This question was closed without grading. Reason: Other
Jul 12, 2019 02:50
4 yrs ago
Swedish term

fördröjningskonto

Swedish to English Other Finance (general)
More from the accounting system instructions:

"Flytta pengar mellan Fördröjningskonto och Avräkningskonto på en klient.
[...]
Det belopp man ska flytta från Fördröjningskontot, ska vara positivt.
"

I can't find any references to the term "Fördröjningskonto" online.

Nor can I find evidence (so far) of a term like "delay account" in English, at least not as a banking term.

Thoughts?

Thanks

Discussion

G. L. (asker) Jul 23, 2019:
Many thanks to those who have responded so far. Since we're still unclear on whether this is even a correct term in Swedish (and not e.g. an error on the writer's part), I'm going to hold off on selecting any answers as right, for the time being.

Proposed translations

5 hrs

deferment /deferred interest account

My hunch is that this could be an escrow - holding - account though, having done UK conveyancing of land where escrow means a deposit of deeds and docs. subject to a condition, am loath (one British translation client: 'loathed') to use the term in the context of an account.

We really need to know what goes in and out of the a/c.
Example sentence:

. This is important to understand because almost all of these deferred interest accounts have very high standard interest rates

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8 days

suspense account

Given that this can't be found anywhere at all, might it be that they have used the wrong Swedish word for "suspense account" (bevakningskonto), i.e. a general ledger account where you put something until you know what to do with it. A bit of a long shot I suppose.
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