Glossary entry (derived from question below)
Spanish term or phrase:
cobros de principal
English translation:
collections of principal
Added to glossary by
Sonia Maria
Jul 27, 2022 10:53
1 yr ago
23 viewers *
Spanish term
cobros de principal
Spanish to English
Bus/Financial
Accounting
Informe fiscal
La valoración posterior de los activos financieros del Grupo se realiza en función de su clasificación, según las siguientes categorías:
1. Activos financieros a coste amortizado: incluye activos financieros, incluso los admitidos a negociación en un mercado organizado, para los que el Grupo mantiene la inversión con el objetivo de percibir los flujos de efectivo derivados de la ejecución del contrato, y las condiciones contractuales del activo dan lugar, en fechas especificadas, a flujos de efectivo que son únicamente ***cobros de principal*** e intereses sobre el importe del principal pendiente.
Cómo se podría traducir esta expresión en este contexto?
Gracias!
1. Activos financieros a coste amortizado: incluye activos financieros, incluso los admitidos a negociación en un mercado organizado, para los que el Grupo mantiene la inversión con el objetivo de percibir los flujos de efectivo derivados de la ejecución del contrato, y las condiciones contractuales del activo dan lugar, en fechas especificadas, a flujos de efectivo que son únicamente ***cobros de principal*** e intereses sobre el importe del principal pendiente.
Cómo se podría traducir esta expresión en este contexto?
Gracias!
Proposed translations
(English)
4 +2 | collections of principal | patinba |
4 | receipts of principal | Robert Carter |
Change log
Jul 27, 2022 10:53: changed "Kudoz queue" from "In queue" to "Public"
Jul 27, 2022 11:19: Yana Dovgopol changed "Vetting" from "Needs Vetting" to "Vet OK"
Proposed translations
+2
36 mins
Selected
collections of principal
Collection Account and Distribution Account Sample Clauseshttps://www.lawinsider.com › clause › collection-accou...
... Servicing Agreement of receipt all collections of principal and interest on any Mortgage Loan with respect to any REO Property received by the Servicer, ...
Untitledhttps://www.sec.gov › Archives › edgar › data › file002
The holders of the Pool-Based Certificates will be entitled to receive collections of principal and interest on the Cherryvale Mall Mortgage Loan that are ...
292q - Govinfo.govhttps://www.govinfo.gov › link › uscode
(C) collections of principal and i
... Servicing Agreement of receipt all collections of principal and interest on any Mortgage Loan with respect to any REO Property received by the Servicer, ...
Untitledhttps://www.sec.gov › Archives › edgar › data › file002
The holders of the Pool-Based Certificates will be entitled to receive collections of principal and interest on the Cherryvale Mall Mortgage Loan that are ...
292q - Govinfo.govhttps://www.govinfo.gov › link › uscode
(C) collections of principal and i
4 KudoZ points awarded for this answer.
Comment: "Thanks a lot for your help!"
4 hrs
receipts of principal
Although "cobros" literally means "collections", I believe in this context (money flowing in) an accountant would tend to use the term "receipts" instead (cuentas por cobrar = accounts receivable), as the text is referring to monies being received from payments of principal and interest rather than actual collections being made.
"Its primary sources of funds for lending and investments are deposits, borrowings, receipts of principal and interest payments on loans and securities, proceeds from sales of loans or securities, and maturities and calls of investment securities."
https://www.reuters.com/markets/companies/LSBK.O/
"Its primary sources of funds for lending and investments are deposits, borrowings, receipts of principal and interest payments on loans and securities, proceeds from sales of loans or securities, and maturities and calls of investment securities."
https://www.reuters.com/markets/companies/LSBK.O/
Peer comment(s):
neutral |
Luis M. Sosa
: 'Grupo' makes me think of some industrial holding. Your reference corresponds to some financial institution for which sus 'receipts' are a part of the core biz. The 'Grupo' has to actively collect because they do not operate checking/savings accounts.
1 hr
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Thanks Luis. What I mean is that I don't think the text is specifically talking about that activity of collection here (even if it is the case that they actively collect, which we don't know), but rather the cash flow from principal and interest.
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