Login or register (free and only takes a few minutes) to participate in this question.You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
German to English translations [PRO]
Bus/Financial - Investment / Securities | | German term or phrase: Nachschaffung | Hi,
I have never come across the term 'Nachschaffung' before and can't find it in any dictionaries. Here's the sentence:
Der Darlehensnehmer ist verpflichtet, innerhalb von 14 Tagen nach Aufforderung durch die Bank das Deckungsverhältnis durch Darlehensrückführung oder durch Nachschaffung von Wertpapieren wiederherzustellen.
I'd be grateful for any help.
Thanks!
Liz |
| | | replenishment | Explanation:
short for Nachbeschaffung:
--------------------------------------------------
Note added at 1 hr (2010-08-18 15:01:06 GMT)
--------------------------------------------------
or: replacement / replacement purchase
https://findok.bmf.gv.at/findok/link?gz="07 2501/4-IV/7/01"&...
Die Nachbeschaffung von Genussscheinen und jungen Aktien muss nicht bei der bisherigen Depotbank erfolgen. Werden die Wertpapiere bei einer anderen Bank nachbeschafft, so unterbleibt die Nachversteuerung, wenn die unter Rz 624 dargestellten Voraussetzungen vorliegen.
http://www.fsp-beratung.at/content/inhalte/services/fuer_ver...
Es kann jedoch im Jahr des Ausscheidens ein begünstigtes Wirtschaftsgut nachbeschafft werden (Ersatzbeschaffungswirtschaftsgut). Dadurch kann eine Nachversteuerung vermieden werden.
--------------------------------------------------
Note added at 1 hr (2010-08-18 15:07:35 GMT)
--------------------------------------------------
http://tinyurl.com/2e28453
Ersatzbeschaffung / repurchase
--------------------------------------------------
Note added at 1 day10 hrs (2010-08-19 23:54:17 GMT)
--------------------------------------------------
add-on:
replenishment is a basic term.
In your case, I opt for replacement purchase (re-purchase) or buying/acquiring replacement securities
Judging from your text, I believe that the "Deckungsverhältnis" is no longer there because certain securities (that were used as collateral) were sold. Hence, they must be replaced with new ones (replacement purchase).
example in English:
http://www.assetprotectionbook.com/a2_asset_protection_entit...
An exempt loan may provide the lender with a right to repayment from three sources:
employer contributions (other than employer securities) made to enable the plan to meet its loan obligations;
earnings on such contributions; and
earnings on any employer securities pledged as collateral for the loan. .....
......The period during which the taxpayer may buy replacement securities begins three months before the sale to the ESOP and ends 12 months after the sale. A taxpayer who acquires permissible replacement securities during the replacement period does not have to pay tax on any gain on the sale of the employer securities to the ESOP until he or she disposes of the replacement securities. |
| Selected response from:
Bernhard Sulzer
United States
Local time: 04:40
| Grading comment | 4 KudoZ points were awarded for this answer |
| |
| Discussion entries: 0 |
|---|
Automatic update in 00:
|
23 hrs confidence:  
Return to KudoZ list
|
| | | | X Sign in to your ProZ.com account... | | | | |
| KudoZ™ translation helpThe KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases. See also: Search millions of term translations  |
The translation workplace 
