Spanish to English translations [PRO]
Bus/Financial - Finance (general) | | Spanish term or phrase: liquidables por diferencias | This comes up in a list of instruments that a high street bank is authorised to issue. Here is the context:
"... todo tipo de instrumentos de deuda, documentada en obligaciones, bonos de cualquier clase, pagarés, cédulas de cualquier clase, warrants total o parcialmente canjeables por acciones ya emitidas de la propia sociedad o de otra sociedad, ::::::: o liquidables por diferencias :::::::::, o cualesquiera otros valores de renta fija, en euros o en otra divisa, susceptibles de ser suscritos en metálico o en especie, nominativos o al portador, simples o con garantía de cualquier clase, incluso hipotecaria, con o sin la incorporación de derechos a los títulos (warrants), subordinados o no, con duración temporal o indefinida, total o parcialmente canjeables por acciones ya emitidas de la propia Sociedad o de otra sociedad."
Does it have anything to do with "contracts for differences"? |
| Laurence NunnyKudoZ activityQuestions: 227 ( 4 open) ( 5 without valid answers) ( 8 closed without grading) Answers: 24
Spain
| Local time: 18:04
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| | settled by offset | Explanation:
the only sums that change hands are the differences in amount (amounts receivable offset amounts payable and only the actual difference is paid) |
| Selected response from:
 Marian Greenfield
Local time: 12:04
| Grading comment Thanks Marian
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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1 min confidence:   peer agreement (net): +1
28 mins confidence: peer agreement (net): +2 settled by offset
Explanation:
the only sums that change hands are the differences in amount (amounts receivable offset amounts payable and only the actual difference is paid)
25 years in the business, most of manager of translations at an investment bank
| Marian Greenfield
Local time: 12:04
Specializes in field
Native speaker of:  English
PRO pts in category: 1524
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