GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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11:44 May 24, 2019 |
Spanish to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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| Selected response from: Judith Armele Mexico Local time: 22:46 | ||||||
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Summary of reference entries provided | |||
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What "periodo de carencia" is. |
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interest-only period Explanation: could be: https://www.thebalance.com/what-is-the-definition-of-the-int... What is the definition of an interest-only period? Simply put, it is a period of time during which you’ll only pay interest on a loan. You do not repay any of the original loan balance (or principal), so you owe the same amount of money at the beginning of an interest-only period as you do at the end. https://www.investopedia.com/articles/managing-wealth/042516... But what happens when the interest-only period is up? Who offers these loans? And when does it make sense to get one? Here is a short guide to this type of mortgage. -------------------------------------------------- Note added at 1 hora (2019-05-24 12:58:55 GMT) -------------------------------------------------- Sorry that I focused on carencia and missed to include the complete translation requested. It should say: Interest-only and amortization periods |
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lacking of means and recovering phases/stages Explanation: https://www.linguee.com/english-spanish/translation/lack of ... |
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interest-only and (subsequent) capital repayment stages Explanation: amortización - can mean amortisation, write-off or a *capital, writing-down allowance* but in this case must mean subsequent capital repayment or 'repayment of principal' spells. Reference: http://www.proz.com/kudoz/spanish-to-english/law-general/359... |
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Reference: What "periodo de carencia" is. Reference information: http://hipotecasydepositos.com/hipotecas-con-carencia/ En esencia estos períodos de carencia, también conocidos antaño como períodos de gracia, vienen a significar que durante un tiempo pactado con la entidad financiera el usuario no deberá hacer frente a las cuotas de amortización prefijadas. http://www.notariosenred.com/2015/05/conceptos-que-debes-con... – Carencia. Se llama así a aquel periodo de vigencia del préstamo en que no se paga capital en las cuotas mensuales, sino sólo intereses. Es decir, no baja la cantidad que se adeuda al banco sino sólo se le paga intereses. |
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