accomodante (in context) - lenient/relaxed ( translation glossary) Economics,Bus/Financial

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Italian term or phrase:	accomodante (in context)
English translation:	lenient/relaxed
Entered by:	Federica Masante

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9:48am Jul 18, 2005

Italian to English translations [PRO]
Bus/Financial - Economics

Italian term or phrase: accomodante (in context)

La gestione del rischio tasso (la duration del portafoglio si è attestata attorno ai 3 mesi per tutto il semestre), è stata in linea con le nostre attese di tassi ufficiali invariati, sebbene negli ultimi mesi i mercati hanno scontato interventi di politica monetaria accomodante da parte della Banca Centrale Europea già nel corso del 2005.

Federica Masante

KudoZ activity
Questions: 497 (6 open)
Answers: 476

Italy

Clarification request(s) and response

Federica Masante (asker): 9:48am Jul 18, 2005: I'm also having doubts about the meaning of "hanno scontato" -
Federica Masante (asker): 9:49am Jul 18, 2005: could this be they "have expected or predicted"? -
Daniela Zambrini: 10:19am Jul 18, 2005: hanno scontato in this case means that they have suffered from the results of the policy :-) -
Leonardo Marcello Pignataro: 10:23am Jul 18, 2005: It means "They paid for too an accomplicing policy". -
Kieran McCann: 10:44am Jul 18, 2005: 'nel corso del 2005' shows that this is an anticipated event in the future, not something whose effects have been felt in the past -
Kieran McCann: 11:43am Jul 18, 2005: for the record, there have not been any 'interventi' by the ECB for the past two years: http://www.mabico.com/en/news/20050602/european_community/ar... -

v.s.

Explanation:
"Although already in 2005 they have suffered the consequences of (they had to pay for the effects of) a too much consenting /complying (accompice) monetary policy"

For Kieran: apart from the differrent meaning of "scontare" in this context(to pay for, to bear the consequences), I think you missed out the "sebbene" (althoough), the past "hanno scontato" and the "già", all of which refers to a past, a close one though!

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Note added at 1 hr 59 mins (2005-07-18 11:48:01 GMT)
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I think the problem is in teh understanding of the word \"accomodante\" which in Italian has a negative/derogative meaning. It is not \"favoureable\".

Selected response from:

Leonardo Marcello Pignataro
Italy

Note from asker to answerer

Thanks Leonardo! I went with suffered from the results of...in the end. Good suggestion. And thanks to both Jean and Kieran for their excellent input!
4 KudoZ points were awarded for this answer

Summary of answers provided

5 +4

v.s.

Leonardo Marcello Pignataro

5 +3

favourable

Jean Martin

Answers

15 mins confidence:

peer agreement (net): +3

favourable

Explanation:
the markets have discounted (this is the normal term) the prospects of the European Central Bank intervening with a favourable monetary policy in 2005

Jean Martin
United Kingdom
Works in field
Native speaker of:

English
PRO pts in category: 53

1 hr confidence:

peer agreement (net): +4

v.s.

Explanation:
"Although already in 2005 they have suffered the consequences of (they had to pay for the effects of) a too much consenting /complying (accompice) monetary policy"

For Kieran: apart from the differrent meaning of "scontare" in this context(to pay for, to bear the consequences), I think you missed out the "sebbene" (althoough), the past "hanno scontato" and the "già", all of which refers to a past, a close one though!

--------------------------------------------------
Note added at 1 hr 59 mins (2005-07-18 11:48:01 GMT)
--------------------------------------------------

I think the problem is in teh understanding of the word \"accomodante\" which in Italian has a negative/derogative meaning. It is not \"favoureable\".

Leonardo Marcello Pignataro
Italy
Native speaker of:

Italian
PRO pts in category: 4

Note from asker to answerer

Thanks Leonardo! I went with suffered from the results of...in the end. Good suggestion. And thanks to both Jean and Kieran for their excellent input!

Peer comments on this answer (and responses from the answerer)

neutral

Maurizio Valente: nel linguaggio finanziario ( esattamente nel trading) scontare ha il significato spiegato da McCann ecc

12 mins

-> D'accordo, ma in questo contesto ha esattamente il significato di "pagare per qualcosa"

neutral

Kieran McCann: I read 'già' in the sense of 'as early as'//indeed, the question was about 'accomodante' not 'scontare': suggest another version and I may agree with you!...'lenient' 'relaxed'?

27 mins

-> That's it : way too indulgent, easy going

agree

Giusi Pasi

1 hr

agree

luskie: linguaggio finanziario o no, qui c'è scritto questo: hanno subìto gli effetti di interventi troppo accomodanti, cioè di interventi troppo poco 'interventi', quasi come se la BCE non fosse intervenuta abbastanza

9 hrs

-> Grazie, cominciavo a pensare di dover tornare a scuola! :-)

agree

Daniela Zambrini

10 hrs

agree

Linda 969: *relaxed* sounds good to me; as for *scontare* I think Kieran's reference says it all

22 hrs

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Italian: accomodante (in context)

English translation: lenient/relaxed