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(visión) TTC

English translation: TTC (through the cycle)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:(visión) TTC
English translation:TTC (through the cycle)
Entered by: liz askew

20:06 Feb 15, 2012
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / Banking
Spanish term or phrase: (visión) TTC
This is part of the breakdown of a calculation of Return on Risk-Adjusted Capital (RORAC) on transactions (as far as I understand it - not very clear as it is in a presentation without much in the way of explanation):

"CeR consumido en el periodo i. **Refleja una visión TTC***
Ingresos generados en el periodo i.
Compensación del capital en el periodo i. Ingresos de retribución del capital a la tasa libre de riesgo (definida en [X Department] por Intervención General)
Cost to Income y Tax Rates (definidos en BMG por Intervención General. Actualmente Cost to Income=24% y Tax Rates=30%)
Perdida Esperada consumida en cada periodo i. Está incluida en la formula de Basilea II como un ‘proxy’ de las provisiones. **Refleja una visión TTC**
Plazo de la transacción."
Sarah Weston
United Kingdom
TTC (through the cycle)
Explanation:
//

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Note added at 16 mins (2012-02-15 20:23:14 GMT)
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www.cepr.org/2432a/default_htm_files/RepulloFinal.pdf
File Format: PDF/Adobe Acrobat - Quick View
by R Repullo - Related articles
the input of the Basel II formula by using through-the-cycle PDs or to smooth the output ... 45% loss given default (LGD), the multiplier would amount to a 6.5% ...
Selected response from:

liz askew
United Kingdom
Local time: 07:52
Grading comment
Thanks again for all your help with this Liz :)
4 KudoZ points were awarded for this answer



Summary of answers provided
1 +2TTC (through the cycle)
liz askew
Summary of reference entries provided
finding
liz askew

  

Answers


15 mins   confidence: Answerer confidence 1/5Answerer confidence 1/5 peer agreement (net): +2
TTC (through the cycle)


Explanation:
//

--------------------------------------------------
Note added at 16 mins (2012-02-15 20:23:14 GMT)
--------------------------------------------------

www.cepr.org/2432a/default_htm_files/RepulloFinal.pdf
File Format: PDF/Adobe Acrobat - Quick View
by R Repullo - Related articles
the input of the Basel II formula by using through-the-cycle PDs or to smooth the output ... 45% loss given default (LGD), the multiplier would amount to a 6.5% ...

liz askew
United Kingdom
Local time: 07:52
Native speaker of: Native in EnglishEnglish
PRO pts in category: 189
Grading comment
Thanks again for all your help with this Liz :)
Notes to answerer
Asker: No sooner said than done - literally :)


Peer comments on this answer (and responses from the answerer)
agree  patinba
21 mins
  -> Thank you!
agree  eski: Good work, Liz. eski))
39 mins
  -> Thank you for the friendly comment Eski! Saludos!
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Reference comments


13 mins
Reference: finding

Reference information:
don't know if this makes any sense

ESTABILIDAD FINANCIERA N.º 17
www.bde.es/webbde/Secciones/.../IEF200917.pdf - Translate this page
File Format: PDF/Adobe Acrobat - Quick View
de sus autores y no reflejan necesariamente la opinión del Banco de ...... des de provisiones en cada momento del ciclo económico y los importes de las pérdidas es- peradas .... En efecto, la pérdida esperada de una cartera es la suma de la pérdida ... Los llamados «sistemas de rating through the cycle» (TTC) generan ...

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Note added at 15 mins (2012-02-15 20:21:59 GMT)
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REWRITING FINANCIAL REGULATION:
govtpolicyrecs.stern.nyu.edu/docs/whitepapers_ebook_chapter_21.pdf
File Format: PDF/Adobe Acrobat - Quick View
with “dynamic” loan loss reserving -- in which banks accrue for loan losses based on long-run or “through the cycle” default probabilities and expected losses ...

liz askew
United Kingdom
Native speaker of: Native in EnglishEnglish
PRO pts in category: 189
Note to reference poster
Asker: Hi Liz, Thanks! Looks good. Let's see if anyone else has anything to say. In the meantime, why don't you post this as an answer so you don't lose the points if it does turn out to be this?

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