it is a type of financing
see other kudoz
http://www.proz.com/kudoz/italian_to_english/finance_general...
http://www.proz.com/kudoz/italian_to_english/accounting/3906...
see other kudoz
http://www.proz.com/kudoz/italian_to_english/finance_general...
http://www.proz.com/kudoz/italian_to_english/accounting/3906...
4 KudoZ points awarded for this answer.
Comment: "thanks everyone!"
54 mins
Italian term (edited):
SCONTARE IL PORTAFOGLIO DELLA SOCIETA'
consider the portfolio of the company
More context can be helpful.
1 hr
Italian term (edited):
SCONTARE IL PORTAFOGLIO DELLA SOCIETA'
account for the company portfolio
I found this expression in a link (+ its translation). Maybe, this can help you..
9 hrs
discount the company's invoices/accounts receivable
Note that in Italian banking terms (and not in reference to stock-markets), portafoglio really means "account", and in reference to a business it usually means accounts receivable.
http://en.wikipedia.org/wiki/Invoice_discounting
Invoice discounting is a form of short-term borrowing often used to improve a company's working capital and cash flow position.
Invoice discounting allows a business to draw money against its sales invoices before the customer has actually paid. To do this, the business borrows a percentage of the value of its sales ledger from a finance company, effectively using the unpaid sales invoices as collateral for the borrowing.[1]
Invoice Discounting is sometimes referred to as Discreet Factoring as it is essentially the same product as Factoring - the business gets cash from its sales invoices earlier than it otherwise would - but the key difference is that the credit control remains with the business owner.[2]
http://en.wikipedia.org/wiki/Factoring_(finance)
Factoring is the sale of receivables, whereas invoice discounting ("Assignment of Accounts Receivable" in American Accounting) is a borrowing that involves the use of the accounts receivable assets as collateral for the Loan.[3][9] However, in some other markets, such as the UK, invoice discounting is considered to be a form of factoring, involving the "assignment of receivables", that is included in official factoring statistics.[10] It is therefore also not considered to be borrowing in the UK. In the UK the arrangement is usually confidential in that the debtor is not notified of the assignment of the receivable and the seller of the receivable collects the debt on behalf of the factor. In the UK, the main difference between factoring and invoice discounting is confidentiality.[11]
http://www.bankpedia.org/index.php/it/121-italian/p/21656-po...
Le cambiali in portafoglio sono acquisite di norma attraverso le operazioni di sconto (v. sconto bancario) e di accredito s.b.f. (v. salvo buon fine). La movimentazione relativa a tali effetti viene riportata in un conto denominato Portafoglio Italia o portafoglio sconti, che riporta in Dare il valore nominale degli effetti scontati e in Avere quello delle cambiali inviate all’incasso o riscontate o trasferite al portafoglio insoluti.
sconto di portafoglio - Forum di Finanzaonline.com
www.finanzaonline.com/.../1016506-sconto-di-portaf...
Translate this page
Jan 18, 2009 - 9 posts - 3 authors
Qualche domandina sullo sconto di portafoglio: 1) Normalmente la banca effettua ... 3) E' possibile scontare addiritura solamente una fattura?
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Note added at 13 hrs (2015-03-06 18:22:29 GMT)
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Accounts receivable - Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Accounts_receivable
Wikipedia
These are generally in the form of invoices raised by a business and delivered to the ... 1 Overview; 2 Payment terms; 3 Accounts Receivable Age Analysis ... which establishes a contra-asset account, allowance for doubtful accounts, or bad debt ... However, for financial reporting purposes, companies may choose to have a ...
Overview - Payment terms - Accounts Receivable Age Analysis - Bookkeeping
AR Finance Explained - GE Capital Solutions
www.gecapital.eu/en/.../ar-finance-explained.html
GE Capital Solutions
Jump to Advantages of accounts receivables financing - Accounts receivable financing offers a number of ... Factors usually provide funds on the day the invoice is handled ... Asset Based Finance Association (ABFA) [2009] A guide to ...
