inntekter på revolvering

English translation: revolving income

10:46 Jan 15, 2010
Norwegian to English translations [PRO]
Bus/Financial - Finance (general)
Norwegian term or phrase: inntekter på revolvering
What is meant by "på revolvering " in the following sentence please?

"I tillegg sitter kortutstederne med store inntekter på revolvering av den andelen som betales med kredittkort."
That there are large amounts of revenue in circulation
eodd
Local time: 05:03
English translation:revolving income
Explanation:
They are talking about revolving income, which is income that keep on repeating itself

Selected response from:

Erik Matson
Thailand
Local time: 11:03
Grading comment
That's great. Thank you very much Erik.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1revolving income
Erik Matson


  

Answers


18 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
revolving income


Explanation:
They are talking about revolving income, which is income that keep on repeating itself



Example sentence(s):
  • Invest in a revolving income for yourself or your kids
  • Revolverende kreditt er beregnet rente for benyttet kreditt på kredittkortet.

    Reference: http://www.empowermentworks.org/peps.html
    Reference: http://www.survivalinsight.com/find-work-make-money-recessio...
Erik Matson
Thailand
Local time: 11:03
Works in field
Native speaker of: Native in NorwegianNorwegian, Native in EnglishEnglish
PRO pts in category: 4
Grading comment
That's great. Thank you very much Erik.

Peer comments on this answer (and responses from the answerer)
agree  Charlesp
2 days 10 hrs
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