Loss and Second Method

Spanish translation: método de pérdidas y segundo método

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Loss and Second Method
Spanish translation:método de pérdidas y segundo método
Entered by: Daniel Grau

16:52 Jan 16, 2008
English to Spanish translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: Loss and Second Method
Until XXX and Counterparty execute and deliver the Agreement, this Confirmation shall supplement, form a part of, and be subject to an agreement (which shall survive the termination of this Transaction) in the form of the ISDA Form as if XXX and Counterparty had executed an agreement in such form effective as of the Trade Date (but without any Schedule except for (i) the election of ***Loss and Second Method***, English Law as the governing law and Euro ("EUR") as the Termination Currency, (ii) the election that subparagraph (ii) of Section 2(c) will not apply to the Transaction, and (iii) the replacement of the word "third" in the last line of Section 5(a)(i) with the word "first"). For the purposes of the Equity Definitions this Transaction shall constitute a Share Option Transaction
César Cornejo Fuster
Local time: 22:29
método de pérdidas y segundo método
Explanation:
Para contexto, aquí tienes unas páginas donde mencionan bastante asiduamente estos términos: http://www.secinfo.com/drjtj.v3Nc.c.htm, http://www.mallesons.com/publications/Financial_Services_Law... .

Además, en http://images.jw.com/com/publications/205.pdf tienes las definiciones:

The loss method measures the damages incurred by the non-defaulting party by calculating the non-defaulting party’s total losses or gains and costs resulting from the early termination and liquidation, including any loss of bargain, cost of funding, and costs of terminating or reestablishing any hedge.

After the transactions under a master agreement are liquidated into a single amount owed by one party to the
other, the payment of this amount is governed by whether payments are "one-way" or "two-way". Also referred to in the ISDA as First Method and Second Method.

Por lo tanto, los traduciría literalmente. Y si no, ¡con las definiciones anteriores tienes para entretenerte!

Daniel
Selected response from:

Daniel Grau
Argentina
Grading comment
Gracias Daniel.
4 KudoZ points were awarded for this answer



Summary of answers provided
3método de pérdidas y segundo método
Daniel Grau


  

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3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
loss and second method
método de pérdidas y segundo método


Explanation:
Para contexto, aquí tienes unas páginas donde mencionan bastante asiduamente estos términos: http://www.secinfo.com/drjtj.v3Nc.c.htm, http://www.mallesons.com/publications/Financial_Services_Law... .

Además, en http://images.jw.com/com/publications/205.pdf tienes las definiciones:

The loss method measures the damages incurred by the non-defaulting party by calculating the non-defaulting party’s total losses or gains and costs resulting from the early termination and liquidation, including any loss of bargain, cost of funding, and costs of terminating or reestablishing any hedge.

After the transactions under a master agreement are liquidated into a single amount owed by one party to the
other, the payment of this amount is governed by whether payments are "one-way" or "two-way". Also referred to in the ISDA as First Method and Second Method.

Por lo tanto, los traduciría literalmente. Y si no, ¡con las definiciones anteriores tienes para entretenerte!

Daniel

Daniel Grau
Argentina
Native speaker of: Native in SpanishSpanish
PRO pts in category: 54
Grading comment
Gracias Daniel.
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