First Loss Participation

Arabic translation: المشاركة عند الخسارة الأولى

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	First Loss Participation
Arabic translation:	المشاركة عند الخسارة الأولى
Entered by:	ALMERCANA

17:23 Jun 3, 2008

English to Arabic translations [PRO]
Bus/Financial - Finance (general)

English term or phrase: First Loss Participation

This foundation, as the first loss participant, will deposit funds into a restricted use bank account, the First Loss Participation Account ("FLPA").

ALMERCANA KudoZ activity Questions: 135 (6 open) (1 without valid answers) (18 closed without grading) Answers: 379 Morocco
Local time: 04:10

المشاركة (الشريك) في الخسارة الأولى

Explanation:

Selected response from:

Doaa El Seify
Canada
Local time: 21:10

Grading comment

Thank you Doaa! Thank you everybody!
4 KudoZ points were awarded for this answer

Summary of answers provided

4 +3

المشاركة (الشريك) في الخسارة الأولى

Doaa El Seify

الخسارة الاولى للمشاركة

Michael Tharwat

3 +2

مشاركة من الدرجة الأولى في الخسارة

Nadia Ayoub

الشريك الأول باقتسام الخسارة

Moodi

Answers

21 mins confidence:

first loss participation الخسارة الاولى للمشاركة

Explanation:
الخسارة الاولى للمشاركة

Michael Tharwat
Local time: 06:10
Native speaker of:

Arabic

58 mins confidence:

first loss participation الشريك الأول باقتسام الخسارة

Explanation:
First Loss Participation Account
حساب أولوية المشاركة في اقتسام الخسارة

اظن أن هذا الحساب يبادر إلى اقتسام الخسارة مع الطرف الذي يتكبدها وذلك بموجب اتفاق أو ترتيب لا أعرف مدى تطبيقه
ولكن أظنه مثل الصناديق التي بدأت بعض الدول تؤسسها لمساعدة الدول الأخرى في خسارتها من جراء زيادة أسعار المواد الغذائية أو النفط

Moodi
Local time: 06:10
Native speaker of:

Arabic
PRO pts in category: 120

1 hr confidence:

peer agreement (net): +3

first loss participation

المشاركة (الشريك) في الخسارة الأولى

Explanation:

Doaa El Seify
Canada
Local time: 21:10
Native speaker of: Arabic
PRO pts in category: 4

Grading comment

Thank you Doaa! Thank you everybody!

2 hrs confidence:

peer agreement (net): +2

first loss participation مشاركة من الدرجة الأولى في الخسارة

Language variant: شريك من الدرجة الأولى في حساب تأمين القرض

Explanation:
This has to do with loans insurance. I translated the meaning I got from reading some of the texts where the term was used. However, there is certainly an established Arabic term that I am unaware of. Read yourself the texts in the links below.
"to possibly back an aggregate $750 million of a $3.5 billion secured credit facility GMAC is negotiating with ResCap.
GM's and Cerberus's possible first-loss participation in the facility would be split along ownership lines".

Example sentence(s):

Khan assumes part of the credit risk, a First Loss Participation of the mortgage pool, and transfers the rest to the insurance provider or Second Loss Participation, p.4

Reference: http://209.85.135.104/search?q=cache:wH8_uW1Hg94J:www.eprc-c...
Reference: http://www.smartmoney.com/news/ON/index.cfm?story=ON-2008051...

Nadia Ayoub
Egypt
Local time: 06:10
Native speaker of: Arabic
PRO pts in category: 265

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First Loss Participation

Arabic translation: المشاركة عند الخسارة الأولى

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Arabic translation: المشاركة عند الخسارة الأولى

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