GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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07:22 Aug 8, 2001 |
French to English translations [PRO] Bus/Financial - Finance (general) / funds | |||||||
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| Selected response from: Marcus Malabad Canada | ||||||
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Summary of answers provided | ||||
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na | titres de créances négociables or negotiable debt securities |
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titres de créances négociables or negotiable debt securities Explanation: From first link: TCN Titres de créances négociables. Titres proposés par l'Etat (bons du Trésor), par les banques (certificats de dépôt), les entreprises (billet de trésorerie) ou diverses institutions financières spécialisées (BIFS). You should bookmark this French financial glossary! From second link: Bonds of various different varieties (e.g., they may be Eurobonds, domestic bonds, fixed interest / floating rate notes, etc.). Bonds are medium to long-term negotiable debt securities issued by governments, government agencies, federal bodies (states), supra-national organisations such as the World Bank, and companies. Negotiable means that they may be freely traded without reference to the issuer of the security. That they are debt securities means that in the event that the company goes bankrupt. bond-holders will be repaid their debt in full before the holders of unsecuritised debt get any of their principal back. Reference: http://www.aafin.com/bd/mdl0.htm Reference: http://invest-faq.com/cbc/deriv-basics.html |
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