Glossary entry (derived from question below)
English term or phrase:
First to default fixed rate credit
German translation:
Erster, der seinen Zahlungsverpflichtungen nicht nachkommt
Added to glossary by
Andy Lemminger
Mar 21, 2001 10:31
23 yrs ago
English term
First to default fixed rate credit
English to German
Bus/Financial
Investment / Securities
First to default fixed rate "SChuldschein" credit linked to a basket of reference entities
"first to default" is what I need here - thanks!
"first to default" is what I need here - thanks!
Proposed translations
(German)
0 | "Erster, der in Verzug ger�t" or "Erster, der seinen Zahlungsverpflichtungen nicht nachkommt" | Andy Lemminger |
0 | to default = to fail to meet an obligation esp. a financial one | frauke (X) |
Proposed translations
1 hr
Selected
"Erster, der in Verzug ger�t" or "Erster, der seinen Zahlungsverpflichtungen nicht nachkommt"
Correct explanation of Frauke
Use the first term if he only paid too late, the second one if he hasn't paid at all
Use the first term if he only paid too late, the second one if he hasn't paid at all
Reference:
1 KudoZ points awarded for this answer.
Comment: "Thank you!"
54 mins
to default = to fail to meet an obligation esp. a financial one
hope this might help
Reference:
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