Glossary entry (derived from question below)
French term or phrase:
friction au risque
English translation:
risk adversiveness
Nov 19, 2001 09:09
22 yrs ago
French term
Precise, prompt, & in impeccable English
Native in: English
Works in: French to English, Japanese to English, Chinese to English, and 1 more.
friction au temps
French to English
Bus/Financial
Investment / Securities
investment
In preparing an investment profile of a client of an investment firm, one is urged to evaluate the client's "friction au risque"--which I am inclined to translate as risk-adverseness instead of the more literal resistance to risk--but also the client's "friction au temps" as well. How should I translate that? I would think that it is referring to the client's timeframe of investment--whether he or shee is investing for the short, medium-or long term. But is there an succinct English expression that conveys this (if I am on the right path here) that is true to the intended meaning in French?
Thanks ni advance!
Thanks ni advance!
Proposed translations
(English)
| 4 | Risk adversiveness/ Risk aversion |
Carole Muller
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| 5 | risk / time sensitivity |
Eva Blanar
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| 1 | Time adjustment |
Maya Jurt
|
Proposed translations
34 mins
Carole Muller
Denmark
Denmark
Denmark
Hi-Tech/Business:Quality Always OnTime!
Works in: English to French, French to English, Danish to English, and 3 more.
Related KudoZ points
:
8
Selected
Risk adversiveness/ Risk aversion
NB: adversiveness, see ref.
I think you are on to the right thing. I have to say I never encountered the term in French although being a native French speaker, but being also an economist the context you describe is certainly correct.
You describe what seems to be the investment house's criteria for suggesting to the client the appopriate investment type. First a client profile is established, defining such things as risk adversiveness and time preferences (short termover medium over long term profits preferences). Then the profile is matched with the investment products opened for investment.
I expect "friction au temps" to be time preference, meaning if the client needs the money to buy a house in two years you can't select up and down risky options that nevertheles will give -for sure- a XX % benefit after about 10 years. Because selling them off in two years might happen in a down period and the client is losing his/her money.
So you evaluate the client's time preference (when in time should the capital gain fall ideally), then you evaluate the client's own risk aversion: i.e. GIVEN that the client needs the money in two years is the client ready to gamble even if losing a maximum of for example up to 20 % in 2 years for the chance to gain maybe 50 % in two years.
I think you are on to the right thing. I have to say I never encountered the term in French although being a native French speaker, but being also an economist the context you describe is certainly correct.
You describe what seems to be the investment house's criteria for suggesting to the client the appopriate investment type. First a client profile is established, defining such things as risk adversiveness and time preferences (short termover medium over long term profits preferences). Then the profile is matched with the investment products opened for investment.
I expect "friction au temps" to be time preference, meaning if the client needs the money to buy a house in two years you can't select up and down risky options that nevertheles will give -for sure- a XX % benefit after about 10 years. Because selling them off in two years might happen in a down period and the client is losing his/her money.
So you evaluate the client's time preference (when in time should the capital gain fall ideally), then you evaluate the client's own risk aversion: i.e. GIVEN that the client needs the money in two years is the client ready to gamble even if losing a maximum of for example up to 20 % in 2 years for the chance to gain maybe 50 % in two years.
4 KudoZ points awarded for this answer.
Comment: "I think that "time sensitivity" probably works best here. Thank you!"
1 hr
Eva Blanar
Hungary
Hungary
Specializes in field
Hungary
Nil satis nisi optimum
Native in: Hungarian
Works in: English to Hungarian, French to Hungarian, German to Hungarian, and 2 more.
Related KudoZ points
:
4
risk / time sensitivity
... at least this is what I would use. By the way, I'd suggest "risk avoidance" rather than risk-adverseness / aversion.
Peer comment(s):
| agree |
d0menic0
26 mins
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| disagree |
Carole Muller
: Risk sensitivity does not exist. Sensitivity analysis does with regards to external factors. Be aware this is not an investment project. This is an INVESTOR being advised.His risk aversion must be graded from 0 to 100. Risk avoidance is = 100 and around
3 hrs
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Pls let me maintain that risk 'avoidance' does not equal to risk 'evasion'. Risk avoidance is a term generally used in the securities business, but I never came across the term of "risk aversion" - it sounds a little art/literature to me.
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5 hrs
Time adjustment
In aeronautics, a synonym for friction is "adjustment". May be that is a little far-fetched. ROBERT gives the synonyms of "frottement" or "heurts" (fig.)
Time seems the adversary, you have to adjust to it.
HTH, but I rather doubt it.
Time seems the adversary, you have to adjust to it.
HTH, but I rather doubt it.
Peer comment(s):
| neutral |
Carole Muller
: It's the point: time is the adversary ..but it may be the ally, depending on the time span from the investment is made till investor needs his money. The client is investing money optimally if the riskaversion matches the time preference.
6 mins
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Adversary/ally _ adjustment? I am really at loss with this question. Let's think some more.
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