IB/UB

English translation: Opening balance / Closing balance

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:IB/UB (inngående/utgående balanse)
English translation:Opening balance / Closing balance
Entered by: Nikolaj Widenmann

20:05 Mar 23, 2009
Norwegian to English translations [PRO]
Bus/Financial - Economics / Related to loan collections
Norwegian term or phrase: IB/UB
I am not sure what IB and UB would refer to. It is in a list of different charges to a loan account and appears between a date and a figure as follows:

**IB ny sats
** UB gml sats
Nikolaj Widenmann
United States
Local time: 19:08
Opening balance / Closing balance
Explanation:
Inngående balanse / Utgående balanse

--------------------------------------------------
Note added at 2 hrs (2009-03-23 22:22:40 GMT)
--------------------------------------------------

ny sats - new rate
gml sats - old rate
Selected response from:

Magnus Ølmheim
Italy
Local time: 02:08
Grading comment
Thank you, that makes a lot of sense. Of course, the ny/gml sats was not that great of a mystery, but it never hurts to clarify.
4 KudoZ points were awarded for this answer



Summary of answers provided
3Opening balance / Closing balance
Magnus Ølmheim


  

Answers


2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Opening balance / Closing balance


Explanation:
Inngående balanse / Utgående balanse

--------------------------------------------------
Note added at 2 hrs (2009-03-23 22:22:40 GMT)
--------------------------------------------------

ny sats - new rate
gml sats - old rate


Magnus Ølmheim
Italy
Local time: 02:08
Native speaker of: Native in NorwegianNorwegian
PRO pts in category: 4
Grading comment
Thank you, that makes a lot of sense. Of course, the ny/gml sats was not that great of a mystery, but it never hurts to clarify.
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search