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is struck

French translation: est determinée

12:00 Sep 13, 2016
English to French translations [PRO]
Bus/Financial - Management / Assets Management
English term or phrase: is struck
Any applications received after the time specified from time to time by the Directors but before the time at which the Net Asset Value with respect to a Dealing Day is struck may, at the sole discretion of the Directors, be accepted for the relevant Dealing Day.

Merci
Pierre Lefebvre
Brazil
Local time: 12:36
French translation:est determinée
Explanation:
A dealing day ends at a specific point in time. It is at that point that the Net Asset Value with respect to a Dealing Day is determined

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Note added at 1 day6 hrs (2016-09-14 18:35:27 GMT)
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BREAKING DOWN 'Net Asset Value - NAV'
In the context of mutual funds, NAV per share is computed once per day based on the closing market prices of the securities in the fund's portfolio. All of the buy and sell orders for mutual funds are processed at the NAV of the trade date. However, investors must wait until the following day to get the trade price. Mutual funds pay out virtually all of their income and capital gains. As a result, changes in NAV are not the best gauge of mutual fund performance, which is best measured by annual total return.

Because ETFs and closed-end funds trade like stocks, their shares trade at market value, which can be a dollar value above (trading at a premium) or below (trading at a discount) NAV. ETFs have their NAV calculated daily at the close of the market for reporting purposes, but they also calculate intra-day NAV multiple times per minute in real time.



Selected response from:

Francois Boye
United States
Local time: 11:36
Grading comment
Merci
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1est determinée
Francois Boye
3 -1(la valeur) est atteinte
Ana Vozone


Discussion entries: 1





  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): -1
(la valeur) est atteinte


Explanation:
A suggestion.

Example sentence(s):
  • Lorsque la valeur est atteinte par le coût de l'actif dans le laps de temps de validité ..... finance.
  • ... Si la valeur est atteinte avant la fin de l'échéance, alors l'option sera vendue ...
Ana Vozone
Local time: 16:36
Does not meet criteria
Specializes in field
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 19

Peer comments on this answer (and responses from the answerer)
disagree  B D Finch: This is not about attaining a specific value, but about applications having to arrive before determination of the Net Asset Value for that dealing day; presumably to prevent applications being made, or not made, in the light of knowledge of that value.
22 hrs
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11 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
est determinée


Explanation:
A dealing day ends at a specific point in time. It is at that point that the Net Asset Value with respect to a Dealing Day is determined

--------------------------------------------------
Note added at 1 day6 hrs (2016-09-14 18:35:27 GMT)
--------------------------------------------------

BREAKING DOWN 'Net Asset Value - NAV'
In the context of mutual funds, NAV per share is computed once per day based on the closing market prices of the securities in the fund's portfolio. All of the buy and sell orders for mutual funds are processed at the NAV of the trade date. However, investors must wait until the following day to get the trade price. Mutual funds pay out virtually all of their income and capital gains. As a result, changes in NAV are not the best gauge of mutual fund performance, which is best measured by annual total return.

Because ETFs and closed-end funds trade like stocks, their shares trade at market value, which can be a dollar value above (trading at a premium) or below (trading at a discount) NAV. ETFs have their NAV calculated daily at the close of the market for reporting purposes, but they also calculate intra-day NAV multiple times per minute in real time.





Francois Boye
United States
Local time: 11:36
Meets criteria
Native speaker of: Native in FrenchFrench
PRO pts in category: 60
Grading comment
Merci

Peer comments on this answer (and responses from the answerer)
neutral  B D Finch: Net Asset Value might not be struck at the end of the dealing day. Have you any evidence that it is?
12 hrs
  -> My explanation is correct. What is unclear is whether it fits 100% this context
agree  Germaine: ou calculée ou arrêtée. // See discussion. Quand tu as raison, tu as raison. Je n'ai aucune hésitation à le reconnaître.
1 day 18 mins
  -> Why did you change your mind?
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