Glossary entry (derived from question below)
Spanish term or phrase:
(visión) TTC
English translation:
TTC (through the cycle)
Added to glossary by
liz askew
Feb 15, 2012 20:06
12 yrs ago
2 viewers *
Spanish term
United Kingdom
Native in: English 
Works in: Italian to English, Spanish to English, English to Italian, and 2 more.
(visión) TTC
Spanish to English
Bus/Financial
Finance (general)
Banking
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."
"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."
Proposed translations
(English)
| 1 +2 | TTC (through the cycle) |
liz askew
|
Change log
Feb 18, 2012 15:56: liz askew changed "Edited KOG entry" from "<a href="/profile/642942">Sarah Weston's</a> old entry - "(visión) TTC"" to ""TTC (through the cycle)""
Proposed translations
+2
15 mins
Selected
TTC (through the cycle)
//
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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% ...
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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% ...
Note from asker:
| No sooner said than done - literally :) |
4 KudoZ points awarded for this answer.
Comment: "Thanks again for all your help with this Liz :)"
Reference comments
13 mins
Reference:
finding
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 ...
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 ...
--------------------------------------------------
Note added at 15 mins (2012-02-15 20:21:59 GMT)
--------------------------------------------------
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 ...
Note from 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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