Apr 25, 2022 15:10
2 yrs ago
31 viewers *
French term
France
Excellence, Expertise & Experience
Native in: English (Variants: Irish, British, Wales / Welsh, UK, Scottish)
Works in: French to English, English
portés à l'escompte
French to English
Bus/Financial
Law: Taxation & Customs
Part of a company's tax return in France - form 2058
"RENSEIGNMENTS DIVERS
Exercice N :
ENGAGEMENTS
– Engagements de crédit-bail mobilier
( précisez le prix de revient des biens pris en crédit-bail
J7
)
YQ
– Engagements de crédit-bail immobilier
YR
– Effets ***portés à l’escompte*** et non échus"
I understand the whole principle but not what the "portés" bit means.
Exercice N :
ENGAGEMENTS
– Engagements de crédit-bail mobilier
( précisez le prix de revient des biens pris en crédit-bail
J7
)
YQ
– Engagements de crédit-bail immobilier
YR
– Effets ***portés à l’escompte*** et non échus"
I understand the whole principle but not what the "portés" bit means.
Proposed translations
(English)
| 4 | bills sold for discount |
Francois Boye
|
| 4 +1 | bills discounted |
Adrian MM.
|
References
| About Factoring |
Anastasia Kalantzi
|
Proposed translations
43 mins
Francois Boye
United States
United States
Native in French
United States
An economic geek with social skills
Native in: French 
Works in: English to French, French to English, Spanish to English, and 1 more.
Related KudoZ points
:
28
Selected
bills sold for discount
Bill Discounting is a short-term finance for traders wherein they can sell unpaid invoices, due on a future date, to financial institutions in lieu of a commission. The Bank purchases the bill (Promissory Note) before its due date and credits the bill’s value after a discount charge to the customer’s account.
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Note added at 58 mins (2022-04-25 16:09:38 GMT)
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Discount or Discounting
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Note added at 58 mins (2022-04-25 16:09:38 GMT)
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Discount or Discounting
Note from asker:
| Thanks! Is this a bit like factoring (affacturage) then? |
Peer comment(s):
| agree |
Anastasia Kalantzi
3 hrs
|
|
Thanks!
|
|
| disagree |
Daryo
: wrong explanation: in actual fact what is "sold" is not the invoice (that would be "affacturage") but the financial instrument (="l'effet") given by the buyer as payment (THAT is what's happening in this ST: "escompte")
1 day 4 hrs
|
|
Bill Discounting is a short-term finance for traders wherein they can sell unpaid invoices, due on a future date, to financial institutions
|
4 KudoZ points awarded for this answer.
+1
5 hrs
Adrian MM.
Austria
Austria
Native in English
Specializes in field
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: British, Scottish) 
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
Related KudoZ points
:
20
French term (edited):
effets portés à l'escompte
bills discounted
Neither sold, nor entered nor presented for discounting.
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Note added at 6 hrs (2022-04-25 21:51:50 GMT)
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OK, Conor (one 'N') - I initially thought you meant bills 'getting' discounted - which isn't a bad idea and possibly within acceptably creative parameters for those of us who have, for law degree or notarial purposes, studied negotiable instruments and bills exchange as part of a UK commercial / business law syllabus...
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Note added at 8 hrs (2022-04-25 23:24:21 GMT)
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'Do they actually DO anything useful with all this information? INSEE? I'm interested.' I have no inside info., except that they are on the tax-deductible 'engagements' side of the balance sheet. If there is a scam / arnaque, it's going to be more devious than that, such as repeat credit-card debits of the tax bill. I can't expand on-list.....
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Note added at 6 hrs (2022-04-25 21:51:50 GMT)
--------------------------------------------------
OK, Conor (one 'N') - I initially thought you meant bills 'getting' discounted - which isn't a bad idea and possibly within acceptably creative parameters for those of us who have, for law degree or notarial purposes, studied negotiable instruments and bills exchange as part of a UK commercial / business law syllabus...
--------------------------------------------------
Note added at 8 hrs (2022-04-25 23:24:21 GMT)
--------------------------------------------------
'Do they actually DO anything useful with all this information? INSEE? I'm interested.' I have no inside info., except that they are on the tax-deductible 'engagements' side of the balance sheet. If there is a scam / arnaque, it's going to be more devious than that, such as repeat credit-card debits of the tax bill. I can't expand on-list.....
Example sentence:
Discount of bill of exchange is a short-term financing granted by the Bank. The Bank purchases the bill of exchange before its payment term at a price less the amount of discount interest.
IATE: effet porté à l'escompte bills discounted
Note from asker:
| Thanks Adrian. I often use IATE but the deadline is gettiing tight on this one. |
| getting |
| I didn't mean anything, I'm just trying to figure out what the French taxman/Mr Bercy is trying to say. Do they actually DO anything useful with all this information? INSEE? I'm interested. |
Peer comment(s):
| agree |
Steve Robbie
17 hrs
|
|
Thanks, Steve. I'd almost forgotten about this answer that seemed to be a bog-standard accounting entry.
|
Reference comments
4 hrs
Anastasia Kalantzi
Greece
Greece
Greece
EnFrGreek Medical/Mechanical/Legal
Native in: Greek (Variant: Modern) , Greek (Ancient) (Variants: Koine (common), Doric, Homeric, Ionic, Aeolic)
Works in: French to Greek, Greek to French, English to Greek, and 5 more.
Reference:
About Factoring
Note from asker:
| Thanks! I don't know if I can call it factoring though, strictly speaking. Problem solved though. |
Discussion
https://www.blank.app/comptabilite/affacturage-escompte
Porter / remettre à l'escompte cf.
https://www.soan-solutions.io/lexique-escompte/