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  3. Finance (general)

Unterlegung der Optionen

08:45 Aug 27, 2009
German to English translations [PRO]
Bus/Financial - Finance (general)
German term or phrase: Unterlegung der Optionen
The heading of a section in an option agreement:
"Unterlegung der Optionen: Die Optionen werden aus dem genehmigten Kapital der (Firma) unterlegt"
I couldn't really find any confirmation for "securitisation" or "underlying" - any finance experts out there who could help and provide references too? Thanks very much!!
Brainstorm
Austria
Local time: 15:19


Summary of answers provided
4 +1underlying of options
Hazel Underwood
4.. provides a security for the options / collateralizes the options
dkfmmuc
4funding
wfarkas (X)


  

Answers


35 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
underlying of options


Explanation:
This is the underlying as explained in the referenced financial glossary. Also applies to options. See references.


    Reference: http://www.trade4life.com/howitworks.html
    Reference: http://www.finanz-lexikon.de/unterlegung_2482.html
Hazel Underwood
United Kingdom
Local time: 14:19
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 21

Peer comments on this answer (and responses from the answerer)
agree  Derek Gill Franßen: :)
1 min
agree  babli: agree
6 hrs
disagree  dkfmmuc: Sorry to disagree. The term "underlying" is used for the share/stock which is the BASE for an option. If you have a CALL option on e.g. Siemens, Siemens would be the underlying. See answer which follows in some seconds.
7 hrs
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8 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
.. provides a security for the options / collateralizes the options


Explanation:
I am nearly completely sure that this term is the best solution. The term of the underlying is very often refered to as the base share/stock for which you'll get the right due to your buying of the option.
If you e.g. BUY a CALL Option e.g. for Deutsche Bank. You buy the right to pruchase the stocks from the issuer of the option. The value of the option and therefore the price is determined by the changes of the base value - the underlying, the time value and some kind of volatility.


dkfmmuc
Local time: 15:19
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 31
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17 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
funding


Explanation:
Funding (for the options) : Funding for the options will be sourced from…

wfarkas (X)
Canada
Local time: 09:19
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in FrenchFrench
PRO pts in category: 80
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