despalanquejament

English translation: deleveraging

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Catalan term or phrase:despalanquejament
English translation:deleveraging
Entered by: Ross Andrew Parker

14:45 Aug 2, 2009
Catalan to English translations [PRO]
Bus/Financial - Finance (general)
Catalan term or phrase: despalanquejament
From a report about the economic crisis:

"L’escalada de la crisi financera en el darrer trimestre de l’any va obrir, d’altra banda, un període d’acceleració del procés de despalanquejament en el que es trobava immers el sistema financer mundial, el que va provocar una contracció encara més intensa del crèdit."

Many thanks
Comunican
United Kingdom
Local time: 10:29
deleveraging
Explanation:
#
Deleveraging: A fate worse than debt | The Economist
25 Sep 2008 ... Consumers and companies may be forced to cut back.
www.economist.com/businessfinance/displaystory.cfm?story_id... - Similar -
#
Deleveraging, now only in early stages, will transform the banking ...
Deleveraging - cutting back on the amount borrowed as compared to equity - is the dominant theme in markets and economics in 2008, as the financial system ...
www.nytimes.com/2008/06/.../26iht-col27.1.14006619.html - Cached - Similar -
# ¿Qué es esto?
Is Deleveraging Bad for the Economy? - Frank Shostak - Mises Institute
20 Aug 2008 ... This is the paradox of deleveraging.[1] If this process is not arrested in time it could seriously damage the real economy, so it is held. ...

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Note added at 11 mins (2009-08-02 14:56:42 GMT)
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What Does Deleverage Mean?
A company's attempt to decrease its financial leverage. The best way for a company to delever is to immediately pay off any existing debt on its balance sheet. If it is unable to do this, the company will be in significant risk of defaulting.
Investopedia Says
Investopedia explains Deleverage
Companies will often take on excessive amounts of debt to initiate growth. However, using leverage substantially increases the riskiness of the firm. If leverage does not further growth as planned, the risk can become too much for the company to bear. In these situations, all the firm can do is delever by paying off debt.

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Note added at 12 mins (2009-08-02 14:58:03 GMT)
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http://www.google.es/search?hl=en&q=desapalancamiento deleve...
Selected response from:

Ross Andrew Parker
Local time: 11:29
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +2deleveraging
Ross Andrew Parker


  

Answers


10 mins   confidence: Answerer confidence 5/5 peer agreement (net): +2
deleveraging


Explanation:
#
Deleveraging: A fate worse than debt | The Economist
25 Sep 2008 ... Consumers and companies may be forced to cut back.
www.economist.com/businessfinance/displaystory.cfm?story_id... - Similar -
#
Deleveraging, now only in early stages, will transform the banking ...
Deleveraging - cutting back on the amount borrowed as compared to equity - is the dominant theme in markets and economics in 2008, as the financial system ...
www.nytimes.com/2008/06/.../26iht-col27.1.14006619.html - Cached - Similar -
# ¿Qué es esto?
Is Deleveraging Bad for the Economy? - Frank Shostak - Mises Institute
20 Aug 2008 ... This is the paradox of deleveraging.[1] If this process is not arrested in time it could seriously damage the real economy, so it is held. ...

--------------------------------------------------
Note added at 11 mins (2009-08-02 14:56:42 GMT)
--------------------------------------------------

What Does Deleverage Mean?
A company's attempt to decrease its financial leverage. The best way for a company to delever is to immediately pay off any existing debt on its balance sheet. If it is unable to do this, the company will be in significant risk of defaulting.
Investopedia Says
Investopedia explains Deleverage
Companies will often take on excessive amounts of debt to initiate growth. However, using leverage substantially increases the riskiness of the firm. If leverage does not further growth as planned, the risk can become too much for the company to bear. In these situations, all the firm can do is delever by paying off debt.

--------------------------------------------------
Note added at 12 mins (2009-08-02 14:58:03 GMT)
--------------------------------------------------

http://www.google.es/search?hl=en&q=desapalancamiento deleve...

Ross Andrew Parker
Local time: 11:29
Works in field
Native speaker of: English
PRO pts in category: 36
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Andy Watkinson
1 min
  -> Thanks, Andy.

agree  Natalia Pedrosa (X)
1 day 4 mins
  -> Thanks, Natalia.
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