Glossary entry (derived from question below)
German term or phrase:
zerlegungspflichtig
English translation:
...for which unbundling is mandatory
Added to glossary by
Marc Svetov
May 13, 2010 17:04
14 yrs ago
German term
United States
zerlegungspflichtig
German to English
Bus/Financial
Accounting
In an annual report
"Es handelt sich bei den Hedge RSU damit um eine Forderung der Gesellschaft gegen die XXX mit einer Laufzeit von fünf Jahren, bei der an der Entwicklung der Aktie der XXX partizipiert wird. Ein Zins fällt nicht an, sondern der Zins und die Forderung werden am Ende der Laufzeit gegen den Wert der Aktien der XXX getauscht (sogenannter Equity Swap). Demnach liegt ein zerlegungspflichtiges, strukturiertes Produkt vor."
Thus they are a "zerlegungspflichtiges," structured product. What is "zerlegungspflichtig"?
Thus they are a "zerlegungspflichtiges," structured product. What is "zerlegungspflichtig"?
Proposed translations
(English)
| 4 +1 | ...for which unbundling is mandatory |
wfarkas (X)
|
| 4 | (compulsorily) subdivisible |
Adrian MM. (X)
|
| 1 | apportionable |
casper (X)
|
Proposed translations
+1
21 hrs
Selected
...for which unbundling is mandatory
Accordingly, this is a structured product, for which unbundling is mandatory.
Note: unbundling is the process of separating a complex structured product or an exotic derivative into its individual risk components.
Example:
Splitting out an embedded derivative from its host contract and accounting for it as a derivative.
Note: unbundling is the process of separating a complex structured product or an exotic derivative into its individual risk components.
Example:
Splitting out an embedded derivative from its host contract and accounting for it as a derivative.
Note from asker:
| Thanks! |
4 KudoZ points awarded for this answer.
Comment: "Thanks."
16 hrs
apportionable
apportion:
to divide and share out according to a plan;
especially : to make a proportionate division or distribution of
http://mw4.merriam-webster.com/dictionary/apportionable
to divide and share out according to a plan;
especially : to make a proportionate division or distribution of
http://mw4.merriam-webster.com/dictionary/apportionable
1 day 2 hrs
(compulsorily) subdivisible
vs. consolidatable. See ss. 618 and 619 of the UK Companies Act 2006 on subdivision and consolidation of shares into stock.
Discussion