Glossary entry (derived from question below)
Spanish term or phrase:
Ahorro y Fomento a la Construcción
English translation:
Special Savings Accounts for prospective homeowners
Added to glossary by
Aussaffer
Oct 7, 2015 08:06
8 yrs ago
35 viewers *
Spanish term
Ahorro y Fomento a la Construcción
Spanish to English
Bus/Financial
Finance (general)
Certificado de Ingresos y Retenciones, DIAN Dirección de Impuestos y Aduanas Nacionales (Colombia)
"Aportes voluntarios, a fondos de pensiones y cuentas de "Ahorro y Fomento a la Construcción (AFC)" figura en un "Certificado de Ingresos y Retenciones DIAN" de Colombia.
Muchas gracias de antemano.
Thank you in advance.
Muchas gracias de antemano.
Thank you in advance.
Proposed translations
(English)
| 4 | Special Savings Accounts for prospective homeowners |
neilmac
|
| 4 | Mortgage Savings Account |
Mary Gardner Hume
|
| 3 | savings (account) and housing and building savings (account) |
Ana Vozone
|
Proposed translations
5 mins
Selected
Special Savings Accounts for prospective homeowners
I'd probably leave it as it is, with an explanation.
"With the aim of promoting property purchasing in levels 4, 5 6, the government created the special AFC Construction Savings Accounts ( cuentas de Ahorro para el Fomento de la Construcción)"
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Note added at 6 mins (2015-10-07 08:12:21 GMT)
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NB: Other solutions are also possible.
"With the aim of promoting property purchasing in levels 4, 5 6, the government created the special AFC Construction Savings Accounts ( cuentas de Ahorro para el Fomento de la Construcción)"
--------------------------------------------------
Note added at 6 mins (2015-10-07 08:12:21 GMT)
--------------------------------------------------
NB: Other solutions are also possible.
4 KudoZ points awarded for this answer.
1 hr
Ana Vozone
Specializes in field
Will do!
Native in: Portuguese (Variant: European/Portugal) 
Works in: English to Portuguese, French to Portuguese, German to Portuguese, and 1 more.
Related KudoZ points
:
113
savings (account) and housing and building savings (account)
Suggestion.
2 hrs
Mary Gardner Hume
Argentina
Argentina
Native in English
Specializes in field
Argentina
30 years professional LATAM experience
Native in: English (Variants: Canadian, UK, US, British)
Works in: Spanish to English, Portuguese to English
Related KudoZ points
:
3
Mortgage Savings Account
According to the BanColombia rules for an AFC, the money may only be used as savings for a Mortgage for new or previously owned property. Funds may not be used for any other purpose, no other financial activity (debit card, credit card etc.) may be associated with the account.
Example sentence:
Voluntary contributions to pension funds and mortgage savings accounts (Ahorro y Fomento a la Construcción-AFC) are reflected in the....
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