Glossary entry

Spanish term or phrase:

con rescate al día siguiente

English translation:

redeemable the following day

Added to glossary by Rebecca Jowers
Aug 28, 2016 00:20
7 yrs ago
1 viewer *
Spanish term

con rescate al día siguiente

Spanish to English Bus/Financial Accounting
Hi everyone!

I need help with this, in the following context:

Corresponden a inversiones financieras que utilizan los saldos de las cuentas corrientes en moneda nacional o extranjera para ser invertidas en un tiempo determinado y con una tasa previamente pactada, los cuales principalmente son efectuados en operaciones nocturnas en otras latitudes con rescate al día siguiente.

This is a Manual produced by Ernst and Young in Chile regarding accounting issues.
Change log

Aug 29, 2016 15:56: Rebecca Jowers Created KOG entry

Proposed translations

19 hrs
Selected

redeemable the following day

another possible option
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4 KudoZ points awarded for this answer. Comment: "Thanks!"
+1
4 hrs

with recovery the next day

the investment +return are recovered/recouped

https://www.bing.com/search?q=recovery of an investment&form...



Peer comment(s):

agree Adrian MM. (X) : if referring to the 'saldos' balances which are not, strictly, 'redeemable'.
3 hrs
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+1
6 hrs

with next day redemption

In this context, the correct word for rescate is "redemption".

http://www.investopedia.com/terms/r/redemption.asp
http://financial-dictionary.thefreedictionary.com/Redemption

I assume your text also discusses "overnight trading".

http://www.investopedia.com/terms/o/overnighttrading.asp

Peer comment(s):

agree Robert Carter : Yes, I believe it refers to the "operaciones", not the "saldos".
2 days 5 hrs
Thank you, Robert!
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