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|English to German translations [PRO]|
|English term or phrase: defeased debt|
|Context is cross border lease transaction,|
the sentence being:
The debt for the transaction will consist of 90% defeased debt and 10% non-defeased debt.
gebundene u. nicht gebundene Schulden
The setting aside by a borrower of cash or bonds sufficient to service the borrower's debt. Both the borrower's debt and the offsetting cash or bonds are removed from the balance sheet.
(see Yahoo!Financial Glossary - www.biz.yahoo.com/f/g/dd.html
to set aside
(com) beiseite legen, Reserven fpl bilden
(com) aufschieben (eg, plans)
(Re) annullieren, aufheben (eg, judgment; syn, rescind, quash)
to set aside an amount:
(com) Betrag m abzweigen (syn, earmark an amount)
an einen bestimmten Zweck binden
see above website
Schaefer Hyperbook Wirtschaftsenglisch
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