Feb 15, 2023 19:12
1 yr ago
21 viewers *
Portuguese term

fruição de prazo

Portuguese to English Bus/Financial Accounting
In Brazilian financial statements:

As operações de compras a prazo são ajustadas ao valor presente na data das transações e sua reversão tem como contrapartida o resultado financeiro, pela fruição de prazo no caso de fornecedores.
Change log

Feb 16, 2023 00:40: philgoddard changed "Field (write-in)" from "urinalysis" to "(none)"

Discussion

philgoddard Feb 16, 2023:
Yes That makes perfect sense. "Resultado financeiro" is usually interest earned less interest paid.
Mark Robertson Feb 16, 2023:
@All This is my interpretation of the source text.

Compras a prazo are forward purchases, i.e. an agreement to buy on a future date. The price is adjusted on the purchase date to reflect the amount due on that date (i.e. to include the interest due, and any price increases, in some cases). If the forward purchase is subsequently reversed (i.e. cancelled), the supplier is rewarded by the interest (resultado financeiro/forward rate) payable regarding the time that elapses between the agreement to purchase and the reversal date (fruição do prazo).
philgoddard Feb 15, 2023:
Could it be the invoice due date, or the payment date?

Proposed translations

+1
18 hrs
Selected

Maturity Date

Forward purchase operations are adjusted to current value on the date of the transactions and reversal of the same has a matching entry in the financial results, of/ by the maturity date in the case of suppliers.
Peer comment(s):

agree Andrew Bramhall
1 day 10 hrs
Merci, Andrew!
neutral Adrian MM. : very clever, using an alias to agree with your own answer, unreferenced as usual.
7 days
???
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4 KudoZ points awarded for this answer. Comment: "Thanks!"
-1
56 mins

fruition of term

Peer comment(s):

disagree philgoddard : Your reference is a translation from Portuguese, and it simply doesn't work.
12 mins
agree Clauwolf
19 hrs
disagree Andrew Bramhall : Doesn't work in English, sorry.
2 days 3 hrs
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2 hrs

exploring the possibility of sales in installments

I believe this is what the author meant.
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+1
4 hrs
Portuguese term (edited): fruição de prazo /no caso de fornecedores/

reaching of the deadline for payment (in the case of suppliers vs. term date of Lease)

From the context : As operações de compras a prazo são ajustadas ao valor presente *na data das transações* and from the Portuguese : fruição de prazo / no caso de fornecedores/. As Phil G. surmises, routinely in the Discussion Entries, the due date of suppliers' invoice, the deadlining of which may be renegotiable to another date, so shifting the accounting cut-off point for 'accruals' and 'prepayments'.
Example sentence:

With increasing financial pressure on companies worldwide due to the Covid-19 situation, there is an imminent need for organizations to renegotiate payment terms with their suppliers .

Leases: When Term Dates (prazos) Get Tricky As you can guess from these definitions, the term of a commercial real estate lease is not always easy to identify. In a perfect scenario, the lease provides a clear commencement date and expiration date.

Peer comment(s):

agree ZT-Translations : Good job! This term appears to be very difficult to translate accurately, but I believe you have the right idea.
8 hrs
Obrigado and thanks!
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+2
13 hrs

the time that elapses between the agreement date and the reversal date.

My translation of the source text is:

Forward purchases are adjusted according to the amount due on the transaction date, and, if reversed, the supplier receives the interest due regarding the time that elapses between the agreement date and the reversal date.

See my discussion entry for further details.
Peer comment(s):

agree philgoddard : Maybe, more concisely, "will receive interest for the period between".
6 hrs
Thank you and for the concision suggested.
agree Andrew Bramhall
1 day 15 hrs
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