Sep 4, 2014 08:03
9 yrs ago
6 viewers *
Spanish term
Frente
Spanish to English
Bus/Financial
SAP
Fraud detection
Hi,
Can anyone shed some light on what "frente" could possible mean?
Here are the phrases that it appears in:
aquel cliente que tenga un “índice de facturación neta” menor al 80% a nivel Frente*
Frente = nivel más bajo de la estructura de un cliente a la cual se le puede facturar.
Ejemplo Holding > Cliente > Frente
Si el frente del cliente tiene menos de 3 meses de creación y se presenta criterio 1 o criterio 2
el monto mensual facturado en volumen no es igual al monto despachado por frente de cliente
La dirección de despacho de un frente de un determinado cliente es igual al frente de otro holding distinto.
Thanks for any input
Regards
Can anyone shed some light on what "frente" could possible mean?
Here are the phrases that it appears in:
aquel cliente que tenga un “índice de facturación neta” menor al 80% a nivel Frente*
Frente = nivel más bajo de la estructura de un cliente a la cual se le puede facturar.
Ejemplo Holding > Cliente > Frente
Si el frente del cliente tiene menos de 3 meses de creación y se presenta criterio 1 o criterio 2
el monto mensual facturado en volumen no es igual al monto despachado por frente de cliente
La dirección de despacho de un frente de un determinado cliente es igual al frente de otro holding distinto.
Thanks for any input
Regards
Proposed translations
4 hrs
Front
As in front office? Just guessing really....
Reference comments
7 hrs
Reference:
Wikipedia
Found this in good ole Wikipedia - could it be relevant?
Front running
From Wikipedia, the free encyclopedia
This article is about the financial practice. For the practice as applied to domain names, see domain name front running.
Front running is the illegal practice of a stockbroker executing orders on a security for its own account while taking advantage of advance knowledge of pending orders from its customers. When orders previously submitted by its customers will predictably affect the price of the security, purchasing first for its own account gives the broker an unfair advantage, since it can expect to close out its position at a profit based on the new price level. The front running broker either buys for his own account (before filling customer buy orders that drive up the price), or sells (where the broker sells for its own account, before filling customer sell orders that drive down the price).[1]
Allegations of front running occasionally arise in stock and commodity exchanges, in scandals concerning floor brokers and exchange specialists.[2] In 2003, several hedge fund and mutual fund companies became embroiled in an illegal late trading scandal made public by a complaint against Bank of America brought by New York Attorney General Eliot Spitzer. A resulting U.S. Securities and Exchange Commission investigation into allegations of front-running activity implicated Edward D. Jones & Co., Inc., Goldman Sachs, Morgan Stanley, Strong Mutual Funds, Putnam Investments, Invesco, and Prudential Securities.[3]
Front running
From Wikipedia, the free encyclopedia
This article is about the financial practice. For the practice as applied to domain names, see domain name front running.
Front running is the illegal practice of a stockbroker executing orders on a security for its own account while taking advantage of advance knowledge of pending orders from its customers. When orders previously submitted by its customers will predictably affect the price of the security, purchasing first for its own account gives the broker an unfair advantage, since it can expect to close out its position at a profit based on the new price level. The front running broker either buys for his own account (before filling customer buy orders that drive up the price), or sells (where the broker sells for its own account, before filling customer sell orders that drive down the price).[1]
Allegations of front running occasionally arise in stock and commodity exchanges, in scandals concerning floor brokers and exchange specialists.[2] In 2003, several hedge fund and mutual fund companies became embroiled in an illegal late trading scandal made public by a complaint against Bank of America brought by New York Attorney General Eliot Spitzer. A resulting U.S. Securities and Exchange Commission investigation into allegations of front-running activity implicated Edward D. Jones & Co., Inc., Goldman Sachs, Morgan Stanley, Strong Mutual Funds, Putnam Investments, Invesco, and Prudential Securities.[3]
Peer comments on this reference comment:
neutral |
Judith Armele
: I don't think this fits the context as it is referred to investments, brokerage.
26 mins
|
Discussion
no matter how remote...
;)