Jan 31, 2020 20:41
4 yrs ago
23 viewers *
English term

Debt service rental

English to Spanish Bus/Financial Finance (general) Financial Statements
It appears in the audited financial statements of a government agency. The paragraph in question reads:
"The allowance for uncollectible accounts is an amount that management believes will be adequate to absorb possible losses on existing receivables, excluding ***debt service rentals*** and maintenance charges that may become uncollectible based on evaluations of the collectability of each balance."

Can someone explain to me what is a debt service rental? Right now I have the very literal translation of "Alquiler del servicio de la deuda", but I am trying to find out what that particular term means.

Thanks in advance!

Proposed translations

19 hrs
Selected

alquileres cedidos sobre el Servicio de Deuda

From what I have read so far, it seems that this is a figure in an agreement between a government entity and a private entity to finance some project through the figure of rentals. I found this text in the link below (page 4) , depending on the original context you could see if it applies. I hope it's helpful.

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Note added at 19 hrs (2020-02-01 15:43:17 GMT)
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Pienso que las mayúsculas son innecesarias, pero lo coloqué tal cual en el original.
Example sentence:

Aumento en el canon de arrendamiento de los alquileres cedidos al Fideicomiso y/o cesión de nuevos contratos de alqu ileres y/o propiedades adicionales al Fideicomiso que aumenten las coberturas de alquileres cedidos sobre el Servicio de Deuda

Note from asker:
Creo que por aquí va la cosa, pero aun estoy intentando entender mejor el concepto propiamente dicho. Gracias por la ayuda.
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4 KudoZ points awarded for this answer. Comment: "Thank you. In reading the document further, I found that this is precisely what it's supposed to do. "
1 hr

alquileres para atender a la deuda

de la hipoteca del dueño del edificio

Debt Service Coverage Ratio, or DSCR, is one of the most important metrics that lenders examine when determining whether to give a HUD 223f loan to a potential borrower. DSCR is designed to compare a property's annual cash flow and its annual debt service in order to assess the likelihood that a borrower will pay his or her debts on time, and avoid a mortgage default.
Peer comment(s):

neutral Wilsonn Perez Reyes : "atender a la deuda" no es español estándar.
3 mins
Sí. "atender la deuda" o "atender al servicio de la deuda" sería mejor.
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9 hrs

alquiler de la deuda

Hola Mariela:
Creo que se refiere al alquiler de la deuda.

He encontrado algo parecido:

If US Airways fails to pay the Special Facilities Debt Service Rentals, the City is obligated to use reasonable efforts to re-let the Special Facilities to another tenant and apply the debt service rentals from such re-letting to the payment of the principal and interest on the Special Facility Revenue Bonds.

Mucha suerte.
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