Glossary entry

Danish term or phrase:

aktuelle kalenderdage/360 dage

English translation:

actual calendar days/360 days

Added to glossary by Diarmuid Kennan
May 4, 2011 02:53
13 yrs ago
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Danish term

aktuelle kalenderdage/360 dage

Danish to English Bus/Financial Finance (general) loan agreement
Rentesatsen fastsættes ... og beregnes ud fra aktuelle kalenderdage/360 dage ...

I have no idea what is meant here .... can anyone tell me how to calculate interest on the basis of "aktuelle kalenderdage/360 dage"?=
Proposed translations (English)
3 +1 actual calendar days/360 days

Proposed translations

+1
2 hrs
Selected

actual calendar days/360 days

It refers to a day count convention (faktisk/360 > actual/360).

http://www.google.dk/#hl=da&rlz=1W1HPEA_da&biw=1160&bih=565&...

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Note added at 4 hrs (2011-05-04 07:00:12 GMT)
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http://www.google.dk/#hl=da&rlz=1W1HPEA_da&biw=1177&bih=565&...
Peer comment(s):

agree Michael Davies : Yes, as usual, Malberg offers the right translation! (Referred to as Actual/360 in the first of the 2 references given)
2 hrs
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4 KudoZ points awarded for this answer. Comment: "Thank you :-)"
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