Feb 27 20:23
2 mos ago
38 viewers *
Spanish term
jineteo
Spanish to English
Bus/Financial
Finance (general)
informe financiero
Omitir arqueos de las cajas regionales de la entidad sorpresivos, puede ocasionar jineteo y utilización no adecuada del efectivo.
Proposed translations
(English)
4 +2 | misappropriation | philgoddard |
3 +1 | kiting | Steven Huddleston |
4 | cash skimming | Adrian MM. |
2 | lapping | Ana Vozone |
Proposed translations
+2
9 hrs
Selected
misappropriation
According to my dictionary reference, this is a Mexican term. I feel the previous three answers are overtranslations, specific forms of misappropriation.
http://www.collinsdictionary.com/us/dictionary/spanish-engli...
--------------------------------------------------
Note added at 9 hrs (2024-02-28 06:17:44 GMT)
--------------------------------------------------
Or theft, or embezzlement.
http://www.collinsdictionary.com/us/dictionary/spanish-engli...
--------------------------------------------------
Note added at 9 hrs (2024-02-28 06:17:44 GMT)
--------------------------------------------------
Or theft, or embezzlement.
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
+1
26 mins
kiting
The fraudulent practice of delaying transactions to temporarily misuse the funds for purposes other than those for which the money was intended, usually for profit.
Note from asker:
thank you so much Steven, |
Peer comment(s):
agree |
patinba
14 mins
|
Thank you, Patinba!
|
|
neutral |
philgoddard
: I don't see how you arrive at this, and you haven't given any Spanish references. Doesn't it mean either mismanagement or embezzlement?
34 mins
|
No, because in both cases, the money is not returned, ergo, it is misappropriated. In kiting, the profits are embezzled, but the seed funds are returned.
|
|
neutral |
AllegroTrans
: I cannot see how we have sufficient context for you to arrive at this. We need more text from the Asker
1 hr
|
Who is "we?" If you have questions for the asker, ask them. The context was enough for me. Your own limitations are your concern. 😁
|
2 hrs
lapping
What is lapping in banking?
A lapping scheme is a form of accounting fraud whereby stolen or misappropriated cash is obscured by an employee who altes the accounts receivable. A forensic accounting audit of cash receipts can be undertaken to reveal a lapping scheme, which may show increased age of accounts receivables.
A lapping scheme is a fraudulent accounting practice that hides stolen cash by overlapping successive receivables.”
https://www.google.com/search?q=lapping finance meaning&sca_...
A lapping scheme is a form of accounting fraud whereby stolen or misappropriated cash is obscured by an employee who altes the accounts receivable. A forensic accounting audit of cash receipts can be undertaken to reveal a lapping scheme, which may show increased age of accounts receivables.
A lapping scheme is a fraudulent accounting practice that hides stolen cash by overlapping successive receivables.”
https://www.google.com/search?q=lapping finance meaning&sca_...
Reference:
Peer comment(s):
neutral |
AllegroTrans
: I cannot see how we have sufficient context for you to arrive at this. We need more text from the Asker
40 mins
|
4 hrs
Spanish term (edited):
jineteo del efectivo
cash skimming
Has a Cuban jinetero/a feel about it.
Kiting: I doubt there is ANY 'kiting' of checks / cheques involved and 'lapping' is reminiscent of the Barristers' forensic accounting course enigma of 'teeming and lading' but does not seem to fit this scenario:
'Teeming and lading is a bookkeeping fraud also known as short banking, delayed accounting, and *lapping*. It involves the *allocation of one customer's payment to another customer's account* to make the books balance, often to hide a shortfall or theft.'
Omitir arqueos de las cajas regionales puede ocasionar jineteo ... del efectivo// cash vs. credit card skimming: misappropriation before the assets are recorded in the books/records of an entity.
Kiting: I doubt there is ANY 'kiting' of checks / cheques involved and 'lapping' is reminiscent of the Barristers' forensic accounting course enigma of 'teeming and lading' but does not seem to fit this scenario:
'Teeming and lading is a bookkeeping fraud also known as short banking, delayed accounting, and *lapping*. It involves the *allocation of one customer's payment to another customer's account* to make the books balance, often to hide a shortfall or theft.'
Omitir arqueos de las cajas regionales puede ocasionar jineteo ... del efectivo// cash vs. credit card skimming: misappropriation before the assets are recorded in the books/records of an entity.
Example sentence:
A lapping scheme is a fraudulent practice that hides or obscures missing or stolen cash using the accounts receivable.
Cash skimming, or simply skimming, is the removal of cash before it is deposited and logged. Skimming is a difficult scheme to detect because the cash from sales or other receivables is stolen before its receipt is recorded in the financial system.
Discussion