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terminwert/ termindevise

English translation: forward value/ forward foreign exchange contract

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Terminwert/ Termindevisen
English translation:forward value/ forward foreign exchange contract
Entered by: Ralf Lemster
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20:01 May 22, 2003
German to English translations [Non-PRO]
Bus/Financial - Investment / Securities
German term or phrase: terminwert/ termindevise
Der Fair Value entspricht dem clean price
Der Fair Value kann auch ein Terminwert sein (bspw. bei Termindevisen)
lorna
forward value / forward foreign exchange contract
Explanation:
What puzzles me here is that "clean price" is fixed-income terminology (the "clean price" of a bond is the price without accrued interest), whilst the example refers to forward FX contracts. Somewhat inconsistent, I would say...
Selected response from:

Ralf Lemster
Germany
Local time: 12:12
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
5forward value / forward foreign exchange contract
Ralf Lemster


  

Answers


7 mins   confidence: Answerer confidence 5/5
forward value / forward foreign exchange contract


Explanation:
What puzzles me here is that "clean price" is fixed-income terminology (the "clean price" of a bond is the price without accrued interest), whilst the example refers to forward FX contracts. Somewhat inconsistent, I would say...

Ralf Lemster
Germany
Local time: 12:12
Specializes in field
Native speaker of: German
PRO pts in category: 419
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Voters for reclassification
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PRO (1): Steffen Walter


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Changes made by editors
Jan 9, 2011 - Changes made by Steffen Walter:
Field (specific)(none) » Investment / Securities


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