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  3. Finance (general)

frånränte

English translation: lowest rate of interest

14:02 Sep 30, 2019
Swedish to English translations [PRO]
Bus/Financial - Finance (general)
Swedish term or phrase: frånränte
What is "frånränte"?

As in:
Om en frånränta anges i marknadsföringen bör även ett räntespann presenteras.
bendksu
Thailand
Local time: 04:11
English translation:lowest rate of interest
Explanation:
It means the lowest possible, or starting rate of interest being offered. The advertisement should specify the interest rate range, not just the lowest rate.
E.g. instead of an advert saying: We offer interest rates starting at x.xx%, it should say: We offer a range of interest rates from x.xx% to x.xx%.
Selected response from:

Jenniferlee
Local time: 04:11
Grading comment
Thank you! I like "starting interest rate". Later in the text, there is "den lägsta ränta", so I prefer not to use Lowest.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3lowest rate of interest
Jenniferlee
5Interest from...
Per Carsing
4lowest rate of interest
Jenniferlee


  

Answers


21 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
lowest rate of interest


Explanation:
It means the lowest possible, or starting rate of interest being offered. The advertisement should specify the interest rate range, not just the lowest rate.
E.g. instead of an advert saying: We offer interest rates starting at x.xx%, it should say: We offer a range of interest rates from x.xx% to x.xx%.

Jenniferlee
Local time: 04:11
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  ehnsio
1 hr
agree  Deane Goltermann: I liked your explanation ... starting/minimum rate (rates starting at) -- which needs a max rate.
1 hr
agree  Adrian MM.: yes to frånränta and not frånränte.
7 hrs
Login to enter a peer comment (or grade)

16 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
lowest rate of interest


Explanation:
It means the lowest possible, or starting rate of interest being offered. The advertisement should specify the interest rate range, not just the lowest rate.
E.g. instead of an advert saying: We offer interest rates starting at x.xx%, it should say: We offer a range of interest rates from x.xx% to x.xx%.

Jenniferlee
Local time: 04:11
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Thank you! I like "starting interest rate". Later in the text, there is "den lägsta ränta", so I prefer not to use Lowest.
Login to enter a peer comment (or grade)

16 hrs   confidence: Answerer confidence 5/5
Interest from...


Explanation:
Often used for credit scoring based offers to consumers in Sweden. Frequently only a fraction of applicants will qualify for this "Best interest". This is why Authorities demands that also a span is shown.

Example sentence(s):
  • Ränta från 3,15%
Per Carsing
Sweden
Local time: 04:11
Specializes in field
Native speaker of: Native in SwedishSwedish
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