Jul 11, 2012 21:01
11 yrs ago
3 viewers *
Italian term
antecedente il mese precedente
Italian to English
Other
Finance (general)
financing
Part of a financing contract. The clause to do with interest reads:
Tale quotazione sara' rilevata per data di contrattazione a sara' relativa al secondo giorno lavorativo bancario antecedente il mese precedente l'inizio del semestre in corso alla data delle singole erogazioni;
I understand the meaning of antecedente and precendente, but I'm not convinced I've got my head round how it's working - we seem to be going backwards twice. It seems to mean the second working banking day before the month preceding the start of the six-month period underway.....
It seems to work like this: Take a payment made on 10 August. The six-month period underway at that point started 1 August 2012. The month before it started is therefore July, and the second banking day before July would be 28 June. Does anyone agree?
Tale quotazione sara' rilevata per data di contrattazione a sara' relativa al secondo giorno lavorativo bancario antecedente il mese precedente l'inizio del semestre in corso alla data delle singole erogazioni;
I understand the meaning of antecedente and precendente, but I'm not convinced I've got my head round how it's working - we seem to be going backwards twice. It seems to mean the second working banking day before the month preceding the start of the six-month period underway.....
It seems to work like this: Take a payment made on 10 August. The six-month period underway at that point started 1 August 2012. The month before it started is therefore July, and the second banking day before July would be 28 June. Does anyone agree?
Proposed translations
(English)
| 4 | prior the beginning |
Simon Charass
|
| 2 +1 | second month |
Tom in London
|
Proposed translations
+1
26 mins
Tom in London
United Kingdom
United Kingdom
Native in English
United Kingdom
Architecture, design, technical, etc.
Native in: English (Variant: British) 
Works in: Italian to English
Related KudoZ points
:
172
second month
Declined
"will be referred to the second business day in the second month before the beginning of the current half-year"
what a nightmare ! Who wrote this nonsense?
what a nightmare ! Who wrote this nonsense?
Note from asker:
| Hi - tell me about it! See my entry in discussion. |
Peer comment(s):
| agree |
Paul O'Brien
: Excellent, Thomas, ma boy. Yes, what complete balderdash. They don't speak proper like wot we can.
6 mins
|
|
: )
|
2 hrs
Simon Charass
Canada
Canada
Native in English
Specializes in field
Canada
Over 20 Years Freelance Translation
Native in: English 
, French
Works in: Italian to English, French to English, English to French, and 9 more.
Related KudoZ points
:
26
prior the beginning
Declined
… relative to the second banking day prior the beginning of the semester in which the single payments are scheduled.
I think that you are right, that would be June 28 in your example.
I think that you are right, that would be June 28 in your example.
Discussion