Glossary entry (derived from question below)
English term or phrase:
default (investment fund)
German translation:
Nichtleistung
Added to glossary by
Ralf Lemster
Apr 14, 2002 16:27
22 yrs ago
1 viewer *
English term
Germany
The language of financial markets
Native in: German
Works in: English to German, German, German to English, and 1 more.
default
English to German
Bus/Financial
Investment / Securities
EU fund regulation
Statement regarding the authorisation of a UCITS fund by the CBoI:
"The authorisation of the Funds by the Central Bank shall not constitute a warranty as to the performance of the Funds and the Central Bank shall not be liable for the performance or *default* of the Funds."
In this context, "Funds" denotes sub-funds established under an umbrella fund.
Note that I'm not looking for a literal translation of the word "default" - it's the cross-reference with an investment fund that bugs me: I wouldn't normally expect an investment fund to default?
"The authorisation of the Funds by the Central Bank shall not constitute a warranty as to the performance of the Funds and the Central Bank shall not be liable for the performance or *default* of the Funds."
In this context, "Funds" denotes sub-funds established under an umbrella fund.
Note that I'm not looking for a literal translation of the word "default" - it's the cross-reference with an investment fund that bugs me: I wouldn't normally expect an investment fund to default?
Proposed translations
(German)
| 4 +4 | Nichtleistung |
LegalTrans D
|
| 4 +1 | Zahlungsunfähigkeit |
Dr.G.MD (X)
|
| 4 -1 | Verschulden / Schlechterfüllung / Nichterfüllung der Verpflichtungen |
swisstell
|
Proposed translations
+4
14 mins
LegalTrans D
Türkiye
Türkiye
Native in German
Türkiye
Commitment makes the best translations
Native in: German 
Works in: English to German, Persian (Farsi) to German
Related KudoZ points
:
48
Selected
Nichtleistung
Soweit ich das verstanden habe, Ralf, übernimmt die Zentralbank keine Haftung für die Erbringung der (möglicher Weise versprochenen) Leistung des Fonds, noch für das Ausbleiben dieser Leistung, also für die Nichtleistung. Der Ausdruck "Nichtleistung" stammt aus einer Reihe von Suchergebnissen. Vielleicht gibt es da aber einen noch spezifischern Terminus technicus. "Nichterbringung der Leistung" wäre z.B. eine andere Möglichkeit. Es geht sicher noch eleganter.
Gegenfrage: Warum sollte ein Investment-Fond nicht in der Lage sein, eine (versprochene) Leistung nicht zu erbringen? Ich finde, es gibt doch zahlreiche Beispiele dafür.
Viel Glück!
Gegenfrage: Warum sollte ein Investment-Fond nicht in der Lage sein, eine (versprochene) Leistung nicht zu erbringen? Ich finde, es gibt doch zahlreiche Beispiele dafür.
Viel Glück!
4 KudoZ points awarded for this answer.
Comment: "Thanks to everyone for their contributions!
"Nichtleistung" gets closest to the context."
-1
8 mins
Verschulden / Schlechterfüllung / Nichterfüllung der Verpflichtungen
whether you would expect a fund to default or not is really of little consequence here: I think somebody is trying to cover his/her backside by covering all eventualities. Therefore, we are back to translating default.
Peer comment(s):
| disagree |
Petra Tabaczynska (X)
: default in this sence means Herkunt, as in the root of the funds
1 hr
|
|
disagree with your interpretation of Herkunft
|
+1
3 hrs
Zahlungsunfähigkeit
Ralf,
an investment fund can be held liable and has to mention the possibility of a default in its prospectus
an investment fund can be held liable and has to mention the possibility of a default in its prospectus
Peer comment(s):
| agree |
Steffen Pollex (X)
: I was up to "Bankrott", too which is basicly the same but "Zahlungsunfähigkeit" sounds better. I couldn't see what bugs you Ralf.
7 hrs
|
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