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contrpartie

English translation: The Bank will act for its own account

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02:35 Jul 10, 2000
French to English translations [PRO]
Bus/Financial
French term or phrase: contrpartie
La Banque agira à titre de contrepartie dans un swap . . .

Is the Bank a "counterparty" or does it simplya ssume the other side of the swap deal?
Josh Wallace
Canada
Local time: 02:31
English translation:The Bank will act for its own account
Explanation:
Definitely not "counterparty" - just possibly "counterpart". However, the above suggestion is derived from the Collins Robert Business French Dictionary, and seems to make sense in the context
Selected response from:

Gillian Hargreaves
Local time: 07:31
Grading comment
Used a variation of this--it made sense. Thanks. Josh
3 KudoZ points were awarded for this answer

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Summary of answers provided
naCounterpartTelesforo Fernandez
naThe Bank will act for its own account
Gillian Hargreaves


  

Answers


9 mins
The Bank will act for its own account


Explanation:
Definitely not "counterparty" - just possibly "counterpart". However, the above suggestion is derived from the Collins Robert Business French Dictionary, and seems to make sense in the context

Gillian Hargreaves
Local time: 07:31
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 575
Grading comment
Used a variation of this--it made sense. Thanks. Josh
Login to enter a peer comment (or grade)

56 mins
Counterpart


Explanation:
PLEASE SEE THE REFERENCE :

Overview of counterpart funds established under the Swiss Debt Reduction
Facility


    Reference: http://www.swisscoalition.ch/pages.e/2Dy/2Dy_As2.htm
Telesforo Fernandez
Local time: 13:01
PRO pts in pair: 216
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