rammelån

English translation: Line of credit

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:rammelån
English translation:Line of credit
Entered by: rajagopalan sampatkumar

13:19 Apr 25, 2012
Norwegian to English translations [PRO]
Bus/Financial - Finance (general)
Norwegian term or phrase: rammelån
"I praksis er dette et fleksibelt rammelån, da XX på kort varsel kan øke eller nedbetale dette lånet."

The context here is commercial, not personal, so this is not anything like a "home equity loan", etc. as used in the latter context. Will "line of credit" suffice, or is there something more specific, perhaps for the Norwegian context?
Charles Ek
United States
Local time: 07:19
Line of credit
Explanation:
As mentioned by the asker and by Chris S., the line of credit gives the flexibility for the client to manage the loan.
Selected response from:

rajagopalan sampatkumar
Switzerland
Local time: 14:19
Grading comment
2 KudoZ points were awarded for this answer



Summary of answers provided
4credit facility
Sven Petersson
3framework loan
Diarmuid Kennan
3offset loan
eodd
3Line of credit
rajagopalan sampatkumar


Discussion entries: 2





  

Answers


4 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
framework loan


Explanation:
This is the definition proposed by the EU (IATE) for the equivalent Danish term.

Diarmuid Kennan
Ireland
Local time: 13:19
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 39
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11 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
offset loan


Explanation:
or offset mortgage
Ref. en.wikipedia.org/wiki/Offset_loan_(finance)


    Reference: http://www.dinside.no/497476/advarer-mot-rammelaan
    Reference: http://www.thisismoney.co.uk/money/mortgageshome/article-158...
eodd
Local time: 13:19
Native speaker of: Native in EnglishEnglish
PRO pts in category: 60
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24 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
credit facility


Explanation:
:o)

Sven Petersson
Sweden
Local time: 14:19
Native speaker of: Native in SwedishSwedish, Native in EnglishEnglish
PRO pts in category: 33
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40 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Line of credit


Explanation:
As mentioned by the asker and by Chris S., the line of credit gives the flexibility for the client to manage the loan.

rajagopalan sampatkumar
Switzerland
Local time: 14:19
Specializes in field
Native speaker of: English
PRO pts in category: 12
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