Apr 22, 2008 21:35
16 yrs ago
English term
mark
English to Dutch
Bus/Financial
Economics
Ik heb een vorige keer de vraag "mark to market" gesteld, maar ik heb nog steeds moeite met het woord "mark" in de volgende zinnen:
We have at all times somewhere around a $4 billion to $5 billion warehouse. Right now, it is about $4 billion of loans that we have originated to sell. It is a lower cost of market model. I think taking the mark somewhere from $0.95 down to between $0.85 and $0.89 depend upon the security in the quarter. That was a pretty dramatic move. Right now, that is above that and the index is above that mark, so we will see where that goes.
En:
The largest mark we had was about a $40 million write-down on our Hong Kong listed wind turbine gear manufacturer and we also wrote off our common stock in FGIC, about $36 million after tax.
En:
And then retained interest, we have about $1.5 billion of retained interest in the commercial finance book related to the securitizations we have done. Again, that is a mark -- that is not a credit mark, that is a mark based on the fact that the yields investors expect for securities like this have risen and so the present value of the discounted cash flow really came down and that is about $55 million in the quarter. I mean the spreads widened from the end of the year from 400 basis points to 1000 basis points depending upon those securitizations and what we had to discount the cash flows by. I think the dramatic mark to market there is totally based on the market conditions and basically, as long as we hold those securities to maturity, we are going to earn that back.
We have at all times somewhere around a $4 billion to $5 billion warehouse. Right now, it is about $4 billion of loans that we have originated to sell. It is a lower cost of market model. I think taking the mark somewhere from $0.95 down to between $0.85 and $0.89 depend upon the security in the quarter. That was a pretty dramatic move. Right now, that is above that and the index is above that mark, so we will see where that goes.
En:
The largest mark we had was about a $40 million write-down on our Hong Kong listed wind turbine gear manufacturer and we also wrote off our common stock in FGIC, about $36 million after tax.
En:
And then retained interest, we have about $1.5 billion of retained interest in the commercial finance book related to the securitizations we have done. Again, that is a mark -- that is not a credit mark, that is a mark based on the fact that the yields investors expect for securities like this have risen and so the present value of the discounted cash flow really came down and that is about $55 million in the quarter. I mean the spreads widened from the end of the year from 400 basis points to 1000 basis points depending upon those securitizations and what we had to discount the cash flows by. I think the dramatic mark to market there is totally based on the market conditions and basically, as long as we hold those securities to maturity, we are going to earn that back.
Proposed translations
(Dutch)
3 +2 | waarderen | Toiny Van der Putte-Rademakers |
3 | herwaardering | Max Nuijens |
Proposed translations
+2
8 hrs
Selected
waarderen
Van Amerongen terminologie financieel management. Ook:
MARK UP: hoger noteren/waarderen; prijzen bekend maken - MARK DOW: lager noteren, afwaarderen - MARK TO THE MARKET: relateren van de waarder/waardering aan de open markt.
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Note added at 12 hrs (2008-04-23 10:33:22 GMT)
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Waarde, natuurlijk! Sorry.
MARK UP: hoger noteren/waarderen; prijzen bekend maken - MARK DOW: lager noteren, afwaarderen - MARK TO THE MARKET: relateren van de waarder/waardering aan de open markt.
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Note added at 12 hrs (2008-04-23 10:33:22 GMT)
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Waarde, natuurlijk! Sorry.
Peer comment(s):
agree |
Kitty Brussaard
: Als zelfstandig naamwoord dus 'waardering' gebruiken.
1 hr
|
Dank je, Kitty.
|
|
agree |
Mario Hendriks
1 hr
|
Dank je, Mario.
|
3 KudoZ points awarded for this answer.
Comment: "Blijft een vage term, maar hier kon ik het meeste mee. Bedankt!
martijn"
8 hrs
herwaardering
Lijkt in de zinnen te passen
Ik denk aan een neerwaardse herwaardering van ongeveer $0.95 naar %0.85.
Die is op dat moment daarboven en de index is boven die waardering,
De omvangrijkste herwaardering die we hadden
Nogmaals, het is een herwaardering, niet een credietherwaardering, maar een herwaardering gebaseerd op het feit
Ik denk aan een neerwaardse herwaardering van ongeveer $0.95 naar %0.85.
Die is op dat moment daarboven en de index is boven die waardering,
De omvangrijkste herwaardering die we hadden
Nogmaals, het is een herwaardering, niet een credietherwaardering, maar een herwaardering gebaseerd op het feit
Peer comment(s):
neutral |
Kitty Brussaard
: Voorkeur voor waarderen/waardering in deze context. Wel eens met vertaling context.
1 hr
|
bedankt
|
Discussion