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SSD

English translation: loan against borrower's note

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:SSD (Schuldscheindarlehen)
English translation:loan against borrower's note
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12:23 May 23, 2003
German to English translations [PRO]
Bus/Financial / IAS accounting standards
German term or phrase: SSD
Embedded Derivatives
Das Grundgeschäft eines strukturierten passiven SSDs ist nach der Splittung at cost als Verbindlichkeit zu bewerten?
lorna
schuldscheindarlehen
Explanation:
Zahn says: "loan against borrower's note, borrower's note loan []Medium or long-term loan granted against a note issued by the borrower. These notes are not securities like bonds but undertakings to make interest and principal repayments on specified dates. They can be sold to third parties by written assignments."

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Note added at 2003-05-23 12:37:35 (GMT)
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Okay: Schuldscheindarlehen - happy now Steffen et al?
Selected response from:

Alison Schwitzgebel
France
Local time: 21:31
Grading comment
Many thanks!
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +3schuldscheindarlehen
Alison Schwitzgebel


  

Answers


1 min   confidence: Answerer confidence 5/5 peer agreement (net): +3
schuldscheindarlehen


Explanation:
Zahn says: "loan against borrower's note, borrower's note loan []Medium or long-term loan granted against a note issued by the borrower. These notes are not securities like bonds but undertakings to make interest and principal repayments on specified dates. They can be sold to third parties by written assignments."

--------------------------------------------------
Note added at 2003-05-23 12:37:35 (GMT)
--------------------------------------------------

Okay: Schuldscheindarlehen - happy now Steffen et al?

Alison Schwitzgebel
France
Local time: 21:31
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in pair: 3409
Grading comment
Many thanks!

Peer comments on this answer (and responses from the answerer)
agree  Beatrice T: also in SAP glossary
9 mins

agree  Steffen Walter: where's the capital S gone ;-??
10 mins
  -> I'm reinventing the german language..... Just you wait it'll catch on in a while ;-)

agree  Rod Darby: (my god, where does Lorna get this gobbledegook from?)
12 mins
  -> whaddayamean gobbledegook? It's what I translate every day!!!
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