Glossary entry

English term or phrase:

provided its collateralized overnight financing

French translation:

prêt/financement au jour le jour garanti

Added to glossary by juristrad
Aug 24, 2015 18:50
8 yrs ago
English term

provided its collateralized overnight financing

English to French Bus/Financial Finance (general)
XXX suffered a bank run of sorts – except it wasn’t a flight by retail depositors but rather the institutional lenders which provided its collateralized overnight financing. Qui pourrait m'aider à formuler ? :) D'avance merci

Discussion

Daryo Aug 24, 2015:
XYZ suffered a bank run of sorts – except it wasn’t a flight by retail depositors but rather the institutional lenders which provided its collateralized overnight financing.

XYZ a subi en quelque sorte une ruée bancaire - seulement ... mais plutôt une fuite des institutions qui lui fournissaient son financement au jour le jour sur garantie
juristrad (asker) Aug 24, 2015:
En fait, ce que je ne parviens pas à formuler est "which provided its collateralized overnight financing". Le financement "garanti" signifie qu'il est assorti d'une garantie et non qu'il est garanti dans le sens de "assuré, certain" comme l'entend Daryo :)

Proposed translations

1 hr
Selected

prêt/financement au jour le jour garanti

collaterized = garanti

overnight = au jour le jour



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Note added at 2 hrs (2015-08-24 21:28:19 GMT)
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@ Daryo

Un prêt garanti veut dire que le bailleur de fonds a un droit sur les biens de son client en cas de non remboursement. Votre interpretation est fausse !

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Note added at 2 hrs (2015-08-24 21:38:24 GMT)
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La preuve que l'expression 'prêt garanti' est courante en finance: voir ci-dessous.



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Note added at 2 hrs (2015-08-24 21:39:52 GMT)
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http://www.banque-france.fr/fileadmin/user_upload/banque_de_...
Peer comment(s):

disagree Daryo : "financement ... garanti" would mean that whoever asks for a loan is sure to get one - not the intended meaning
22 mins
I NEVER said that.
agree Gregory Lassale : Wrong, Daryo. https://www.cibc.com/ca/loans/articles/unsecured-secured-loa...
7 hrs
Thank you, Gregory!
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4 KudoZ points awarded for this answer.
1 hr
English term (edited): collateralized overnight financing

financement au jour-le-jour sur garantie


https://en.wikipedia.org/wiki/Overnight_rate

https://en.wikipedia.org/wiki/Overnight_market

https://fr.wikipedia.org/wiki/Taux_au_jour-le-jour

financement sur garantie = you have to provide a collateral to get the loan

financement garantie = we will give you a loan, whatever is your situation





Peer comment(s):

neutral GILLES MEUNIER : au jour-le-jour = au jour le jour
6 hrs
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