Glossary entry (derived from question below)
German term or phrase:
Rangrücktrittskonto
English translation:
subordination account
Added to glossary by
Steffen Walter
Apr 1, 2002 01:01
22 yrs ago
German term
Verbindlichkeit Girokonto/Rangrücktrittskonto
German to English
Bus/Financial
Finance (general)
context: a list of liabilities (with amounts) that make up the item "Verbindlichkeiten gegenüber Kreditinstituten" in a company's balance sheet.
"Delbrück & Co.
Verbindlichkeit Girokonto
Verbindlichkeit Rangrücktrittskonto (unverzinslich)"
I assume Verbindlichkeit Girokonto means a checking account debt (or perhaps debit balance?), but what is a Rangrücktrittskonto?
TIA, Beth
"Delbrück & Co.
Verbindlichkeit Girokonto
Verbindlichkeit Rangrücktrittskonto (unverzinslich)"
I assume Verbindlichkeit Girokonto means a checking account debt (or perhaps debit balance?), but what is a Rangrücktrittskonto?
TIA, Beth
Proposed translations
(English)
4 | subordination account |
Kim Metzger
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Change log
Jul 5, 2005 10:50: Steffen Walter changed "Term asked" from "Verbindlichkeit Gironkonto/Rangr�cktrittskonto" to "Verbindlichkeit Girokonto/Rangr�cktrittskonto" , "Field (specific)" from "(none)" to "Finance (general)"
Proposed translations
1 hr
Selected
subordination account
Woyode translates subordination agreement as Rangrücktrittsvereinbarung.
The site below gives this definition of
SUBORDINATION AGREEMENT
A written agreement between holders of liens on a property that changes the priority of mortgage, judgment and other liens under certain circumstances.
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Note added at 2002-04-01 02:31:56 (GMT)
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Wörterbuch Rechnungslegung und Steuern - Woyode
The site below gives this definition of
SUBORDINATION AGREEMENT
A written agreement between holders of liens on a property that changes the priority of mortgage, judgment and other liens under certain circumstances.
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Note added at 2002-04-01 02:31:56 (GMT)
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Wörterbuch Rechnungslegung und Steuern - Woyode
4 KudoZ points awarded for this answer.
Comment: "Thanks, Kim!"
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