Glossary entry (derived from question below)
French term or phrase:
créances adossées à des actifs
English translation:
asset-backed securities
Added to glossary by
Swiss Bankers
Jul 2, 2014 07:49
9 yrs ago
French term
créances adossées à des actifs
French to English
Bus/Financial
Finance (general)
(AMF) Formulaire de notification d’exercice d’activité
Very similar to the question I asked 5 min ago.
The last 4 words mean "asset-backed": it's "creances" I'm not sure about here.
"Les investissements immobiliers qui seront réalisés auront pour but de dégager un revenu régulier pour les clients d’ABC Company et de créer de la valeur dans le cadre d’une gestion dynamique basée principalement sur l’expertise immobilière de la société et sur des équipes locales d’assets managers : identification d’actifs immobiliers, type d’actif, connaissance du marché, conjoncture économique et état des marchés financiers. Les investissements immobiliers peuvent couvrir toute typologie d’actifs : bureaux, commerces, résidentiel, industriel, logistique, hôtelier ou autres secteurs alternatifs (loisirs, médical, logement étudiants, …).
ABC Company pourra investir ou conseiller d’investir dans des créances adossées à des actifs ou portefeuilles immobiliers ou des infrastructures."
Many thanks
The last 4 words mean "asset-backed": it's "creances" I'm not sure about here.
"Les investissements immobiliers qui seront réalisés auront pour but de dégager un revenu régulier pour les clients d’ABC Company et de créer de la valeur dans le cadre d’une gestion dynamique basée principalement sur l’expertise immobilière de la société et sur des équipes locales d’assets managers : identification d’actifs immobiliers, type d’actif, connaissance du marché, conjoncture économique et état des marchés financiers. Les investissements immobiliers peuvent couvrir toute typologie d’actifs : bureaux, commerces, résidentiel, industriel, logistique, hôtelier ou autres secteurs alternatifs (loisirs, médical, logement étudiants, …).
ABC Company pourra investir ou conseiller d’investir dans des créances adossées à des actifs ou portefeuilles immobiliers ou des infrastructures."
Many thanks
Proposed translations
(English)
| 4 | asset-backed securities |
rkillings
|
| 4 +1 | mortgage backed securities |
Octavio Armendariz
|
Proposed translations
1 day 20 hrs
Selected
asset-backed securities
Universally abbreviated as ABSs. The archetypal securitisation vehicles.
'Securities' is correct here for "créances": the thing that is backed is necessarily a financial instrument. The assets used to back it are typically 'receivables': loan receivables, credit card receivables, etc.
But keep 'mortgage' out of it. Mortgage-backed securities (MBSs) are just *one* type of ABS -- one where all the assets backing it are mortgage-loan receivables. Even in a real estate context, not all property loans are mortgage loans.
'Securities' is correct here for "créances": the thing that is backed is necessarily a financial instrument. The assets used to back it are typically 'receivables': loan receivables, credit card receivables, etc.
But keep 'mortgage' out of it. Mortgage-backed securities (MBSs) are just *one* type of ABS -- one where all the assets backing it are mortgage-loan receivables. Even in a real estate context, not all property loans are mortgage loans.
4 KudoZ points awarded for this answer.
Comment: "thank you, RK"
+1
7 hrs
Octavio Armendariz
United States
United States
Native in English
Specializes in field
United States
FR-EN specializing in finance and law
Native in: English
Works in: French to English, Spanish to English
Related KudoZ points
:
12
mortgage backed securities
A type of asset-backed security that is secured by a mortgage or collection of mortgages. These securities must also be grouped in one of the top two ratings as determined by a accredited credit rating agency, and usually pay periodic payments that are similar to coupon payments. Furthermore, the mortgage must have originated from a regulated and authorized financial institution.
Also known as a "mortgage-related security" or a "mortgage pass through."
Also known as a "mortgage-related security" or a "mortgage pass through."
Reference:
Note from asker:
| thank you, Octavio |
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