Glossary entry (derived from question below)
Sep 8, 2011 10:35
12 yrs ago
8 viewers *
Spanish term
si bien
Spanish
Bus/Financial
Finance (general)
CONTRATO DE PRÉSTAMO
Please help em with the meanign of the followign sentence:
Las PARTES pactan que el PRÉSTAMO devengará un tipo de interés anual del Euribor a doce meses más 1,60%, SI BIEN todas las cantidades así devengadas se abonarán en un solo pago a la finalización del período contractual.
Does that mean that the Borrower has to pay the interests EVEN IF all the sums calculated in the given manner (principal + interests Euribor + 1,60%) will be paid off once on the day the contract is completed? Or does that mean that the Borrowe has to pay the interest only if he fails to pay the agreed sums on on the day the contract is completed? In the first case it would mean that the interets are acrrued from the day the money is borrower. In the saceond case - from the repayment due date.
Thank you for your help.
Magda
Las PARTES pactan que el PRÉSTAMO devengará un tipo de interés anual del Euribor a doce meses más 1,60%, SI BIEN todas las cantidades así devengadas se abonarán en un solo pago a la finalización del período contractual.
Does that mean that the Borrower has to pay the interests EVEN IF all the sums calculated in the given manner (principal + interests Euribor + 1,60%) will be paid off once on the day the contract is completed? Or does that mean that the Borrowe has to pay the interest only if he fails to pay the agreed sums on on the day the contract is completed? In the first case it would mean that the interets are acrrued from the day the money is borrower. In the saceond case - from the repayment due date.
Thank you for your help.
Magda
Responses
4 +1 | Aunque | montse c. |
4 +1 | sin embargo, no obstante | Dolores Vázquez |
Change log
Sep 15, 2011 06:56: montse c. Created KOG entry
Responses
+1
20 mins
Selected
Aunque
Este “si bien” aquí lo puedes interpretar como “aunque”.
4 KudoZ points awarded for this answer.
Comment: "Thank you."
+1
26 mins
sin embargo, no obstante
Una sugerencia.
Note from asker:
Thank you for your help. Both answers were correct. I gave points to the first valid answer. Magdalena |
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