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activo englobado

English translation: included / built-in asset


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:activo englobado
English translation:included / built-in asset
Entered by: Rafael Molina Pulgar
Options:
- Contribute to this entry
- Include in personal glossary

11:21 Jul 23, 2009
Spanish to English translations [PRO]
Bus/Financial - Finance (general)
Spanish term or phrase: activo englobado
En caso de usar ese activo “englobado” en una venta de XXX en bloque,
Beatriz Candil Garcia
Local time: 20:56
included / built-in asset
Explanation:
good luck.
Selected response from:

Rafael Molina Pulgar
Mexico
Local time: 13:56
Grading comment
Thanks!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1"bundled" asset
Lisa McCarthy
4aggregated assets
argosys
3 +1included / built-in asset
Rafael Molina Pulgar


  

Answers


20 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
included / built-in asset


Explanation:
good luck.

Rafael Molina Pulgar
Mexico
Local time: 13:56
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 68
Grading comment
Thanks!

Peer comments on this answer (and responses from the answerer)
agree  De Novi: included
31 mins
  -> Gracias, Zanne.
Login to enter a peer comment (or grade)

18 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
"bundled" asset


Explanation:
-

--------------------------------------------------
Note added at 22 mins (2009-07-23 11:44:23 GMT)
--------------------------------------------------

***..." ASSET BUNDLED (WITH)...."

Main Entry: 2bundle
Function: verb
Inflected Form(s): bun·dled; bun·dling \ˈbən(d)-liŋ, ˈbən-dəl-iŋ\
Date: 1611
transitive verb
1 : to make into a bundle
2 : to hustle or hurry unceremoniously <bundled the children off to school>
3 : ***to include (a product or service) with a related product for sale at a single price ***




--------------------------------------------------
Note added at 29 mins (2009-07-23 11:51:24 GMT)
--------------------------------------------------

They lent that money because the mortgage was immediately classified as an “asset”, ***bundled with** thousands of other mortgages to create a “AAA” mortgage backed security. Then they levered that “asset” thirty, forty or fifty times. It was money creation on a scale that dwarfed anything the government generated. That’s how a unregulated derivitives market went from basically zero to $70 trillion in less than 10 years.
http://canuckscorner.com/tombenjamin/?p=1019

One thing Geithner may not have considered is how to bundle the assets. He needs to ***bundle as many assets** together as possible!

For example, if the asset is a single mortgage, the probabilities will be nonzero only for $100 (if they pay it) and $0 (if they default). But if you bundle 1000 of these, you start getting probabilities that aren’t so extreme. (you’d have a binomial distribution distribution). Whether you are buying a block of 1000 or a single mortgage doesn’t matter normally, but the Geithner plan has a non-recourse loan that is MUCH more valuable if you buy each one separately.
http://opensourceeconomics.wordpress.com/2009/04/02/geithner...



Lisa McCarthy
Spain
Local time: 20:56
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 121

Peer comments on this answer (and responses from the answerer)
agree  Ruth Ramsey
3 days2 hrs
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2 days22 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
aggregated assets


Explanation:
I would have picked "bundled" assets but for the fact that it is a term more prevalent in information technology, referring to software or hardware, than in investments. I have picked the more formal term.

Google References:

edgar filing documents for 0001104659-09-008033
The fee rate payable to the Sub-Adviser when the aggregated assets of all ...... the trades typically are “bunched,” which means that the trades for the ...
globaldocuments.morningstar.com/.../8b7462dd0b4c9ed0.msdoc

PRINCIPAL VARIABLE CONTRACTS FUNDS INC - 497 - 20060125 - STOCKHOLDERS
... a fee on the value of the aggregated assets using the above fee schedules. ...... and other client accounts) participating in an aggregate or "bunched" ...
vcall.brand.edgar-online.com/.../EDGARpro.dll?... -

Adviser Class, Initial Class and Service Class Statement of ...
aggregated assets of ING PIMCO Total Return Portfolio and ING PIMCO Core Bond ... aggregated assets of all series of the ING Funds complex s sub-advised by ...
https://www2.ing-usa.com/stellent/.../1047430.pdf -

argosys
Local time: 02:56
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 102
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Changes made by editors
Jul 30, 2009 - Changes made by Rafael Molina Pulgar:
Edited KOG entryBeatriz Candil Garcia's old entry - "activo englobado" => "included / built-in asset"


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