(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:

 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."
 sarahcaUnited Kingdom Local time: 22:33
 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% ...
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United Kingdom
Local time: 22:33
 Thanks again for all your help with this Liz :)4 KudoZ points were awarded for this answer

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

15 mins   confidence: peer agreement (net): +2
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% ...

 liz askewUnited KingdomLocal time: 22:33Native speaker of: EnglishPRO pts in category: 178
 Thanks again for all your help with this Liz :)
 Asker: No sooner said than done - literally :)

agree
 21 mins
-> Thank you!

agree  eski: Good work, Liz. eski))
 39 mins
-> Thank you for the friendly comment Eski! Saludos!

 13 mins
Reference: finding

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

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 askewUnited KingdomNative speaker of: EnglishPRO pts in category: 178
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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