This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. Portuguese to English
  3. Finance (general)

RESG OPER COMPROMISSADA [Resgate da operação compromissada]

English translation: redemption of repurchase commitment

06:06 Jun 7, 2017
Portuguese to English translations [PRO]
Bus/Financial - Finance (general) / Checking Account Statement
Portuguese term or phrase: RESG OPER COMPROMISSADA [Resgate da operação compromissada]
This is an entry in a checking account statement. I know there is a kudos question on this term, but there is no proper answer. The amount attributed to the entry is positive (which I think would be the case for a redemption (resgate)), so my thought is to render as "REDEMPTION FROM COMMITTMENT TRANSACTIONS"
Seth Phillips
United States
Local time: 11:52
English translation:redemption of repurchase commitment
Explanation:
The link below explains "operações compromissadas". The investor (the account holder in this case) buys certain securities and the seller has a commitment to repurchase them on a fixed date, with remuneration. It's just a question of the best way to express this in English!
Selected response from:

Martin Riordan
Brazil
Local time: 12:52
Grading comment
Thanks Martin!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1redemption of repurchase commitment
Martin Riordan
3buyback transaction / repo operation / repurchase
Mario Freitas


Discussion entries: 3





  

Answers


2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
buyback transaction / repo operation / repurchase


Explanation:
I'm not sure of weither of these, as the references are few.
http://www.linguee.com/portuguese-english/translation/operaç...

Mario Freitas
Brazil
Local time: 12:52
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 355
Login to enter a peer comment (or grade)

4 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
redemption of repurchase commitment


Explanation:
The link below explains "operações compromissadas". The investor (the account holder in this case) buys certain securities and the seller has a commitment to repurchase them on a fixed date, with remuneration. It's just a question of the best way to express this in English!

Example sentence(s):
  • Ou seja, as operações compromissadas são realizadas com um compromisso duplo: a compra com compromisso de revenda e a venda com compromisso de recompra.

    https://queroficarrico.com/blog/2011/11/23/o-que-sao-operacoes-compromissadas/
Martin Riordan
Brazil
Local time: 12:52
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 182
Grading comment
Thanks Martin!

Peer comments on this answer (and responses from the answerer)
agree  Thaise Poerschke Freitas: I believe the actual term is "Repurchase Agreement", as per this link (and others): https://www.investopedia.com/terms/t/term-repurchase-agreeme...
1246 days
  -> Thanks Thaise! Your "agree" appeared today for me.
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:
ProZ.com term search
Search millions of term translations
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search