GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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15:23 Oct 7, 2011 |
Spanish to English translations [PRO] Bus/Financial - Certificates, Diplomas, Licenses, CVs / details of candidate's management experience | |||||||
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| Selected response from: FVS (X) | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +2 | (subsidies and) grants |
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4 +1 | competitive funding |
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4 | scholarship funds |
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3 | bid funds |
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3 | contestable funds |
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3 -1 | bankruptcy reserve funds |
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Discussion entries: 2 | |
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bankruptcy reserve funds Explanation: The company must maintain a bankruptcy reserve fund, or insurance, to fund possible costs of a bankruptcy proceeding http://tiny.cc/785vg Fitch believes that a $100,000 bankruptcy reserve fund is sufficient to justify "AAA" ratings for securities backed by pools of first mortgage loans on primary residences http://www.thefreelibrary.com/CRAMDOWN RISK SMALL IN MORTGAG... Six racing horses boarded at a horse farm in Florida were to be sold with net proceeds after commissions and expenses to go towards the bankruptcy fund. As of the September disclosure, one of these transactions has been completed, with net proceeds of approximately $30,000 http://en.wikipedia.org/wiki/Michael_Vick |
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Notes to answerer
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bid funds Explanation: I think this would fit in the "subvenciones", i.e. funds used to prepare bids for subsidies. 'concurso' is often used to describe a competitive bidding process or tender. |
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competitive funding Explanation: It means funds made available on competitive basis. |
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