Glossary entry (derived from question below)
English term or phrase:
where credit have been approved
Arabic translation:
إذا تم اعتماد شروط السداد-الائتمان / في حالة وجود شروط سداد-ائتمان معتمدة
Added to glossary by
aya omar
Jul 16, 2023 15:05
11 mos ago
11 viewers *
English term
where credit have been approved
English to Arabic
Law/Patents
Law (general)
1. Invoices will be raised and dated on the date of Despatch of the Products. Unless otherwise specifically requested and agreed, invoices will be payable by the buyer 30 days from date of invoice for all those Buyers where credit have been approved by the Seller. For buyers where credit terms have not been established, payment terms will be deemed as cash in advance. If partial consignments are invoiced, payment shall be made for each individual consignment in accordance with the agreed terms of payment. If the Buyer do not pay the seller in full by the due date Buyer must pay Seller interest at the rate of 2% above HSBC Bank's prevailing base rate, calculated (on a daily basis) from the due date until the payment is made in full.
Proposed translations
(Arabic)
| 5 | إذا تم اعتماد شروط السداد-الائتمان / في حالة وجود شروط سداد-ائتمان معتمدة |
Mowafak Mohamed
|
| 3 | في الحالات التي اعتمد فيها البائع الائتمان |
mona elshazly
|
Proposed translations
48 mins
Mowafak Mohamed
Egypt
Egypt
Native in Arabic
Specializes in field
Egypt
Thinking. Translating. Captivating.
Native in: Arabic (Variants: Yemeni, Kuwaiti, Standard-Arabian (MSA), Saudi , Egyptian, UAE, Jordanian) 
Works in: Arabic to English, English to Arabic
Related KudoZ points
:
120
Selected
إذا تم اعتماد شروط السداد-الائتمان / في حالة وجود شروط سداد-ائتمان معتمدة
...
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Note added at 48 mins (2023-07-16 15:54:35 GMT)
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What are Credit Terms?
Credit terms are the payment requirements stated on an invoice. It is fairly common for sellers to offer early payment terms to their customers in order to accelerate the flow of inbound cash. This is especially common for cash-strapped businesses, or those that have no backup line of credit to absorb any short-term cash shortfalls. The credit terms offered to customers for early payment need to be sufficiently lucrative for them to want to pay early, but not so lucrative that the seller is effectively paying an inordinately high interest rate for the use of the money that it is receiving early.
https://corporatefinanceinstitute.com/resources/accounting/c...
Credit terms are terms that indicate when payment is due for sales that are made on credit, possible discounts, and any applicable interest or late payment fees.
https://corporatefinanceinstitute.com/resources/accounting/c...
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Note added at 49 mins (2023-07-16 15:55:35 GMT)
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Credit terms are the payment terms mentioned on the invoice at the time of buying goods. It is an agreement between the buyer and seller about the timings and payment to be made for the goods bought on credit. It is also known as payment terms
https://tallysolutions.com/accounting/credit-terms/#gref
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Note added at 48 mins (2023-07-16 15:54:35 GMT)
--------------------------------------------------
What are Credit Terms?
Credit terms are the payment requirements stated on an invoice. It is fairly common for sellers to offer early payment terms to their customers in order to accelerate the flow of inbound cash. This is especially common for cash-strapped businesses, or those that have no backup line of credit to absorb any short-term cash shortfalls. The credit terms offered to customers for early payment need to be sufficiently lucrative for them to want to pay early, but not so lucrative that the seller is effectively paying an inordinately high interest rate for the use of the money that it is receiving early.
https://corporatefinanceinstitute.com/resources/accounting/c...
Credit terms are terms that indicate when payment is due for sales that are made on credit, possible discounts, and any applicable interest or late payment fees.
https://corporatefinanceinstitute.com/resources/accounting/c...
--------------------------------------------------
Note added at 49 mins (2023-07-16 15:55:35 GMT)
--------------------------------------------------
Credit terms are the payment terms mentioned on the invoice at the time of buying goods. It is an agreement between the buyer and seller about the timings and payment to be made for the goods bought on credit. It is also known as payment terms
https://tallysolutions.com/accounting/credit-terms/#gref
4 KudoZ points awarded for this answer.
5 hrs
mona elshazly
Egypt
Egypt
Native in Arabic
Specializes in field
Egypt
Italian- Arabic- English Translator
Native in: Arabic
Works in: Italian to Arabic, English to Arabic, Arabic to Italian, and 3 more.
Related KudoZ points
:
138
في الحالات التي اعتمد فيها البائع الائتمان
where: in whatever place, situation, or respect in which.
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