Oct 19, 2015 09:45
9 yrs ago
2 viewers *
English term

The whole sentence

English to Chinese Bus/Financial Finance (general)
we must have positive jaws because if we’re backing off the cost efficiency target from 48% to 52% and we’re saying it’s mid 50%s, if we’re delivering positive jaws, we’re saying the cost efficiency ratio is trending down. That’s the output of positive jaws, i.e. your revenues are growing faster than your costs are growing.

I understand what positive jaws mean, but I can't figure out the whole sentence. Why is the cost efficiency ratio trending down, when it's raised from 48% to 52%. Thanks!

Discussion

David Lin Oct 19, 2015:
About asking questions Hi Hanjing, Just a gentle reminder that to ask a whole sentence is not allowed in KudoZ. See Rule 2#1:

"One term is allowed per question. Including multiple terms for translation in a single KudoZ posting interferes with the process of generating glossary entries."

Also, Rule 2#2:

"Texts posted for translation via KudoZ should be limited to approximately ten (10) words. For longer texts, it is recommended that the directory or job posting system be used to locate an appropriate professional. See a more detailed description here."

Thanks in advance for your cooperation.

David

Proposed translations

13 hrs
English term (edited): 48% to 52%与trending down不相干,因为是不同句子中的内容
Selected

看解释

if we’re backing off the cost efficiency target from 48% to 52% and we’re saying it’s mid 50%s, if we’re delivering positive jaws, we’re saying the cost efficiency ratio is trending down.

原句写得不规范,实际应是:
if we’re backing off the cost efficiency target from 48% to 52%, we’re saying it’s mid 50%s; if we’re delivering positive jaws, we’re saying the cost efficiency ratio is trending down.

又有:
cost efficientcy ratio = expenses / revenue;
jaws ratio = income growth rate - expense growth rate;

所以,cost efficiency ratio如果升高,则jaws ratio为负;如果jaws ratio变为正,则表示cost efficiency ratio降低。

--------------------------------------------------
Note added at 2 days12 hrs (2015-10-21 22:43:53 GMT) Post-grading
--------------------------------------------------

更正下,cost efficiency ratio如果升高,则jaws ratio未必为负,也可能是由一个较大的正数变为较小的正数。
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thx"
40 mins

The answer is in the last sentence

Hi Hanjing, I think the cost efficiency ratio depends on two factors: the cost efficiency and the revenue (cost efficiency ÷ revenue). As the last sentence explains, if the revenue grows faster than the cost efficiency, the ratios would decrease.

Wikipedia: The efficiency ratio, a ratio that typically applies to banks, in simple terms is defined as expenses as a percentage of revenue (expenses / revenue), with a few variations. A lower percentage is better since that means expenses are low and earnings are high. It relates to operating leverage, which measures the ratio between fixed costs and variable costs.
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search