01:08 Oct 18, 2000 |
French to English translations [PRO] Bus/Financial | |||||||
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| Selected response from: Gillian Hargreaves (X) Local time: 08:36 | ||||||
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Summary of answers provided | ||||
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na | bullet loan |
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na | bullet loan |
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bullet loan Explanation: ... just possibly, based on various terms in Eurodicautom, e.g.: remboursement in fine = bullet (defined by Valente as "Remboursement d'un emprunt obligataire ou d'un crédit en un seul versement à son échéance") échéance in fine = bullet maturity emprunt remboursable en une seule fois / emprunt remboursable in fine = bullet issue but also appears in the following contexts: taux de rendement in fine = bond-equivalent yield / equivalent bond yield taux agio in fine / taux de rendement in fine = equivalent simple interest yield / coupon equivalent yield / interest-bearing basis rate Reference: http://eurodic.ip.lu/cgi-bin/edicbin/EuroDicWWW.pl Michel Valente: Dictionnaire �conomie - Finance - Banque - Comptabilit�; pub. Dalloz |
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bullet loan Explanation: For "prêt in fine" : EuroDicAutom uses "bullet" for "in fine". "Bullet loan" confirmed by the dico I refer to below as ' a loan in which all ealry payments are of interest only, the final payment (bullet) includes the prinicpal. (Sounds like one of those terrible mortgages gone mad!). [Otherwise, a "bullet" is a security that pays aguaranteed fiwed interest at a specific date. The two are obviouslyt linked.] For "loan amorization" see : - www.loanvalue.com - www.mikesart.com/links/database/amort.htm An "amortizing loan" is one where you pay off the debt with payments over a period of time. (In respect of a mortgage for example, it is one where principal & interest are repaid usually by equal payments, by the end of the mortgage term. Whilst equal, the early payments usually consist of interest, later ones covering the principal - Int Dic of Insurance & Finance, Chtd Instit of Bankers). webrefs & dicrefs in body of answer |
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