net off

Spanish translation: para compensar y obtener...

17:40 Aug 7, 2006
English to Spanish translations [PRO]
Bus/Financial - Finance (general) / investments
English term or phrase: net off
for example the Fund may take collateral from counterparties with whom they have an OTC derivative position and use that collateral to ***net off*** against the exposure they have to the counterparty under that OTC derivative position, for the purposes of complying with counterparty spread limits

Esta vez sí es la última.....
¿Alguna sugerencia?
Gracias de nuevo ;o)
Alfonso Perpiña-Robert Navarro
Spain
Local time: 19:28
Spanish translation:para compensar y obtener...
Explanation:
Puede que la preposición 'off' tenga aquí un matiz parecido a compensar (como en set off against). Yo lo interpreto así:
y usar ese colateral ***para compensar y obtener un [beneficio] neto** ante la exposición (se refiere a la exposición por riesgo)
Selected response from:

smorales30
Local time: 19:28
Grading comment
Gràcies, Silvia!! ;o)
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1para compensar y obtener...
smorales30
3descontar contra
Armando Diaz


  

Answers


14 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
para compensar y obtener...


Explanation:
Puede que la preposición 'off' tenga aquí un matiz parecido a compensar (como en set off against). Yo lo interpreto así:
y usar ese colateral ***para compensar y obtener un [beneficio] neto** ante la exposición (se refiere a la exposición por riesgo)

smorales30
Local time: 19:28
Specializes in field
Native speaker of: Native in SpanishSpanish, Native in CatalanCatalan
PRO pts in category: 16
Grading comment
Gràcies, Silvia!! ;o)

Peer comments on this answer (and responses from the answerer)
agree  MikeGarcia
21 mins
  -> Gracias
Login to enter a peer comment (or grade)

1 day 2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
descontar contra


Explanation:
No es facil, yo lo interpreto, que el colateral es descontado contra la exposicion....

Buena suerte!

Armando Diaz
Local time: 11:28
Works in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 105
Login to enter a peer comment (or grade)



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.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search