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adossements

English translation: coverage

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07:35 Jun 27, 2000
French to English translations [PRO]
Bus/Financial
French term or phrase: adossements
Operations commerciales et leurs adossements // another exampl is: les adossements relatifs à ces operations commercials peuvent comprendre des elements externes .... Urgent help would be appreciated. Claire
Claire
English translation:coverage
Explanation:
In the context you describe, it appears that they're talking about covering an issue of debt on the market OR a back-to-back loan provided by external sources.
Selected response from:

Sangeeta Prasad
United States
Local time: 11:51
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
narelated funding
Béatrice Huret-Morton
nahedge, hedging, hedging instrument
Evelyna Radoslavova
nacoverageSangeeta Prasad
naassociated operations
Gillian Hargreaves


  

Answers


36 mins
associated operations


Explanation:
By analogy with "adossement à un partenaire", given in Eurodicautom as "linking to a partner; association with a partner"


    Reference: http://eurodic.ip.lu:8086//cgi-bin/edicbin/expert.pl
Gillian Hargreaves
Local time: 16:51
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 575
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36 mins
coverage


Explanation:
In the context you describe, it appears that they're talking about covering an issue of debt on the market OR a back-to-back loan provided by external sources.


Sangeeta Prasad
United States
Local time: 11:51
PRO pts in pair: 8
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38 mins
hedge, hedging, hedging instrument


Explanation:
Here is an explanation given of the french term given by the CGA Magazine: "Enfin, l'adossement ou la compensation consiste à agencer deux situations diamétralement opposées, c'est-à-dire qui réagissent à l'inverse l'une de l'autre face à un risque donné. Ainsi, si la première situation entraîne une perte, la seconde entraînera nécessairement un gain, et les pertes de l'une seront compensées par les gains de l'autre. Par exemple, pour couvrir le risque de change, une entreprise canadienne qui exporte aux États-Unis pourrait acheter de fournisseurs américains. Les entrées de fonds en dollars américains seraient d'abord utilisées pour faire face aux sorties de fonds en dollars américains, rendant ainsi l'entreprise moins exposée au risque de change."
And here is the definition of "Hedging" given by TERMIUM:
"Hedging is the process of protecting one transaction by means of another, and in the commodity markets takes the form of selling a futures contract in an amount equivalent to necessary cash purchases. OBS - hedge; hedging: terms and text reproduced from The Encyclopedia of Banking and Finance, Tenth Edition (1993), by Glenn G. Munn, F.L. Garcia and Charles J. Woelfel"

Hope this helps, Evelyna


    Reference: http://www.finances.gouv.fr/presse/communiques/c9905051.html
    Reference: http://www.cga-canada.org/fr/magazine/dec97/risk_f.htm
Evelyna Radoslavova
Canada
Local time: 08:51
Native speaker of: Native in BulgarianBulgarian, Native in FrenchFrench
PRO pts in pair: 12
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1 hr
related funding


Explanation:
Without further context, this could refer to anything, including all the above suggestions. One more possible interpretation would be funding.

Cheers,

Béa

Béatrice Huret-Morton
Local time: 17:51
Native speaker of: Native in FrenchFrench, Native in EnglishEnglish
PRO pts in pair: 300
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