Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
02:13 Feb 17, 2005
English to German translations [PRO] Bus/Financial - Finance (general) / Schuldscheine
English term or phrase:waterfall
This is "waterfall" in a financial context:
"If Borrower provided security directly to the Lender, this would eliminate the role of 'Bank X' as Security Trustee and the issue of the priority of 'Bank X' in the waterfall on enforcement of the security."