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sentence

Dutch translation: gesecuritiseerd

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19:48 Apr 21, 2008
English to Dutch translations [PRO]
Bus/Financial - Economics
English term or phrase: sentence
So here is a summary of the financial businesses in the first quarter. Our miss was in commercial finance. As XXX said, we had $270 million of negative marks and impairments versus our plan and they basically were in three categories. They were in public equities, they are in retained interest valuations from things that we have securitized where we still own the equity tranche and they are in warehouse marks. We also had lower gains than planned.

Wat ik niet goed begrijp is de zin die na "three categories" komt, met name "securitized".
Martijn Naarding
Spain
Local time: 11:28
Dutch translation:gesecuritiseerd
Explanation:
The company has issued securities against some of its assets ('things'), sold the securities to investors in tranches except for the equity tranche. The value of this 'retained interest' has fallen.

That's how I understand the relevant part of the sentence.

Selected response from:

CI95
Local time: 11:28
Grading comment
Exactly! Thanks a lot
3 KudoZ points were awarded for this answer

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Summary of answers provided
4gesecuritiseerdCI95


  

Answers


1 day2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
gesecuritiseerd


Explanation:
The company has issued securities against some of its assets ('things'), sold the securities to investors in tranches except for the equity tranche. The value of this 'retained interest' has fallen.

That's how I understand the relevant part of the sentence.



CI95
Local time: 11:28
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 3
Grading comment
Exactly! Thanks a lot
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