Glossary entry (derived from question below)
Deutsch term or phrase:
Kreditverwertungsgesellschaften
Englisch translation:
Debt recovery agency
Added to glossary by
Steffen Pollex (X)
Oct 9, 2006 10:31
17 yrs ago
Deutsch term
Steffen Pollex (X)
Kreditverwertungsgesellschaften
Deutsch > Englisch
Wirtschaft/Finanzwesen
Wirtschaftswissenschaften
Debt Managment Agencies? Debt Restructuring?
Proposed translations
(Englisch)
| 2 | Debt recovery agency |
DesposEl
|
| 3 +1 | collecting societies also see below |
Camilla Seifert
|
| 4 | Factoring companies |
Alison Schwitzgebel
|
Proposed translations
39 Min.
Selected
Debt recovery agency
but I ma not sure about
a sentence may help
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Note added at 5 hrs (2006-10-09 15:54:06 GMT)
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the first part of the sentence (Schlechte Rückzahlungsquoten wurden in Kauf genommen, bis mit der Gründung ...) may me believe that they are talking about debt collection companies or debt recovery companies.
http://www.debtrecovery.co.nz/
a sentence may help
--------------------------------------------------
Note added at 5 hrs (2006-10-09 15:54:06 GMT)
--------------------------------------------------
the first part of the sentence (Schlechte Rückzahlungsquoten wurden in Kauf genommen, bis mit der Gründung ...) may me believe that they are talking about debt collection companies or debt recovery companies.
http://www.debtrecovery.co.nz/
4 KudoZ points awarded for this answer.
Comment: "Thank you! Probably the most appropriate term in the given context."
+1
32 Min.
Camilla Seifert
Südafrika
Südafrika
Native in Deutsch
&
Englisch
Specializes in field
Südafrika
Professional, experienced, high quality
Native in: Englisch 
, Deutsch
Works in: Deutsch > Englisch, Englisch > Deutsch
Related KudoZ points
:
12
collecting societies also see below
I found *Verwertungsgesellschaften* translated as meaning in UrhR - performing rights societies (e.g. GEMA) and also *collecting societies*. Further *Verwertungsrecht* as exploitation right.
I hope this points you in the right direction. If you have a sentence, we could have a better idea of the context.
I hope this points you in the right direction. If you have a sentence, we could have a better idea of the context.
40 Min.
Alison Schwitzgebel
Frankreich
Frankreich
Native in Deutsch
&
Englisch
Specializes in field
Frankreich
Words that work
Native in: Englisch , Deutsch
Works in: Deutsch > Englisch, Germanische Sprachen (sonstige) > Englisch, Französisch > Englisch
Related KudoZ points
:
39
Factoring companies
Hi! I think these are most likely factoring companies. Check out this definition of factoring:
"factoring
Definition
The selling of a company's accounts receivable, at a discount, to a factor, who then assumes the credit risk of the account debtors and receives cash as the debtors settle their accounts. also called accounts receivable financing. "
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Note added at 3 hrs (2006-10-09 14:22:49 GMT)
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Thanks for the context. It certainly sounds like factoring to me.
"factoring
Definition
The selling of a company's accounts receivable, at a discount, to a factor, who then assumes the credit risk of the account debtors and receives cash as the debtors settle their accounts. also called accounts receivable financing. "
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Note added at 3 hrs (2006-10-09 14:22:49 GMT)
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Thanks for the context. It certainly sounds like factoring to me.
Peer comment(s):
| neutral |
DesposEl
: the first part of the sentence implies the collection of bad debts ....
4 Stunden
|
Discussion
Schlechte Rückzahlungsquoten wurden in Kauf genommen, bis mit der Gründung von Kreditverwertungsgesellschaften im Jahr 2000 ersten Reformen im Finanzsektor begannen."
The whole text is a report on the Chinese banking system and, in particular, underdeveloped micro finance sector in the PR of China. Would this clarify a bit?