Glossary entry (derived from question below)
Italian term or phrase:
In tal caso la maggiorazione assorbe gli interessi di mora maturati nel medesimo
English translation:
In this case the increase will absorb/incorporate/include overdue interests/late payment interests
Added to glossary by
Angela Guisci
Nov 10, 2017 16:18
6 yrs ago
6 viewers *
Italian term
In tal caso la maggiorazione assorbe gli interessi di mora maturati nel medesimo
Italian to English
Law/Patents
Insurance
This is part of Art. 27 of Law No 689 of 24 Nov 1989. http://www.ilsole24ore.com/art/SoleOnLine4/Speciali/2005/Doc...
I have considered 2 possible translations, although am by no means certain of either:
1. In this case, late payment interest accumulated during this period will also be increased by one tenth.
2. In this case, the increase of one tenth will be instead of the late payment interest.
I have considered 2 possible translations, although am by no means certain of either:
1. In this case, late payment interest accumulated during this period will also be increased by one tenth.
2. In this case, the increase of one tenth will be instead of the late payment interest.
Change log
Nov 15, 2017 15:08: Angela Guisci Created KOG entry
Proposed translations
+2
41 mins
Angela Guisci
Italy
Italy
Native in Italian
Italy
CERTIFIED SWORN TRANSLATOR
Native in: Italian
Works in: French to Italian, English to Italian, Italian to English, and 1 more.
Related KudoZ points
:
2
Selected
In this case the increase will absorb/incorporate/include overdue interests/late payment interests
I asked a friend of mine who is accountant...
Peer comment(s):
| agree |
Linda Thody
16 hrs
|
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thanks Linda x
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| agree |
Sandy Carpenter
: Except it should be interest not interests
1 day 18 hrs
|
2 KudoZ points awarded for this answer.
Comment: "Thanks for your answers, however it is the meaning that is very unclear actually. i.e. what it means by 'absorbs?"
27 mins
Alison Kennedy
Italy
Italy
Native in English
Specializes in field
Italy
Responsive. Resourceful. Results.
Native in: English (Variant: US) 
Works in: Italian to English, German to English
Related KudoZ points
:
93
In this/said case, the increase shall be absorbed/incorporated in/into defaut interest accruing ...
... the same (over the same period??). Where do you get one tenth from and the same period???? Are you reading smething I'm not?
Alison
Alison
Note from asker:
| http://portale.provincia.ms.it/allegato.asp?ID=276475 sorry, this is the correct link to the article |
Peer comment(s):
| neutral |
philgoddard
: No, it's the other way around. The increase (whatever that may mean) is absorbing the interest.
6 mins
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Reference comments
41 mins
Reference:
Don't know if it's any use, but point 4 of article 15 (page 14) of the IVASS document linked to below contains a translation of your sentence.
Discussion