Jul 31, 2008 04:14
16 yrs ago
3 viewers *
Portuguese term
desmonte (in this case)
Portuguese to English
Bus/Financial
Finance (general)
In a document about hedges:
Na ausência dos traders, deverá se evitar a tomada ou desmonte de posições
Thanks!
Na ausência dos traders, deverá se evitar a tomada ou desmonte de posições
Thanks!
Proposed translations
(English)
4 +4 | dismount | Catarina Aleixo |
4 +1 | abandon/drop | Deborah Workman |
4 | divestment | Paul Dixon |
3 | disarticulation | Leniel Maccaferri |
Proposed translations
53 mins
disarticulation
Declined
disarticulation
+4
1 hr
dismount
Declined
It seems this is a colloquialism (or at least trader jargon) for moving out of a particular investment.
Example sentence:
As the SEC began clambering on the hedge fund bandwagon back in 2002, Mr Newsome was leading his agency into a spectacular dismount, removing a sizable number of hedge funds from CFTC overnight.
Peer comment(s):
agree |
Alexandra Gouveia
2 hrs
|
Thanks
|
|
agree |
Flavia Martins dos Santos
3 hrs
|
Thanks
|
|
agree |
Marlene Curtis
5 hrs
|
thanks
|
|
agree |
rhandler
8 hrs
|
thanks
|
|
neutral |
Deborah Workman
: I'm unfamiliar with this usage. Your example shows that the metaphor of clambering onto the bandwagon and then dismounting it is carried through, but I can't find that this is general usage among traders. My husband, a trader, doesn't know it.
20 hrs
|
Fine Deborah, that's what opinions are for.
|
22 hrs
divestment
Declined
The word "divest" is defined by Oxford (page 508) as to "rid oneself of a business interest or investment". Curiously, the word comes from Latin "des" (removal) + "vestire" (garment), so possibly the original meaning was "take your clothes off"!
+1
22 hrs
abandon/drop
Declined
I would suggest that in this case, where there is no metaphor to support the "dismount" language, it would be strained to employ a literal rendering and would be better/clearer to talk about "taking up" positions on the one hand and "abandoning" or "dropping" them on the other.
Something went wrong...