Tilgung am Stück

English translation: bullet redemption

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

German term or phrase:	Tilgung am Stück
English translation:	bullet redemption
Entered by:	KarMei

08:48 Jun 16, 2005

German to English translations [PRO]
Bus/Financial - Finance (general) / Securities

German term or phrase: Tilgung am Stück

Tilgung von Anleihen ohne Reduzierung des Nominals (Tilgung am Stück ohne Nennwertänderung)

KarMei KudoZ activity Questions: 16 (none open) (1 without valid answers) Answers: 0
Local time: 02:22

bullet redemption

Explanation:
Die Rückzahlung in einem Gesamtbetrag wird in der Praxis als "bullet redemption" bzw. "bullet repayment" bezeichnet; was mich hier irritiert ist der der Hinweis, dass keine Nennwertänderung erfolgt. Hierzu müsste man den Gesamtkontext sehen.

Selected response from:

Ralf Lemster
Germany
Local time: 02:22

Grading comment

Thank you very much.
4 KudoZ points were awarded for this answer

Summary of answers provided

bullet redemption

Ralf Lemster

information

Kieran McCann

Discussion entries: 1

Answers

5 mins confidence:

Tilgung am Stück

bullet redemption

Ralf Lemster
Germany
Local time: 02:22
Specializes in field
Native speaker of: German
PRO pts in category: 760

Grading comment

Thank you very much.

4 days confidence:

Tilgung am Stück information

Explanation:
as Ralf says, the puzzle is how something can be repaid without affecting the nominal amount outstanding, but there are clearly financial instruments which permit this as this link about online banking codes shows:

'DE "Einlösungsart" (GD 841):
Geänderte Codes:
A: Tilgung nur durch Rückkauf
B: Annuitätentilgung am Stück (ohne Nennwertänderung)
C: Laufzeit unbefristet, Auslosung, Kündigung oder Rückkauf möglich
D: Tilgung am Stück in nicht im voraus bestimmbaren Beträgen bei gleichbleibendem Nennwert
E: Tilgung am Stück in im voraus bestimmten Beträgen bei gleichbleibendem Nennwert
usw...'

Reference: http://www.hbci-zka.de/spec/aenderungen/kk_2_1.htm

Kieran McCann
United Kingdom
Local time: 01:22
Specializes in field
Native speaker of: English
PRO pts in category: 305

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