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emittentengeschützt

English translation: issuer-protected

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:emittentengeschützt
English translation:issuer-protected
Entered by: Blaess

16:52 Oct 15, 2009
German to English translations [PRO]
Bus/Financial - Investment / Securities
German term or phrase: emittentengeschützt
This term comes from a text dealing with a precious metals portfolio (specifically, gold). I have included a few sentences to provide some context.

Die xxx AG erwirbt Gold in physischer Form für den Anleger. Dieser wiederum profitiert von sehr günstigen Einkaufskonditionen, da wir das Gold direkt vom Hersteller beziehen und die Margen der Zwischenhändler entfallen. Das Gold wird versichert und dann separat bei der depotführenden Bank verwahrt. Es ist **==>emittentengeschützt
David Wheatley
Local time: 12:32
issuer protected
Explanation:
just perfect; alternative: issuer protection
common expression, e.g.:

Basically, this process provides the issuer protection from legal challenges subsequent to the issuance of bonds.
http://books.google.de/books?id=qaEQezFGZD0C&pg=PA51&lpg=PA5...

8. Bond-style versus Loan-style Debt Issues, Andrew Malcolm, Linklaters & Paines, Hong Kong
A. The Evolutionary Pressures
B. Comparison of Syndicated Loan and Bond Documentation
Disclosure
Lender Protection Clauses
Issuer Protection Provisions
C. Documenting Loan-style Securities Issues
D.The Asian Market
Market Standard for Due Diligence
Leadership and Liability
Transparency
E. Conclusion
http://feeds.fairinvestment.co.uk/Bookshop/Book/The Capital ...

A prompt delivery requirement, with penalties for delivery failure, are essential
for investor and issuer protection.
http://www.sec.gov/comments/s7-12-06/mhelburn5643.pdf



--------------------------------------------------
Note added at 1 hr (2009-10-15 18:10:35 GMT)
--------------------------------------------------

Modification of the Issuer Supplemental Trust Deed
The following modifications have been made to Schedule 1 (Restated Conditions of the Notes) to the Issuer Supplemental Trust Deed:
Paragraph (E) of Condition 5(c)(iii) (Application of Issuer Protected Proceeds) has been deleted in its entirety and replaced with the following (underlined text is used herein only for the purposes of identification of additional text):
http://www.lse.co.uk/regulatory-news-article.asp?shareprice=...


Exchanges issue offsetting positions, so that when one position retreats in value, the
offsetting position advances in value in an equal amount leaving the issuer protected (hedged)
against loss.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1270265
http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1270265_code...

alternative: issuer hedged (not common, though)
Selected response from:

Blaess
Germany
Local time: 13:32
Grading comment
Thanks.
2 KudoZ points were awarded for this answer



Summary of answers provided
4 +2issuer protected
Blaess
1 -1insolvency protection certificate
andres-larsen


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
issuer protected


Explanation:
just perfect; alternative: issuer protection
common expression, e.g.:

Basically, this process provides the issuer protection from legal challenges subsequent to the issuance of bonds.
http://books.google.de/books?id=qaEQezFGZD0C&pg=PA51&lpg=PA5...

8. Bond-style versus Loan-style Debt Issues, Andrew Malcolm, Linklaters & Paines, Hong Kong
A. The Evolutionary Pressures
B. Comparison of Syndicated Loan and Bond Documentation
Disclosure
Lender Protection Clauses
Issuer Protection Provisions
C. Documenting Loan-style Securities Issues
D.The Asian Market
Market Standard for Due Diligence
Leadership and Liability
Transparency
E. Conclusion
http://feeds.fairinvestment.co.uk/Bookshop/Book/The Capital ...

A prompt delivery requirement, with penalties for delivery failure, are essential
for investor and issuer protection.
http://www.sec.gov/comments/s7-12-06/mhelburn5643.pdf



--------------------------------------------------
Note added at 1 hr (2009-10-15 18:10:35 GMT)
--------------------------------------------------

Modification of the Issuer Supplemental Trust Deed
The following modifications have been made to Schedule 1 (Restated Conditions of the Notes) to the Issuer Supplemental Trust Deed:
Paragraph (E) of Condition 5(c)(iii) (Application of Issuer Protected Proceeds) has been deleted in its entirety and replaced with the following (underlined text is used herein only for the purposes of identification of additional text):
http://www.lse.co.uk/regulatory-news-article.asp?shareprice=...


Exchanges issue offsetting positions, so that when one position retreats in value, the
offsetting position advances in value in an equal amount leaving the issuer protected (hedged)
against loss.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1270265
http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1270265_code...

alternative: issuer hedged (not common, though)


Blaess
Germany
Local time: 13:32
Native speaker of: Native in GermanGerman
PRO pts in category: 2
Grading comment
Thanks.

Peer comments on this answer (and responses from the answerer)
agree  Monika Elisabeth Sieger
15 hrs
  -> Danke!
agree  Rolf Keiser
18 hrs
  -> Danke!
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 1/5Answerer confidence 1/5 peer agreement (net): -1
insolvency protection certificate


Explanation:
xxx AG acquires gold in physical form for the investor. The latter in turn benefits from very favorable purchasing conditions, as we buy the gold directly from the producer thereby eliminating intermediation margins. The gold is insured and then separately deposited with the custodian bank. There it is collateralized with an ***insolvency protection certificate*** and can also be delivered in physical form to the investor were this to be required.


--------------------------------------------------
Note added at 1 hr (2009-10-15 18:17:52 GMT)
--------------------------------------------------

xxx AG acquires gold in physical form for the investor. The latter in turn benefits from very favorable purchasing conditions, as we buy the gold directly from the producer thereby eliminating intermediation margins. The gold is insured and then separately deposited with the custodian bank which collateralizes it with an ***insolvency protection certificate***. The gold can also be delivered in physical form to the investor were this to be required.


andres-larsen
Venezuela
Local time: 07:32
Native speaker of: Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
disagree  Kim Metzger: What's the purpose of your reference? Where's the connection between the source term and the target term?
9 mins
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