KudoZ home » English to Spanish » Finance (general)

nondeposit investment product

Spanish translation: productos de inversión que no califican como depósitos

Advertisement

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.
GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:nondeposit investment product
Spanish translation:productos de inversión que no califican como depósitos
Options:
- Contribute to this entry
- Include in personal glossary

13:44 Mar 25, 2004
English to Spanish translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: nondeposit investment product
Nondeposit investment products are not federally insured, involve investment risk, may loose value and are not obligations of the credit union.
Angelica
productos de inversión que no califican como depósitos
Explanation:
Es decir, inversiones ue, a diferencia de las cuentas bancarias, no se consideran como ahorros y, por ende, no están protegidos y garantizados por el gobierno en caso de que el promotor entre en bancarrota.

What Is Not Insured? Many financial institutions also offer their customers a range of investment accounts that do not qualify as deposits and, thus, are not covered by FDIC insurance. Examples of non-deposit investment products that are
not covered by FDIC deposit insurance include:

• Investments in mutual funds (including money market
mutual funds and mutual funds that invest in stocks,
bonds, and other securities).


• U.S. Treasury bills, notes, and bonds purchased
through an insured institution.
Note: Although Treasury securities are not covered by federal deposit insurance, payments of interest and principal (including redemption proceeds) on those securities that are deposited into an investor's deposit account at an insured institution are covered by FDIC insurance up to the $100,000 limit.

Also, while U.S. Treasury securities are not insured by the FDIC, they are backed by the full faith and credit of the U.S. Government, which is the strongest guarantee an investor can get.

• Annuities (which are underwritten by insurance companies
but sold at some institutions).

• Stocks, bonds or other securities, or other non- deposit
investment products, whether purchased through a bank or
through an affiliated broker/dealer.

• Contents of a safe deposit box maintained by the
institution.

• Funds lost by the insured institution due to robbery, theft,
fraud, embezzlement, or natural disaster. (These funds
usually are covered by the insured institution's blanket
bond insurance policy.)
http://www.fdic.gov/deposit/deposits/financial/basic.html
Selected response from:

Miguel Llorens
Local time: 16:14
Grading comment
Miguel, thanks a lot for your answer and sorry for my delay in grading!
4 KudoZ points were awarded for this answer

Advertisement


Summary of answers provided
5 +5productos de inversión que no califican como depósitos
Miguel Llorens


  

Answers


36 mins   confidence: Answerer confidence 5/5 peer agreement (net): +5
productos de inversión que no califican como depósitos


Explanation:
Es decir, inversiones ue, a diferencia de las cuentas bancarias, no se consideran como ahorros y, por ende, no están protegidos y garantizados por el gobierno en caso de que el promotor entre en bancarrota.

What Is Not Insured? Many financial institutions also offer their customers a range of investment accounts that do not qualify as deposits and, thus, are not covered by FDIC insurance. Examples of non-deposit investment products that are
not covered by FDIC deposit insurance include:

• Investments in mutual funds (including money market
mutual funds and mutual funds that invest in stocks,
bonds, and other securities).


• U.S. Treasury bills, notes, and bonds purchased
through an insured institution.
Note: Although Treasury securities are not covered by federal deposit insurance, payments of interest and principal (including redemption proceeds) on those securities that are deposited into an investor's deposit account at an insured institution are covered by FDIC insurance up to the $100,000 limit.

Also, while U.S. Treasury securities are not insured by the FDIC, they are backed by the full faith and credit of the U.S. Government, which is the strongest guarantee an investor can get.

• Annuities (which are underwritten by insurance companies
but sold at some institutions).

• Stocks, bonds or other securities, or other non- deposit
investment products, whether purchased through a bank or
through an affiliated broker/dealer.

• Contents of a safe deposit box maintained by the
institution.

• Funds lost by the insured institution due to robbery, theft,
fraud, embezzlement, or natural disaster. (These funds
usually are covered by the insured institution's blanket
bond insurance policy.)
http://www.fdic.gov/deposit/deposits/financial/basic.html

Miguel Llorens
Local time: 16:14
Specializes in field
Native speaker of: Spanish
PRO pts in category: 158
Grading comment
Miguel, thanks a lot for your answer and sorry for my delay in grading!

Peer comments on this answer (and responses from the answerer)
agree  Mary Pennington
17 mins

agree  purificaci
21 mins

agree  Maria Otero
31 mins

agree  Sandy T
5 hrs

agree  Leticia Rubi
1 day6 hrs
Login to enter a peer comment (or grade)




Return to KudoZ list


KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.



See also:



Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search