debt relief

Serbian translation: smanjenje duga

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:debt relief
Serbian translation:smanjenje duga
Entered by: Mirjana Gacanovic

11:01 Feb 23, 2004
English to Serbian translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: debt relief
as opposed to: debt cancellation and debt rescheduling
Mirjana Gacanovic
Bosnia and Herzegovina
Local time: 13:39
smanjenje duga
Explanation:
Debt relief =Reducing the principal and/or interest payments on less developed country loans.
debt cancellation= otpis duga
debt recheduling=reprogramiranje duga
Selected response from:

mita
Local time: 13:39
Grading comment
Hvala, iako je i Nenija potpuno u pravu!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2smanjenje duga
mita
5kreditno rasterećenje
Nenija Hasanic


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
smanjenje duga


Explanation:
Debt relief =Reducing the principal and/or interest payments on less developed country loans.
debt cancellation= otpis duga
debt recheduling=reprogramiranje duga


    Reference: http://www.bloomberg.com/analysis/glossary/bfglosd.htm
mita
Local time: 13:39
Specializes in field
Native speaker of: Native in SerbianSerbian
PRO pts in category: 20
Grading comment
Hvala, iako je i Nenija potpuno u pravu!

Peer comments on this answer (and responses from the answerer)
agree  Vuk Vujosevic
2 hrs

agree  Nedzad Selmanovic
2 hrs
Login to enter a peer comment (or grade)

11 hrs   confidence: Answerer confidence 5/5
kreditno rasterećenje


Explanation:
Ovo je više moja verzija termina jer se radi o novoj pojavi koja podrazumijeva vise kategorija, kao što možete vidjeti iz niže navedene definicije...

Debt relief - Debt relief may take the form of either refinancing, re-organisation, rescheduling or cancellation of all repayments. A loan is refinanced when the creditor country makes a new loan to enable the debtor country to meet the debt service payments on an earlier loan. A loan is rescheduled when the amortisation or interest payments or both on the outstanding portion are rearranged to make payment easier. See also Paris Club and Retrospective Terms Adjustment.

Nenija Hasanic
Bosnia and Herzegovina
Local time: 13:39
Works in field
Native speaker of: Native in BosnianBosnian
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