Glossary entry

Italian term or phrase:

Controllanti c/debiti finanziari

English translation:

Parents borrowings

Added to glossary by julie-h
Mar 28, 2011 08:47
13 yrs ago
1 viewer *
Italian term

Controllanti c/debiti finanziari

Italian to English Bus/Financial Accounting Statement of assets and liabilities
Parent company loans? What does the c/ stand for?

TIA

Proposed translations

3 mins
Selected

Parents borrowings

C just means accounts. borrowings because debiti is money owed. Really need to know whose accounts these are and have more context
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4 KudoZ points awarded for this answer. Comment: "thank you"
4 mins

crediti

It can be translated as long/short term loan
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5 hrs

Dues to Parent Companies

it really depends where it stands in the balance sheet.
However, usually in an italian balance sheet Debiti is in the right side and means money due . debiti v/fornitori debiti v/banche ecc..
so if this item is placed there, it is money due to..

conversely, if it were money due from the parent company you would probably have
crediti vs/controllanti and it would be dues from parent company
and you would find this item on the left side of the balance sheet

hope it helps


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