der während der Laufzeit erreichte höchstwert
English translation: the maximum price achieved during the term
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| 10:26 Nov 4, 2003 |
| German to English translations [PRO] Bus/Financial | ||||
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|  Selected response from: Alison Schwitzgebel France Local time: 23:19 | |||
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Answers
3 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1the maximum price (of the underlying asset) during the instrument's lifetime Explanation: This can be achieved using exotic options which are embedded in the structured investment. The text isn't quite clear on whether they're referring to the highest price of the instrument itself, or rather of its underlying asset (which would be more common). |
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4 mins confidence:
| der während der Laufzeit erreichte höchstwert the maximum price achieved during the term Explanation: i.e. starting price is EUR 1. The price rises to EUR 5 during the term, but at the end of the term it falls to EUR 0.50. The investor will receive at least the capital invested (in this case EUR 1) or even the maximum price achieved during the term (here: EUR 5). HTH ALison |
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10 mins confidence:
the maximum value attained during the lifetime of the product Explanation: "or in some instances even guarantee the payment of the maximum value attained during the lifetime of the product/instrument" |
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