09:23 Oct 6, 2005 |
English language (monolingual) [PRO] Law/Patents - Law (general) / litigation | |||||||
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| Selected response from: Derek Gill Franßen Germany Local time: 15:34 | ||||||
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SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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2 +6 | financing cost(s) |
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4 | "The holding of securities with borrowed interest" |
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Discussion entries: 2 | |
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"The holding of securities with borrowed interest" Explanation: Webster's Third New International Dictionary, unabridged |
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financing cost(s) Explanation: "carry n. (EN) Syn: carrying The cost of financing; general term used for both borrowing and lending. DE: Kapitalbeschaffungskosten . FR: frais de financement , frais financiers" (cf. http://tradition.axone.ch/ViewTerm.cfm?TID=67 ) "Net financing cost Also called the cost of carry or, simply carry, the difference between the cost of financing the purchase of an asset and the asset's cashyield. Positive carry means that the yield earned is greater than the financing cost; negative carry means that the financing cost exceeds the yield earned." (cf. http://www.bloomberg.com/analysis/glossary/bfglosn.htm#net_f... ). :-) -------------------------------------------------- Note added at 1 hr 54 mins (2005-10-06 11:18:16 GMT) -------------------------------------------------- I still think this is the correct answer in this particular context, but the word "carry" is also used a bit differently in some contexts (see my suggestion here: http://www.proz.com/kudoz/1153658 AND search for "fees and carry" here: http://www.yaleinsider.org/article.jsp?id=26 ). :-) |
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