Aug 6, 2018 19:06
5 yrs ago
1 viewer *
Korean term

관계회사대여채권

Korean to English Bus/Financial Finance (general)
From a table related to a company's reorganization and debts. As this is not my primary area of expertise, I am mainly wondering who the 관계회사 are here - affiliates of the company undergoing reorganization? And then would this term mean loans to the company undergoing reorganization by these 관계회사?

Side note: if anyone knows of a good online Korean-English resource for financial terms, I would be very grateful. I have not yet been able to find anything better than Naver/Daum, which are not very good for specialist terms.

Proposed translations

46 mins
Selected

Loans to affiliated companies

관계회사 refers to companies in which the main company holds an equity stake above a certain threshold. It can include subsidiaries (계열자 or 자회사) but is a broader term that may also refer to other companies in a business group covered under cross-equity sharing.

대여채권 literally means "loans loaned" but can be shorted just to "loans" for easier readability.
Note from asker:
That's helpful - I was mainly wondering about the extent of 관계회사, so thank you for clearing that up.
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4 KudoZ points awarded for this answer.
23 mins

Securities Lending to Affiliated Companies

This is my best guess. Please see the link.
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Reference comments

1 hr
Reference:

resource for Korean financial terms

https://www.fsc.go.kr/know/wrd_list.jsp?menu=7420000
http://www.estarbank.co.kr/2009/03_FP/dictionary.jsp

Search for 금융용어사전 on Naver and you'll find even more potential resources. The two I've linked seemed best to me for English speakers.
Note from asker:
Thanks!
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