cuenta corriente mercantil

English translation: barter account

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:cuenta corriente mercantil
English translation:barter account
Entered by: bigedsenior

21:12 Jan 16, 2015
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / Business law
Spanish term or phrase: cuenta corriente mercantil
La cuenta corriente se celebra cuando entre dos comerciantes, existe una relación continuada de negocios. De sus relaciones nacen créditos y deudas recíprocas, que se van creando sucesivamente. Uno a otro se remiten mercaderías, dinero, títulos valores.
http://www.derechocomercial.edu.uy/ClaseContCtaCte01.htm
TradB
Argentina
barter account
Explanation:
Anytime goods and services are exchanged between two entities, it is a barter arrangement.
As long as the sales and purchases are properly accounted for to show gross income and expenses, there is no problem..
If the account is only netted out, there could be an under reporting problem, particularly where gross income is taxed, as in some states such as HI NM, CA and others.
Selected response from:

bigedsenior
Local time: 23:20
Grading comment
Thank you!
3 KudoZ points were awarded for this answer



Summary of answers provided
4 +1ongoing business account
Henry Hinds
5barter account
bigedsenior
5Business current account
Helen Blair
5Business checking account
Phoenix III
4current trading account
Edward Tully


  

Answers


26 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
ongoing business account


Explanation:
Según el CONTEXTO. Puede haber otras opciones válidas.

Henry Hinds
United States
Local time: 00:20
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 795

Peer comments on this answer (and responses from the answerer)
agree  Ray Ables: I think "commercial account" would also work. Butterworth says so and also "running balance between merchants"
29 mins
  -> Gracias, Ray.
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1 hr   confidence: Answerer confidence 5/5
barter account


Explanation:
Anytime goods and services are exchanged between two entities, it is a barter arrangement.
As long as the sales and purchases are properly accounted for to show gross income and expenses, there is no problem..
If the account is only netted out, there could be an under reporting problem, particularly where gross income is taxed, as in some states such as HI NM, CA and others.


    Reference: http://smallbusiness.chron.com/create-barter-agreement-16623...
bigedsenior
Local time: 23:20
Works in field
Native speaker of: English
PRO pts in category: 337
Grading comment
Thank you!
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
current trading account


Explanation:
By far the most-used term.


https://www.google.es/?gws_rd=ssl#q="current trading account...

Edward Tully
Local time: 08:20
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 825
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1 hr   confidence: Answerer confidence 5/5
Business current account


Explanation:
A "cuenta corriente" is a standard current account, wheras a "cuenta mercantil" is a mechant account or business account. Most merchant current accounts are called Business Current Accounts in the UK at least.

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Note added at 1 hr (2015-01-16 22:51:09 GMT)
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*(merchant not mechant!)

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Note added at 14 hrs (2015-01-17 11:27:45 GMT)
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Here is a link to the definition in Spanish if this helps:

http://www.enciclopedia-juridica.biz14.com/d/cuenta-corrient...


    Reference: http://www.co-operativebank.co.uk/corporate/daytoday/busines...
    Reference: http://www.santander.co.uk/uk/business/current-accounts
Helen Blair
United Kingdom
Local time: 07:20
Native speaker of: Native in EnglishEnglish
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1 day 4 hrs   confidence: Answerer confidence 5/5
Business checking account


Explanation:
Cuenta corriente = Checking account
mercantil+ Business

This is for LA.

Phoenix III
United States
Local time: 02:20
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 24
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