Tagequotient

09:05 Feb 8, 2017

This question was closed without grading. Reason: Answer found elsewhere

German to English translations [PRO]
Bus/Financial - Investment / Securities

German term or phrase: Tagequotient

"Tagequotient" bezeichnet bei der Berechnung des Ausschüttungsbetrages für einen beliebigen Zeitraum die tatsächliche Anzahl der Tage in diesem Berechnungszeitraum geteilt durch die tatsächliche Anzahl der Tage der (gesamten) Ausschüttungsperiode in die der Berechnungszeitraum fällt.

I understand exactly what the Tagequotient is and the function it serves (i.e. to permit a pro rata distribution on an instrument that is withdrawn before the end of the full calculation period), but am struggling to find a non-verbose English rendering for it.

Michael Bailey KudoZ activity Questions: 203 (none open) (12 closed without grading) Answers: 282 Austria
Local time: 00:44

Summary of answers provided

daily average share

gangels (X)

Discussion entries: 5

Answers

1 day 5 hrs confidence:

daily average share

Explanation:
would be understood by everybodyxxxxxx

gangels (X)
Local time: 16:44
Works in field
Native speaker of:

English,

German
PRO pts in category: 45

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