GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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14:52 Nov 30, 2009 |
German to English translations [PRO] Bus/Financial - Investment / Securities / Stocks and Shares | |||||||
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| Selected response from: Steffen Walter Germany Local time: 17:46 | ||||||
Grading comment
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Summary of answers provided | ||||
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3 +4 | backed by cash / cash-backed |
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4 | with cash reserves |
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3 | financed with cash |
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backed by cash / cash-backed Explanation: The "Börsenwert" appears to be the market capitalisation or (stock) market value of the company. See http://articles.moneycentral.msn.com/learn-how-to-invest/che... "Now, in this severe bear market, some stock prices have been beaten down so much that the overall market value of many companies is lower than this cash on hand. Whatever money you put into these stocks is <B>backed by the same amount or more in cash</B>, so you are getting the business for free. Even companies that have only half of their total market capitalization <B>backed by cash</B> belong in this same cash-rich category. They're compelling buys that are likely to outperform for two simple reasons: ..." |
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Grading comment
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