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French: affectation en gage

English translation: pledging as collateral



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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:affectation en gage
English translation:pledging as collateral
Entered by:Stephanie Mitchel
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7:08pm May 14, 2003Login or register (free) for more options.
French to English translations [PRO]
Bus/Financial - Investment / Securities / investment banking
French term or phrase: affectation en gage
Context: refinancing a securities portfolio

Wording: "affectation en gage d'un nantissement d'actions PPR, intialement à hauteur du montant du crédit autorisé."
Stephanie Mitchel
United States
pledging as collateral
Explanation:
refs

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Note added at 2003-05-14 19:10:24 (GMT)
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The Time of the Conglomerates THE URGE TO MERGE HARVEY H. SEGAL / ...
... The higher the price of its common stock, the more it can borrow by pledging stock as collateral or the more it can raise by selling bonds that are convertible ...
www.mindfully.org/Industry/Conglomerates-Time.htm
Selected response from:

William Stein
United States
Note from asker to answerer
Thanks thanks!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4pledging as collateral
William Stein


  

Answers

0 min   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
pledging as collateral

Explanation:
refs

--------------------------------------------------
Note added at 2003-05-14 19:10:24 (GMT)
--------------------------------------------------

The Time of the Conglomerates THE URGE TO MERGE HARVEY H. SEGAL / ...
... The higher the price of its common stock, the more it can borrow by pledging stock as collateral or the more it can raise by selling bonds that are convertible ...
www.mindfully.org/Industry/Conglomerates-Time.htm

William Stein
United States
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 44
Note from asker to answerer
Thanks thanks!

Peer comments on this answer (and responses from the answerer)
agree Parrot: THIS one has redundancies
10 mins
  -> You don't like "pledging a pledge of collateral as collateral"?

agree Lorianne
2 hrs

agree Jane Lamb-Ruiz: or as collateral security
3 hrs

agree Sanaa Omrany
1 day20 hrs
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