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prestation

English translation: payment

06:20 Aug 25, 2017
French to English translations [PRO]
Bus/Financial - Investment / Securities / Repo transactions
French term or phrase: prestation
Hi, I am translating a Swiss Framework contract for Repo transactions.

The word "prestation" is often used and I am not sure wether "benefit" is a good translation. Here are some examples in the French text, for more context:

Prestations de compensation: sont considérés comme telles les paiements de compensation à effectuer en faveur de l'ayant droit économique pour des dividendes ou intérêts échus, que ce soit par la transmission de la prestation originale ou par la fourniture d'une prestation correspondante à titre de prestation de remplacement.

L’appel de marge sous forme de prestation pécuniaire ne sera pas crédité d’intérêts

Thanks for your help
IAN TAIT
France
Local time: 14:06
English translation:payment
Explanation:
I'm making this suggestion as a generic term that might nevertheless be quite suitable here.
Selected response from:

Nikki Scott-Despaigne
Local time: 14:06
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1payment
Nikki Scott-Despaigne


Discussion entries: 1





  

Answers


6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
payment


Explanation:
I'm making this suggestion as a generic term that might nevertheless be quite suitable here.

Nikki Scott-Despaigne
Local time: 14:06
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  philgoddard
1 hr
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