May 28, 2007 02:11
17 yrs ago
Italian term
vendite di protezione
Italian to English
Bus/Financial
Business/Commerce (general)
Falling under the "garanzie rilasciate e impegni" heading of a bank's financial statements:
Impegni sottostanti ai derivati su crediti:
vendite di protezione
TIA
Impegni sottostanti ai derivati su crediti:
vendite di protezione
TIA
Proposed translations
(English)
5 | protection sold | DCypher (X) |
4 | protection sales | James (Jim) Davis |
2 | Protective sales | Gad Kohenov |
Proposed translations
3 hrs
Selected
protection sold
Hedge funds comprise at least 20-30% of credit derivatives activity, and may account for much of the protection sold on below investment grade credits, according to the survey.
4 KudoZ points awarded for this answer.
Comment: "Yep, came across the same term in another of the bank's documents and this fits perfectly."
1 hr
protection sales
I'm not so sure on this one, mainly because it should be a commitment to buy (a liability) rather than to sell. It will be hedging against lenders defaulting Credit default swaps, probably.
8 hrs
Protective sales
Low as it is not my field. Has several google hits.
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