Aug 21, 2013 04:37
11 yrs ago
2 viewers *
Japanese term
転抵当
Japanese to English
Law/Patents
Finance (general)
Security / collateral
I am wondering how to translate 転抵当 into English. It is designed to take security over existing security for collateral purposes. FYI, 転抵当=抵当権者が抵当権を自己の債務の担保とすること according to a law dictionary. Many thanks! よろしくお願いします。
Proposed translations
(English)
2 | Collateral | pokopeko634 |
3 | Rehypothecation | T.B. |
Proposed translations
1 hr
Selected
Collateral
Collateral = Properties or assets that secure a loan or another debt. Collateral becomes subject to seizure on default.
と、ありましたので単純にcollateralでは?自信はないです!ごめんなさい!
と、ありましたので単純にcollateralでは?自信はないです!ごめんなさい!
4 KudoZ points awarded for this answer.
Comment: "応えていただき、どうも有難うございます。"
1 day 10 hrs
Rehypothecation
Japanese Civil Law §376 I, 1st half (抵当権者がその抵当権をもって自己または他人の債権の担保とすること) is basically “rehypothecation (re-hypothecation).”
http://legal-dictionary.thefreedictionary.com/Rehypothecatio...
http://en.wikipedia.org/wiki/Hypothecation
When broker-dealers use securities that have been posted as collateral by their clients such as hedge funds to back the broker's own trades and borrowing, they are practicing rehypothecation. It is so utilized by these people that we might forget what it was originally.
http://www.investopedia.com/terms/r/rehypothecation.asp
http://www.caseyresearch.com/articles/abcs-re-hypothecation-...
This is what I can think of as the 転抵当. Wikipedia discusses also “rehypothecation in repo agreements.
http://legal-dictionary.thefreedictionary.com/Rehypothecatio...
http://en.wikipedia.org/wiki/Hypothecation
When broker-dealers use securities that have been posted as collateral by their clients such as hedge funds to back the broker's own trades and borrowing, they are practicing rehypothecation. It is so utilized by these people that we might forget what it was originally.
http://www.investopedia.com/terms/r/rehypothecation.asp
http://www.caseyresearch.com/articles/abcs-re-hypothecation-...
This is what I can think of as the 転抵当. Wikipedia discusses also “rehypothecation in repo agreements.
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