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  3. Finance (general)

restanta definitiva

English translation: permanent default

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Romanian term or phrase:restanta definitiva
English translation:permanent default
Entered by: Andreea Birsan

06:56 Aug 11, 2015
Romanian to English translations [PRO]
Bus/Financial - Finance (general)
Romanian term or phrase: restanta definitiva
Text despre determinarea ratelor de recuperare in cazul creditelor neperformante. Vorbeste despre metoda de calcul a ratelor de recuperare a expunerilor cu restante definitive.
Andreea Birsan
Romania
Local time: 10:04
permanent default
Explanation:
http://www.thefreedictionary.com/Default (finance)
de·fault (dĭ-fôlt′)
n.
1. Failure to perform a task or fulfill an obligation, especially failure to meet a financial obligation: in default on a loan.
Selected response from:

anamaria bulgariu
Romania
Local time: 10:04
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3permanent default
anamaria bulgariu


  

Answers


11 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
permanent default


Explanation:
http://www.thefreedictionary.com/Default (finance)
de·fault (dĭ-fôlt′)
n.
1. Failure to perform a task or fulfill an obligation, especially failure to meet a financial obligation: in default on a loan.

Example sentence(s):
  • Similarly, with respect to delinquency, it is clear that borrowers have the option to fall behind on debt repayments to an extent that is similar (e.g., “90 days past-due”) to durations that are not simply equivalent to permanent default.

    https://research.stlouisfed.org/wp/2014/2014-002.pdf
anamaria bulgariu
Romania
Local time: 10:04
Works in field
Native speaker of: Native in RomanianRomanian
PRO pts in category: 24
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