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Abrechnung für Kurssicherung

English translation: the hedge funds account

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Abrechnung für Kurssicherung
English translation:the hedge funds account
Entered by: Nicholas Krivenko

04:16 Nov 4, 2007
German to English translations [PRO]
Bus/Financial - Accounting
German term or phrase: Abrechnung für Kurssicherung
Die sonstigen betrieblichen Erträge in Höhe von XXX € enthalten überwiegend Kursgewinne, die im Zusammenhang mit der Rohstoffbeschaffung entstanden sind, und Erträge aus der Abrechnung des Konsortiums für Kurssicherung.

TIA
Cristina Moldovan do Amaral
United States
Local time: 17:56
the hedge funds account
Explanation:
No research was done here at all, so I am not sure about the fund part of it. I know there is an organisation, a consortium of German banks that provides hedging services. Kurssicherung is hedging, so take it from here maybe. Unless you know that much yourself. :-))
Selected response from:

Nicholas Krivenko
Ireland
Local time: 01:56
Grading comment
thank you!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1the hedge funds account
Nicholas Krivenko
3Settlement for hedging
punit226


Discussion entries: 1





  

Answers


34 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
the hedge funds account


Explanation:
No research was done here at all, so I am not sure about the fund part of it. I know there is an organisation, a consortium of German banks that provides hedging services. Kurssicherung is hedging, so take it from here maybe. Unless you know that much yourself. :-))

Nicholas Krivenko
Ireland
Local time: 01:56
Works in field
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 16
Grading comment
thank you!

Peer comments on this answer (and responses from the answerer)
agree  stanley lawson: "consortium's hedge fund" sound good
1 day 7 hrs
  -> Thanks and you are right, it does sound good with the consortium added. It was left out of the actual question and this is why I omitted it as well. Thanks for your support once again!
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1 day 2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Settlement for hedging


Explanation:
from the settlement of XYZ for exchange hedging/forward cover

punit226
Local time: 06:26
Specializes in field
Native speaker of: Native in EnglishEnglish
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