underwater

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13:25 Jun 12, 2009
English to Finnish translations [PRO]
Bus/Financial - Finance (general)
Additional field(s): Real Estate
English term or phrase: underwater
Definition from own experience or research:
A condition in which the market value of an asset is lower than either the amount owed on the asset (in the case of a real estate mortgage, for example) or the contracted amount for which the asset can be purchased, "called" or "put" (in the case of stock and stock options, for example.)

Example sentence(s):
  • Housing prices have plummeted and some homeowners are severely underwater - meaning they owe more than their homes are worth. CNNMoney.com
  • One in five U.S. mortgage borrowers are underwater Reuters
  • Obama’s plan permits refinancing only for homeowners underwater by a maximum 5 percent. Rosen recommends raising that limit to 25 percent. Bloomberg
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Summary of translations provided
4vakuuden arvo alittaa...
Jussi Rosti


Discussion entries: 1





  

Translations offered


14 days   confidence: Answerer confidence 4/5Answerer confidence 4/5
vakuuden arvo alittaa...


Definition from own experience or research:
Kun vakuuden arvo alittaa sen takamaan lainan tai muun etuuden määrän, ei käypään arvoon myyty vakuus riittäisi kattamaan koko jäljellä olevan lainan takaisinmaksua tai kohde-etuuden lunastamista.

Example sentence(s):
  • Vakavimmat seuraukset ovat tapauksissa, joissa velallisen maksukyky heikkenee samalla kun vakuuden arvo alittaa jäljellä olevan lainan määrän. - Rahoitustarkastus  
  • Jos treiderin käytettävissä olevan vakuuden arvo alittaa hänen aukiolevien positioidensa yhteenlasketun vakuusvaatimuksen suljetaan kaikki hänen positionsa automaattisesti markkinahintaan (nk. "margin call") . - UB Tradegate  

Explanation:
Tätä ei mielestäni kannata yrittää kääntää adjektiivilla/adverbillä, vaikka alkukielessä se toimiikin.
Jussi Rosti
Finland
Local time: 16:47
Native speaker of: Native in FinnishFinnish
PRO pts in category: 56
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