high watermark

Hungarian translation: csúcsérték

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:high watermark
Hungarian translation:csúcsérték
Entered by: Andrea Garamvölgyi

08:19 Dec 7, 2007
English to Hungarian translations [PRO]
Bus/Financial - Finance (general) / befektetés
English term or phrase: high watermark
This concept is important for the calculation of hedge fund performance fees. It refers to the preceding highest cumulative total return. Hedge fund performance fees are normally payable only if cumulative performance exceeds the preceding "high watermark".
Andrea Garamvölgyi
Hungary
Local time: 11:46
csúcsérték
Explanation:
Én ezt egyszerűen így fordítanám (v. teljesítménycsúcs), még nem hallottam rá külön kifejezést, persze attól még lehet, hogy van...

The highest peak in value that an investment fund/account has reached. This term is often used in the context of fund manager compensation, which is performance based.
http://www.investopedia.com/terms/h/highwatermark.asp
Selected response from:

Andrea Szabados
Local time: 11:46
Grading comment
Köszönöm a sok segítséget!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +3csúcsérték
Andrea Szabados


  

Answers


48 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +3
csúcsérték


Explanation:
Én ezt egyszerűen így fordítanám (v. teljesítménycsúcs), még nem hallottam rá külön kifejezést, persze attól még lehet, hogy van...

The highest peak in value that an investment fund/account has reached. This term is often used in the context of fund manager compensation, which is performance based.
http://www.investopedia.com/terms/h/highwatermark.asp


Andrea Szabados
Local time: 11:46
Specializes in field
Native speaker of: Hungarian
PRO pts in category: 24
Grading comment
Köszönöm a sok segítséget!

Peer comments on this answer (and responses from the answerer)
agree  zsuzsa369 (X): Gondolom a kifejezés onnan ered, hogy árvíz során a legmagasabb vízállásnál "vízjel" keletkezik pl. az épületek falain, ami az elért vízszintet jelzi.
24 mins

agree  Katalin Horváth McClure
4 hrs

agree  Andras Malatinszky
19 hrs
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