--------------------------------------------------
Note added at 13 hrs (2015-03-06 18:24:15 GMT)
--------------------------------------------------
[PDF]Assegni Portafoglio Effetti - Preda informatica
www.predainformatica.it/.../Servizi_per_le_banche.pd...
Translate this page
Portafoglio Effetti. Effetti all'Incasso. • acquisizione controllata delle presentazioni di portafoglio eseguite in filiale. • acquisizione controllata delle rimesse di ...
http://en.wikipedia.org/wiki/Invoice_discounting
Invoice discounting is a form of short-term borrowing often used to improve a company's working capital and cash flow position.
Invoice discounting allows a business to draw money against its sales invoices before the customer has actually paid. To do this, the business borrows a percentage of the value of its sales ledger from a finance company, effectively using the unpaid sales invoices as collateral for the borrowing.[1]
Invoice Discounting is sometimes referred to as Discreet Factoring as it is essentially the same product as Factoring - the business gets cash from its sales invoices earlier than it otherwise would - but the key difference is that the credit control remains with the business owner.[2]
http://en.wikipedia.org/wiki/Factoring_(finance)
Factoring is the sale of receivables, whereas invoice discounting ("Assignment of Accounts Receivable" in American Accounting) is a borrowing that involves the use of the accounts receivable assets as collateral for the Loan.[3][9] However, in some other markets, such as the UK, invoice discounting is considered to be a form of factoring, involving the "assignment of receivables", that is included in official factoring statistics.[10] It is therefore also not considered to be borrowing in the UK. In the UK the arrangement is usually confidential in that the debtor is not notified of the assignment of the receivable and the seller of the receivable collects the debt on behalf of the factor. In the UK, the main difference between factoring and invoice discounting is confidentiality.[11]
http://www.bankpedia.org/index.php/it/121-italian/p/21656-po...
Le cambiali in portafoglio sono acquisite di norma attraverso le operazioni di sconto (v. sconto bancario) e di accredito s.b.f. (v. salvo buon fine). La movimentazione relativa a tali effetti viene riportata in un conto denominato Portafoglio Italia o portafoglio sconti, che riporta in Dare il valore nominale degli effetti scontati e in Avere quello delle cambiali inviate all’incasso o riscontate o trasferite al portafoglio insoluti.
sconto di portafoglio - Forum di Finanzaonline.com
www.finanzaonline.com/.../1016506-sconto-di-portaf...
Translate this page
Jan 18, 2009 - 9 posts - 3 authors
Qualche domandina sullo sconto di portafoglio: 1) Normalmente la banca effettua ... 3) E' possibile scontare addiritura solamente una fattura?
--------------------------------------------------
Note added at 13 hrs (2015-03-06 18:22:29 GMT)
--------------------------------------------------
Accounts receivable - Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Accounts_receivable
Wikipedia
These are generally in the form of invoices raised by a business and delivered to the ... 1 Overview; 2 Payment terms; 3 Accounts Receivable Age Analysis ... which establishes a contra-asset account, allowance for doubtful accounts, or bad debt ... However, for financial reporting purposes, companies may choose to have a ...
Overview - Payment terms - Accounts Receivable Age Analysis - Bookkeeping
AR Finance Explained - GE Capital Solutions
www.gecapital.eu/en/.../ar-finance-explained.html
GE Capital Solutions
Jump to Advantages of accounts receivables financing - Accounts receivable financing offers a number of ... Factors usually provide funds on the day the invoice is handled ... Asset Based Finance Association (ABFA) [2009] A guide to ...
--------------------------------------------------
Note added at 13 hrs (2015-03-06 18:24:15 GMT)
--------------------------------------------------
[PDF]Assegni Portafoglio Effetti - Preda informatica
www.predainformatica.it/.../Servizi_per_le_banche.pd...
Translate this page
Portafoglio Effetti. Effetti all'Incasso. • acquisizione controllata delle presentazioni di portafoglio eseguite in filiale. • acquisizione controllata delle rimesse di ...
Peer comment(s):
neutral |
CristianaC
: cannot really endorse an invoice - I am pretty sure this is about "portafoglio effetti" rather than invoices
23 mins
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effetti are "accounts receivable"and invoices are by far the most common form thereof
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