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English to German translations [PRO] Bus/Financial
English term or phrase:cross options
Kontext: Übernahme eines Schweizer Unternehmens durch ein amerikanisches. In der Telefonkonferenz soll der CEO des übernehmenden Gesellschaft Fragen beantworten; in einem Frage-/Antwortspiel bereitet er sich vor:
"Are you concerned that another company will make a competing bid?
How will the transaction be treated from an accounting perspective?
Purchase of assets that will be valued at fair market value, which is equal to the purchase price paid.
Is there a break-up fee?
Ich bitte um Beiträge von Kollegen mit fundierten Kenntnissen der Materie.
Explanation: Please note that finances are not my specialty, but I came across this glossary during a recent translation of a testament!
The 'cross-option' or 'double option' method gives the surviving partners an option to purchase the deceased or retiring partner's share within a specified period - usually six months - and there is a corresponding option for the deceased's estate to sell to them. A notice must be served within a specified period to exercise the option. The advantage of cross-option is that it will not prejudice the availability of business property relief for inheritance tax purposes. The disadvantage is that it is based on corresponding options rather than binding obligations.
Option basierend auf ein ausländisches Devisenpapier
Explanation: Der Kaufpreis wird im Dollar(devisen)wert eines bestimmten Tages berechnet...:
An option on a foreign security, basket or index struck at a value of the underlying instrument in the investor's base currency and priced and paid in the investor's base currency at exercise. Also called Composite Option, Joint Option."