kreditvillighed

English translation: willingness to provide credit

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Danish term or phrase:kreditvillighed
English translation:willingness to provide credit
Entered by: Laura Petersen

08:48 Nov 19, 2007
Danish to English translations [PRO]
Bus/Financial - Finance (general)
Danish term or phrase: kreditvillighed
As in a sentence such as:

Mange signaler peger nu på, at vi står over for de syv magre år på boligmarkedet. Med den nuværende finansielle krise trækker bankerne kreditvilligheden sammen og tilbyder kun lån, hvis kundens har fået solgt deres tidligere bolig.
Laura Petersen
Local time: 06:36
willingness to provide credit
Explanation:
e.g. 'lenders' willingness to provide credit at a price that does not exceed the borrower's marginal utility of consumption.'
Selected response from:

Diarmuid Kennan
Ireland
Local time: 05:36
Grading comment
Thank you!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1willingness to provide credit
Diarmuid Kennan
4reluctant to advance funds
Mette Melchior


  

Answers


11 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
willingness to provide credit


Explanation:
e.g. 'lenders' willingness to provide credit at a price that does not exceed the borrower's marginal utility of consumption.'


Diarmuid Kennan
Ireland
Local time: 05:36
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 178
Grading comment
Thank you!

Peer comments on this answer (and responses from the answerer)
agree  holmgeirsson
1 hr
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3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
reluctant to advance funds


Explanation:
I agree with the suggestion above. Here is another suggestion from EUR-Lex. The term is used in the last part of the sentence.

Dette gjaldt frem for alt for små og mellemstore virksomheder, der efter forbundsregeringens mening ganske vist overskred de snævre grænser i Fællesskabets rammebestemmelser for SMV, men modsat større virksomheder havde vanskeligt ved at optage lån, idet deres som regel for lille kapitalgrundlag begrænsede bankernes kreditvillighed.

This was particularly true of medium-sized firms, which might fall outside what the Government considered to be the restrictive limits set by the Community guidelines on SMEs, but which, unlike large enterprises, had trouble in obtaining credit because their generally narrow capital base meant that banks were reluctant to advance them funds.

Example sentence(s):
  • Outsourcing will catch on in the region, he says, because many banks are reluctant to advance funds against receivables.
  • The Bank has contributed to the tightening of credit conditions with five interest-rate rises since the summer of 2006, while the global credit squeeze has made lenders much more reluctant to advance funds to borrowers with patchy credit histories.
Mette Melchior
Sweden
Local time: 06:36
Specializes in field
Native speaker of: Native in DanishDanish
PRO pts in category: 20
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