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Nov 2, 2010 11:36
13 yrs ago
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French term

crédit d'accompagnement

French to English Bus/Financial Construction / Civil Engineering
From a table that records various information about building projects (from the project owner's viewpoint). It includes a column headed "Montant du crédit d'accompagnement".

I've found this definition:

"BANQUE. Crédit d'accompagnement (cf. crédit). ,,Forme particulière d'un crédit par acceptation, accordé à une entreprise à l'occasion d'une affaire donnée, et dans lequel des tirages nouveaux peuvent faire l'objet d'acceptation au fur et à mesure de la fourniture des justifications (le montant de crédit constitue le plafond de l'encours des effets en circulation et non le plafond global des tirages suivis d'acceptation).`` (Lar. encyclop.)."

http://www.cnrtl.fr/definition/accompagnement

MTIA
Proposed translations (English)
3 credit given to promotors/companies

Discussion

Vicky James (asker) Nov 2, 2010:
I've found "drawdown loan" as a possibility. Any views more than welcome at this stage!

Proposed translations

1 day 37 mins

credit given to promotors/companies

Credits given to promotors to allow them to ensure the financing of construction according to its progress. Its complete amount is fixed in advance.
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