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operativa de pagos/cobros

English translation: mechanism for payment/collection of collateral


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:operativa de pagos/cobros
English translation:mechanism for payment/collection of collateral
Entered by: William Pairman
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11:10 Apr 3, 2010
Spanish to English translations [PRO]
Bus/Financial - Finance (general)
Spanish term or phrase: operativa de pagos/cobros
From a Spanish banks annual report:

Por otra parte, dentro de los acuerdos ISDA que la Entidad ha firmado para la actividad de derivados con la mayoría de las contrapartes, existen unos acuerdos de colaterales (CSA) que establecen una operativa de pagos/cobros de garantías en función de la valoración de la cartera de posiciones
William Pairman
Local time: 08:47
mechanism for payment/collection of collateral
Explanation:
The Credit Support Annex (CSA) refers to "collateral".
Selected response from:

patinba
Argentina
Local time: 03:47
Grading comment
Many thanks patinba and Margaret!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3mechanism for payment/collection of collateralpatinba
4an operation for paying/collecting guarantees/warantiesmargaret caulfield


Discussion entries: 1





  

Answers


44 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
an operation for paying/collecting guarantees/waranties


Explanation:
My version here.

margaret caulfield
Local time: 08:47
Works in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 87
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2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
mechanism for payment/collection of collateral


Explanation:
The Credit Support Annex (CSA) refers to "collateral".

patinba
Argentina
Local time: 03:47
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 564
Grading comment
Many thanks patinba and Margaret!

Peer comments on this answer (and responses from the answerer)
agree  Andy Watkinson: Was thinking along the same lines - "operativa" often refers more to a system/method/mechanism than an operation per se.
1 hr
  -> Thanks, Andy!

agree  Kevin Melody
2 hrs
  -> Thank-you!

agree  Edward Tully: yep, better than my idea!
19 hrs
  -> Thank-you Edward!
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