Glossary entry

German term or phrase:

Abruf des Darlehensnehmers

English translation:

following the request of the borrower

Added to glossary by Claudia Hoffmann
Oct 8, 2014 10:39
9 yrs ago
3 viewers *
German term

Abruf des Darlehensnehmers

German to English Bus/Financial Accounting
Die Auszahlung des Darlehens erfolgt entsprechend dem Finanzbedarf ab der KW 2xxx durch Abruf des Darlehensnehmers (Abrufdarlehen).

The loan shall be paid by the issuance of release orders by the borrower (a callable loan) based on its finance requirements from calendar week X 2xxx.

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Have I got that right? Surely that's the opposite of a callable loan though? Or does the German "Abruf des Darlehensnehmers" mean that the loan is paid by the borrower being called upon?
Change log

Oct 13, 2014 20:38: Claudia Hoffmann Created KOG entry

Discussion

BrigitteHilgner Oct 8, 2014:
Abrufdarlehen See:
http://de.wikipedia.org/wiki/Abrufdarlehen
Plenty of entries for "Abruf" in the kudoz glossary - in the finance sector, the typical translation seems to be "call".

Proposed translations

+2
15 mins
Selected

following the request of the borrower

following the request of the borrower
Peer comment(s):

agree gangels (X)
1 hr
agree Dr Lofthouse
5 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks a lot for your help!"
15 hrs

as required by the borrower

in this case

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Note added at 15 hrs (2014-10-09 01:54:19 GMT)
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auf Abruf = as and if required in this case

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Note added at 15 hrs (2014-10-09 01:54:49 GMT)
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or: as and when

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Note added at 15 hrs (2014-10-09 01:56:29 GMT)
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a piacere
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Reference comments

2 hrs
Reference:

We've had this several times before

It means drawn down, so Abrufdarlehen is drawdown loan/credit/facility.
Peer comments on this reference comment:

agree Steffen Walter
13 mins
agree Johanna Timm, PhD
1 day 10 hrs
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