Glossary entry (derived from question below)
German term or phrase:
echtes oder unechtes Kontokorrentverhältnis
English translation:
arranged or unarranged (impromptu) overdraft facility
Added to glossary by
KirstyMacC (X)
May 24, 2004 15:21
20 yrs ago
4 viewers *
German term
Australia
German and Italian into English
Native in: English 
, German
Works in: German to English, Italian to English, English
echtes oder unechtes Kontokorrentverhältnis
German to English
Bus/Financial
Finance (general)
I know Kontokorrentverhältnis has already been asked, but I still don't know what an "unechtes Kontokorrentverhältnis" is. Any help would be greatly appreciated!
TIA.
vanessa
TIA.
vanessa
Proposed translations
(English)
| 2 +3 | arranged or unarranged (impromptu) overdraft facility |
KirstyMacC (X)
|
Proposed translations
+3
53 mins
Selected
arranged or unarranged (impromptu) overdraft facility
Kontokorrentkredit can be an overdraft i.e. facility on current account .
Not many Google hits for the terms....
'Besteht zwischen dem Kunden und seinen Abnehmern ein *echtes oder unechtes Kontokorrentverhältnis*,
so tritt der Kunde hiermit an uns zusätzlich die Ansprüche ...'
Kündigung: notice terminating or calling in the (non-)arrangement,
Echt I take to be a formally agreed overdraft facility or 'relationship' between supplier & customer. Unecht when the overdraft is allowed to develop informally.
Not many Google hits for the terms....
'Besteht zwischen dem Kunden und seinen Abnehmern ein *echtes oder unechtes Kontokorrentverhältnis*,
so tritt der Kunde hiermit an uns zusätzlich die Ansprüche ...'
Kündigung: notice terminating or calling in the (non-)arrangement,
Echt I take to be a formally agreed overdraft facility or 'relationship' between supplier & customer. Unecht when the overdraft is allowed to develop informally.
3 KudoZ points awarded for this answer.
Comment: "Thank you."
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