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German: Abrechnung für Kurssicherung

English translation: the hedge funds account







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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Abrechnung für Kurssicherung
English translation:the hedge funds account
Entered by:Nicholas Krivenko
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4:16am Nov 4, 2007Login or register (free) for more options.
German to English translations [PRO]
Bus/Financial - Accounting
German term or phrase: Abrechnung für Kurssicherung
Die sonstigen betrieblichen Erträge in Höhe von XXX € enthalten überwiegend Kursgewinne, die im Zusammenhang mit der Rohstoffbeschaffung entstanden sind, und Erträge aus der Abrechnung des Konsortiums für Kurssicherung.

TIA
Cristina Moldovan do Amaral
United States
Clarification request(s) and response
Nicholas Krivenko: 1:42pm Nov 7, 2007: Danke! Das hat mich ebenfalls auf die richtige Antwort gebracht, als ich anschließend eine italienische Bilanz übersetzte. Sich daran zu erinnern hat uns also beiden etwas genützt!

the hedge funds account
Explanation:
No research was done here at all, so I am not sure about the fund part of it. I know there is an organisation, a consortium of German banks that provides hedging services. Kurssicherung is hedging, so take it from here maybe. Unless you know that much yourself. :-))
Selected response from:

Nicholas Krivenko
Ireland
Note from asker to answerer
thank you!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1the hedge funds accountNicholas Krivenko
3Settlement for hedgingpunit226


  

Answers

34 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
the hedge funds account

Explanation:
No research was done here at all, so I am not sure about the fund part of it. I know there is an organisation, a consortium of German banks that provides hedging services. Kurssicherung is hedging, so take it from here maybe. Unless you know that much yourself. :-))

Nicholas Krivenko
Ireland
Works in field
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 12
Note from asker to answerer
thank you!

Peer comments on this answer (and responses from the answerer)
agree stanley lawson: "consortium's hedge fund" sound good
1 day7 hrs
  -> Thanks and you are right, it does sound good with the consortium added. It was left out of the actual question and this is why I omitted it as well. Thanks for your support once again!
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1 day2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Settlement for hedging

Explanation:
from the settlement of XYZ for exchange hedging/forward cover

punit226
India
Specializes in field
Native speaker of: Native in EnglishEnglish
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