Glossary entry (derived from question below)
French term or phrase:
garant en dernier recours
English translation:
guarantor of last resort
Added to glossary by
Stephanie Mitchel
Jan 10, 2003 21:09
21 yrs ago
French term
garant en dernier ressort
French to English
Bus/Financial
Investment / Securities
investment banking
"Il rappelle que la voie du démantèlement de la banque a été suggérée par les concurrents [..] et considère que la solution retenue revient à demander à l'Etat de remplir son rôle de garant en dernier recours de la poursuite de l'activité de la banque."
Proposed translations
(English)
5 +8 | guarantor of last resort |
Peter Coles
![]() |
4 +1 | last-resort (ou last resort) guarantor |
Francis MARC
![]() |
4 -1 | lender of last resort |
Parrot
![]() |
Proposed translations
+8
9 mins
Selected
guarantor of last resort
It's the same in English.
If the answer to Francis' question is 'recours' then you could use 'recourse' instead.
If the answer to Francis' question is 'recours' then you could use 'recourse' instead.
Peer comment(s):
agree |
Jane Lamb-Ruiz (X)
11 mins
|
agree |
swisstell
57 mins
|
agree |
Rachel Vanarsdall
1 hr
|
agree |
NancyLynn
1 hr
|
agree |
Patricia Fierro, M. Sc.
1 hr
|
agree |
Louise Dupont (X)
2 hrs
|
agree |
Saleh Ayyub
2 hrs
|
agree |
cjohnstone
18 hrs
|
4 KudoZ points awarded for this answer.
-1
6 mins
lender of last resort
LLR or LOLR. See gov't role as LLR:
Peer comment(s):
disagree |
Peter Coles
: Lendor and guarantor are different roles. As LLR the Fed can try to prop up a failing bank. As GLR it ensures that depositors are repaid (with limits) after the bank has failed.
42 mins
|
saw it from "poursuite de l'activité"
|
+1
8 mins
last-resort (ou last resort) guarantor
PDF]CCrreeddiitt RReesseeaarrcchh
Format de fichier: PDF/Adobe Acrobat - Version HTML
... It therefore benefits from the security linked to this status: it is not subject
to the Bankruptcy Act and the State is the last-resort guarantor of its ...
www.cades.fr/en/download/nvmodeles.pdf - Pages similaires
RULE, PHLX ¶2237, Rule 237. The eVWAPTM Morning Session - [ Traduire cette page ]
... Alternate Specialists;. (21) Match member last resort facilitation orders
with their identified last resort guarantor;. (22) Remaining ...
www.cchwallstreet.com/.../RULESOFTHEBOARDOFGOVERNORS/ TradinginUnlistedSecurities/1F430006CE.asp - 38k - En cache - Pages similaires
[PDF]LESSONS FROM THE LATIN AMERICAN PENSION REFORMS: DEVELOPMENTS IN ...
Format de fichier: PDF/Adobe Acrobat - Version HTML
... dependents. In the new system, the government plays two important roles
as a regulator of the system and as the last-resort guarantor. ...
www.business.mmu.ac.uk/met/papers/Eugen.pdf -
Format de fichier: PDF/Adobe Acrobat - Version HTML
... It therefore benefits from the security linked to this status: it is not subject
to the Bankruptcy Act and the State is the last-resort guarantor of its ...
www.cades.fr/en/download/nvmodeles.pdf - Pages similaires
RULE, PHLX ¶2237, Rule 237. The eVWAPTM Morning Session - [ Traduire cette page ]
... Alternate Specialists;. (21) Match member last resort facilitation orders
with their identified last resort guarantor;. (22) Remaining ...
www.cchwallstreet.com/.../RULESOFTHEBOARDOFGOVERNORS/ TradinginUnlistedSecurities/1F430006CE.asp - 38k - En cache - Pages similaires
[PDF]LESSONS FROM THE LATIN AMERICAN PENSION REFORMS: DEVELOPMENTS IN ...
Format de fichier: PDF/Adobe Acrobat - Version HTML
... dependents. In the new system, the government plays two important roles
as a regulator of the system and as the last-resort guarantor. ...
www.business.mmu.ac.uk/met/papers/Eugen.pdf -
Discussion