Übernahme der Ausfallssicherheit
English translation: assumption of counterparty risk
| 11:26 Jan 8, 2003 |
| German to English translations [PRO] Bus/Financial - Finance (general) / Banking | |||||||
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|  Selected response from: Ralf Lemster Germany Local time: 18:51 | ||||||
Grading comment
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| Summary of answers provided | ||||
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| 3 +1 | assumption of counterparty risk |
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| 4 | ..shall assume the risk of default |
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| 4 | assumes the security risks |
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| Discussion entries: 1 | |
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Answers
4 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1assumption of counterparty risk Explanation: What's missing here is the relationship that's covered. Could be either side - the bank might protect the merchant against non-paying customers (probably the most likely scenario), but it could also enhance the merchant's standing vis-à-vis its customers. Maybe you can provide some more background in this respect. |
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Grading comment
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3 hrs confidence:
..shall assume the risk of default Explanation: is what I think they mean |
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9 hrs confidence:
assumes the security risks Explanation: assumes losses caused by security risks |
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