Glossary entry (derived from question below)
Arabic term or phrase:
المقاصة الراجعة
English translation:
returned offset check
Added to glossary by
Nesrin
Jan 8, 2007 19:48
17 yrs ago
14 viewers *
Arabic term
المقاصة الراجعة
Arabic to English
Bus/Financial
Business/Commerce (general)
Libya
As in my previous question, this is from a Libyan document detailing bank charges for certain banking services. The items are:
1) مصاريف نهاية السنة
2) مصاريف فتح الحسابات الجديدة
3) إصدار دفتر الصكوك
4) المقاصة الراجعة
الخ
I can only find one occurrence of المقاصة الراجعة on the internet, in a similar Libyan document, without further context.
المقاصة according to the dictionary can be:
accounting, clearing, settlement of accounts, balancing, adjustment, setoff
Any ideas? Thanks!
1) مصاريف نهاية السنة
2) مصاريف فتح الحسابات الجديدة
3) إصدار دفتر الصكوك
4) المقاصة الراجعة
الخ
I can only find one occurrence of المقاصة الراجعة on the internet, in a similar Libyan document, without further context.
المقاصة according to the dictionary can be:
accounting, clearing, settlement of accounts, balancing, adjustment, setoff
Any ideas? Thanks!
Proposed translations
(English)
| 3 | returned offset/ returned offset check |
Khalid Nasir
|
| 4 | returned checques |
AhmedAMS
|
Proposed translations
1 day 11 hrs
Selected
returned offset/ returned offset check
From these official translated web sites
صكوك المقاصة = Offset check
then المقاصة الراجعة = returned offset
صكوك المقاصة = Offset check
then المقاصة الراجعة = returned offset
Reference:
Note from asker:
| Thank you very much indeed!! |
4 KudoZ points awarded for this answer.
9 hrs
returned checques
Banks may accept, from their customers, checks drawn on other banks for collection. Checks are then sent by the banks to a centralized clearing house (المقاصة).
Check the following URL: http://www.answers.com/topic/clearing-house
Some checks may be returned to banks without collection because of some financial reasons. The term used for those returned checks is uncollected checks.
Check the following URL for more information: http://getmychecks.com/p/sslcyb30/default.asp?btnSubmit=chec...
However, Libyan banks prefer to use (returned checques) instead of (uncollected checks) for (الصكوك الراجعة).
Please examine the following two pages for a proof of my previous conclusion:
Arabic http://www.saharabank.com.ly/ar/StaticFile.asp?F=bank_cost
English http://www.saharabank.com.ly/en/StaticFile.asp?F=bank_cost
Check the following URL: http://www.answers.com/topic/clearing-house
Some checks may be returned to banks without collection because of some financial reasons. The term used for those returned checks is uncollected checks.
Check the following URL for more information: http://getmychecks.com/p/sslcyb30/default.asp?btnSubmit=chec...
However, Libyan banks prefer to use (returned checques) instead of (uncollected checks) for (الصكوك الراجعة).
Please examine the following two pages for a proof of my previous conclusion:
Arabic http://www.saharabank.com.ly/ar/StaticFile.asp?F=bank_cost
English http://www.saharabank.com.ly/en/StaticFile.asp?F=bank_cost
Note from asker:
| Thanks for the GREAT Saharabank links, Ahmed, which also answers my previous question الموزعين الأفراد. I'm really grateful! |
| Thanks again Ahmed - your answer was close enough, but Khalid's answer is more accurate. |
Discussion
Thanks AhmedAMS, by the way, you may be right, but I really need to be sure.
God help me indeed :-)
God help you