quarter point

Romanian translation: sfert de punct (procentual)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:quarter point
Romanian translation:sfert de punct (procentual)
Entered by: Peter Shortall

00:05 Jan 12, 2007
English to Romanian translations [PRO]
Bus/Financial - Investment / Securities / investment
English term or phrase: quarter point
toata fraza suna asa: the Bank raise its benchmark interest rate by a quarter point to 0.5 per cent at its next policy meeting.
Multumesc anticipat
Elena Mohammadi
Local time: 15:15
un sfert de punct (procentual)
Explanation:
Or "0.25 puncte procentuale", maybe. I just wonder whether they mean (a) it will rise *to* 0.5% from 0.25%, or (b) it will rise *by* between 0.25% and 0.5% (in theory the sentence could mean either). In any case, they're talking about percentage points and we could paraphrase it as "a quarter of a percentage point."

They use "point" for these things in order to avoid ambiguity - they have in mind a scale of 0-100% for interest rates, of course. If the interest rate was, let's say, 10% and they simply said "it will rise by 0.25%", that would literally mean it would rise by 0.25% *of 10%*, which would actually equate to an increase of 0.025% (i.e. to 10.025%). But if they say "it will rise by a quarter point", they mean it will rise by 0.25% - i.e. from 10% to 10.25%.

"Politica monetara ramane una de acomodare, si banca centrala se afla intr-o alerta permanenta in ceea ce priveste nivelul inflatiei si factorii care o determina, a spus Jean Claude Trichet la conferinta ce a urmat sedintei de saptamana trecuta in care BCE a ridicat rata dobanzilor cu un sfert de punct procentual, pana la 3,5%, a sasea crestere din decembrie 2005 incoace, scrie Financial Times."
http://www.zf.ro/articol_105019/bce_ar_putea_majora_din_nou_...
Selected response from:

Peter Shortall
United Kingdom
Grading comment
Multumesc mult
4 KudoZ points were awarded for this answer



Summary of answers provided
2 +4un sfert de punct (procentual)
Peter Shortall


  

Answers


1 hr   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +4
un sfert de punct (procentual)


Explanation:
Or "0.25 puncte procentuale", maybe. I just wonder whether they mean (a) it will rise *to* 0.5% from 0.25%, or (b) it will rise *by* between 0.25% and 0.5% (in theory the sentence could mean either). In any case, they're talking about percentage points and we could paraphrase it as "a quarter of a percentage point."

They use "point" for these things in order to avoid ambiguity - they have in mind a scale of 0-100% for interest rates, of course. If the interest rate was, let's say, 10% and they simply said "it will rise by 0.25%", that would literally mean it would rise by 0.25% *of 10%*, which would actually equate to an increase of 0.025% (i.e. to 10.025%). But if they say "it will rise by a quarter point", they mean it will rise by 0.25% - i.e. from 10% to 10.25%.

"Politica monetara ramane una de acomodare, si banca centrala se afla intr-o alerta permanenta in ceea ce priveste nivelul inflatiei si factorii care o determina, a spus Jean Claude Trichet la conferinta ce a urmat sedintei de saptamana trecuta in care BCE a ridicat rata dobanzilor cu un sfert de punct procentual, pana la 3,5%, a sasea crestere din decembrie 2005 incoace, scrie Financial Times."
http://www.zf.ro/articol_105019/bce_ar_putea_majora_din_nou_...

Peter Shortall
United Kingdom
Native speaker of: English
PRO pts in category: 4
Grading comment
Multumesc mult

Peer comments on this answer (and responses from the answerer)
agree  lucca: Termen consacrat
3 hrs
  -> Mulţumesc, Lucian!

agree  Monika Silea: cu un sfert de punct procentual, pana la 0.5
5 hrs
  -> Mulţumesc, Monika!

agree  Bogdan Burghelea
5 hrs
  -> Mulţumesc, Bogdan!

agree  Nona Stanciu Dell'Acqua
20 hrs
  -> Mulţumesc, Nona!
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