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Deckungsbestand

English translation: cover stock

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

German term or phrase:	Deckungsbestand
English translation:	cover stock
Entered by:	Ksenia Akulova

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18:55 Nov 2, 2009

German to English translations [PRO]
Bus/Financial - Investment / Securities

German term or phrase: Deckungsbestand

Lieferungen durch Übertragung von Miteigentumsanteilen am Sammelbestand der
Wertpapiersammelbank CBF sowie Lieferungen von bei ausländischen Lagerstellen verwahrten
Wertpapieren werden nur bei vorhandenem Deckungsbestand des betreffenden Kunden vorgenommen.

Ksenia Akulova KudoZ activity Questions: 57 (4 open) (3 without valid answers) Answers: 0 United States
Local time: 20:26

cover stock

Explanation:
From the same definition source Jon Reynolds has used. Just toggle between the German explanation of "covered warrants" and its English version, and you will see that "Deckungsbestand" matches "cover stock".

Selected response from:

translOKator
Germany

Grading comment

Thank you translOKator
4 KudoZ points were awarded for this answer

Summary of answers provided

cover stock

translOKator

covered warrants

Jon Reynolds

Answers

33 mins confidence:

covered warrants

Explanation:
To get things started.

Reference: http://209.85.229.132/search?q=cache:RQwEkE2uQ4UJ:www.db.com...

Jon Reynolds
United Kingdom
Local time: 03:26
Native speaker of:

English

1 hr confidence:

cover stock

Der Deckungsbestand nach den Anforderungen der Artikel 12-1 bis 12-9 des Gesetzes vom 5. April 1993 über den Finanzsektor setzt sich ausschließlich aus Werten zusammen, die gemäß Vertrag vom 7. Januar 2000 der Überwachung durch einen Treuhänder unte
The cover stock pursuant to the requirements of Articles 12-1 to 12-9 of the law dated April 5, 1993, concerning the financial sector is composed solely of assets which are subject to the supervision of a trustee pursuant to the agreement dated January 7,

Reference: http://www.eurohypo.lu/media/pdfs/ehtabellen/research/eh_lux...
Reference: http://www.db.com/lexikon/lexikon_de/content/index_e_1162.ht...

translOKator
Germany
Native speaker of: