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resolution trust

English translation: resolution trust *corporation* (RTC)

20:35 Jun 19, 2005
English language (monolingual) [PRO]
Bus/Financial - Finance (general) / ..have been hived off into a resolution trust...
English term or phrase: resolution trust
this term is in a translation test that deals with the banks that don't lend in central Europe
Carolina
Selected answer:resolution trust *corporation* (RTC)
Explanation:
RESOLUTION TRUST CORPORATION -- RTC
"The federal regulatory agency created to liquidate and sell savings and loans across the nation which are defunct as a result of poor lending practices, unstable markets, faulty appraisals and massive speculation within the real estate industry."
Selected response from:

Christian
Local time: 02:47
Grading comment
this answer didn't help me that much because I needed the spanish equivalente.thanks anyway
1 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
3resolution trust *corporation* (RTC)
Christian


  

Answers


42 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
resolution trust *corporation* (RTC)


Explanation:
RESOLUTION TRUST CORPORATION -- RTC
"The federal regulatory agency created to liquidate and sell savings and loans across the nation which are defunct as a result of poor lending practices, unstable markets, faulty appraisals and massive speculation within the real estate industry."



    Reference: http://www.fidelityhouston.com/Dictionary/dic_r.htm
Christian
Local time: 02:47
Native speaker of: Native in GermanGerman
PRO pts in category: 5
Grading comment
this answer didn't help me that much because I needed the spanish equivalente.thanks anyway
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