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Se nedenfor

English translation: settle .... against ... as

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09:36 Apr 1, 2004
Danish to English translations [PRO]
Bus/Financial - Finance (general)
Danish term or phrase: Se nedenfor
Endnu en snørklet formulering:

Da GBP kunne stige yderligere, og da der var en betydelig ”cost of carry” blev det besluttet at lukke (tilbagekøbe) terminskontrakterne mod GBP vedr. børsnoterede aktiver, mens afdækningerne på både USD og JPY fastholdes.

Hvordan tolker I den del af sætningen, der lyder "lukke (tilbagekøbe) terminskontrakterne mod GBP vedr."? Det er "mod" og "vedr.", der volder mig problemer her...
Barbara Østergaard
Denmark
Local time: 04:21
English translation:settle .... against ... as
Explanation:
That's right, it seems ambiguous. Could it be that 'mod' is again meant in the accounting sense of balancing credits and debits?

You can't use 'close' for 'lukke' because of the double meaning as far as contracts would be meant. Can it be this is closing the accounts for a year? So they want to *settle* the 'terminkontrakterne' by buying them back. That is, for it to be correct, they would have bought them back and are now booking this against GBP ('mod') - and in that sense booking it 'as' or under 'børsnoterede aktiver'.

It's hard to figure this out without having the whole picture, but that's what it looks like to me.
Selected response from:

Joy Christensen
Local time: 04:21
Grading comment
Tusind tak for indsatsen. Jeg har henvendt mig til kunden, som har foretaget en komplet omformulering, da de godt kunne se, at der blev vrøvlet;-)
2 KudoZ points were awarded for this answer

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Summary of answers provided
3settle .... against ... asJoy Christensen


  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
lukke ... mod ... vedr.
settle .... against ... as


Explanation:
That's right, it seems ambiguous. Could it be that 'mod' is again meant in the accounting sense of balancing credits and debits?

You can't use 'close' for 'lukke' because of the double meaning as far as contracts would be meant. Can it be this is closing the accounts for a year? So they want to *settle* the 'terminkontrakterne' by buying them back. That is, for it to be correct, they would have bought them back and are now booking this against GBP ('mod') - and in that sense booking it 'as' or under 'børsnoterede aktiver'.

It's hard to figure this out without having the whole picture, but that's what it looks like to me.

Joy Christensen
Local time: 04:21
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 2
Grading comment
Tusind tak for indsatsen. Jeg har henvendt mig til kunden, som har foretaget en komplet omformulering, da de godt kunne se, at der blev vrøvlet;-)
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