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Glossary entry

Spanish term or phrase:

amortización lineal o bullet

English translation:

straight line or bullet amortization

Added to glossary by Sherry Godfrey
Apr 3, 2008 09:52
17 yrs ago
7 viewers *
Spanish term

amortización lineal a bullet

Spanish to English Bus/Financial Finance (general)
Regarding a deed of sale:

Subrogación por parte del adquiriente de la financiación actual novando las condiciones de plazo (amortización lineal a bullet) y por consiguiente de coste.

I know "amortización lineal" is straight-line/linear depreciation but I'm not sure about the "a bullet" part. (I thought "bullet" was all at once, but perhaps its once a year or something similar?)

Thanks in advance!
Proposed translations (English)
1 +2 straight line or bullet amortization
4 lineal bullet amortization
4 final/total payment at maturity

Discussion

Sherry Godfrey (asker) Apr 3, 2008:
Cm, I think you're on to something! It must be "or"- I was wondering how it could be both. And yes, you're right about the amortisation/depreciation- thanks so much!
cmwilliams (X) Apr 3, 2008:
Could there be a typo? Could it be 'amortización o bullet'? I'm not sure it could be both straight-line and bullet. Also, if this is about repayment of a loan, I would use repayment or amortization rather than depreciation.

Proposed translations

+2
6 hrs
Selected

straight line or bullet amortization

Just a guess
Peer comment(s):
agree cmwilliams (X) : which is the point I was making in my note to the asker.
14 mins
agree Egmont
1 hr
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks Julie, cm and everyone!"
37 mins

lineal bullet amortization

Many kinds of amortization exist, including:. Straight line (linear); Declining balance; Annuity; Bullet (all at once);
Example sentence:

A bond with level coupons and bullet amortization

Reference:

http://www.cbtworldwide.com/glossary.htm

Peer comment(s):
neutral cmwilliams (X) : did you mean 'linear'? In any case, straight-line(linear) and bullet seem to be two different types of amortization/repayments.
2 hrs
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29 mins

final/total payment at maturity

That's it in the financial market lingo. See the AVH Financial, "bullet2", page 114.-

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Note added at 6 hrs (2008-04-03 16:07:05 GMT)
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If you want "linear", that is "lineal" or "straight line", and it means repayable in equal installments in XXX periods....
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