Glossary entry (derived from question below)
German term or phrase:
Stufenzinsprodukt
English translation:
stepped-rate products
Added to glossary by
silvia glatzhofer
Mar 15, 2010 09:30
14 yrs ago
German term
Stufenzinsprodukt
German to English
Bus/Financial
Finance (general)
Jahresabschluss einer Bank, Punkt Kredite
Die Nachfrage nach Wohnbaukrediten nahm ab. Besonderer Beliebtheit erfreuten sich unsere Stufenzinsprodukte.
products with gradual interest rates?
Die Nachfrage nach Wohnbaukrediten nahm ab. Besonderer Beliebtheit erfreuten sich unsere Stufenzinsprodukte.
products with gradual interest rates?
Proposed translations
(English)
4 +1 | stepped(-)rate products | TonyTK |
4 +2 | staggered interest rate products | Reinhold Wehrmann |
5 | tiered interest (rate) product | Birgit Gläser |
Proposed translations
+1
1 hr
Selected
stepped(-)rate products
In these kinds of products (loans in this case), repayments are low to begin with and increase over the term of the loan or - less frequently I assume - vice-versa.
There are also such things as "stepped-rate bonds"...
In both cases, the "step-up/step-down" increments can be either fixed or variable.
http://www.hm-treasury.gov.uk/d/miles04_470[1].pdf
There are also such things as "stepped-rate bonds"...
In both cases, the "step-up/step-down" increments can be either fixed or variable.
http://www.hm-treasury.gov.uk/d/miles04_470[1].pdf
4 KudoZ points awarded for this answer.
Comment: "danke"
+2
3 mins
staggered interest rate products
I think "staggered" is the preferred term in financial circles.
Peer comment(s):
agree |
Rolf Keiser
12 mins
|
Thanks!
|
|
neutral |
TonyTK
: Never heard of this term in this specific context. If you can back it up in any way, I'd be happy to change my comment.
1 hr
|
agree |
Eleanore Strauss
14 hrs
|
1 day 1 hr
tiered interest (rate) product
At least in our banking software it's "tiered interest", but it also seems to be more widely accepted in the rest of the world when googling it in parentheses there are 19,200 hits as opposed to some 650 for "staggered interest". In Verbindung mit "mortgage" sind wir bei 5.100 : 270.
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