Member since Aug '11

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English to Serbian
Serbian to English
Bosnian to English
Croatian to English
English to Bosnian

Vesna Maširević
Economist ~ Business, Legal, IT, QA

Serbia
Local time: 04:22 CEST (GMT+2)

Native in: Serbian Native in Serbian, Serbo-Croat Native in Serbo-Croat
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Account type Freelance translator and/or interpreter, Identity Verified Verified member
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Affiliations This person is not affiliated with any business or Blue Board record at ProZ.com.
Services Translation, Editing/proofreading, Website localization, Software localization, Subtitling
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Specializes in:
Law (general)Law: Contract(s)
Business/Commerce (general)Economics
AccountingFinance (general)
Food & DrinkIT (Information Technology)
Marketing / Market ResearchInsurance

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KudoZ activity (PRO) PRO-level points: 1855, Questions answered: 713, Questions asked: 25
Project History 2 projects entered    2 positive feedback from outsourcers

Payment methods accepted Wire transfer, PayPal
Portfolio Sample translations submitted: 3
English to Serbian: Mathematics for Finance
General field: Bus/Financial
Detailed field: Mathematics & Statistics
Source text - English
Arbitrage Pricing of Bonds

Suppose that we are given the binomial tree of bond prices B(n,N;sn) for a bond maturing at the fixed time horizon N. In addition, we are given the money market process A(n;sn_i). As was mentioned in the introduction to this chapter, the prices of other bonds cannot be completely arbitrary. We shall show that the prices B{n, M; sn) for M < N can be replicated by means of bonds with maturity N and the money market. As a consequence of the No-Arbitrage Principle, the prices of B{n, M; sn) will have to be equal to the values of the corresponding replicating strategies.

Example 2
Consider the data in Example 1. At the first step the short rate is deterministic, being implied by the price B(0,1). The first two values of the money market account are A(0) = 1 and A(l) = 1.01. As the underlying instrument we take the bond maturing at time 3. The prices of this bond at time 0 and 1 are given in Figure 9, along with the prices of the bond maturing at time 2. We can find a portfolio (x, y), with x being the number of bonds of maturity 3, and y the position in the money market, such that the value of this portfolio matches the time 1 prices of the bond maturing at time 2. To this end we solve the following system of equations
0.9848x+ l.Oly = 0.9948, 0.9808x+ l.Oly = 0.9907,
obtaining x = 1 and y = 0.0098. The value of this portfolio at time 0 is 1 x B(0, 3) + 0.0098 x A(0) = 0.9824, which is not equal to B(0, 2).
The prices in Figure 9 provide an arbitrage opportunity:
• Sell a bond maturing at time 2 for $0.9828 and buy the portfolio for $0.9824.
• Whatever happens at time 1, the value of the portfolio will be sufficient to buy the bond back, the initial balance $0.0004 being the arbitrage profit.
Translation - Serbian
Arbitražno određivanje cena obveznica

Neka je dato binomno stablo cena obveznica B(n,N;sn) za obveznicu koja dospeva u nekom fiksnom vremenskom horizontu N. Pored toga, dat je proces tržišta novca A(n;sn-1). Kako je navedeno u uvodnom delu ovog poglavlja, cene ostalih obveznica ne mogu biti potpuno arbitražne. Pokazaćemo da se cene B(n,M;sn) za M < N mogu replikovati pomoću obveznica sa dospećem N i tržišta novca. Kao posledica načela nepostojanja arbitraže, cene B(n,M;sn) moraju biti jednake vrednostima odgovarajućih strategija replikovanja.

Primer 2
Uzmimo podatke iz primera 1. U prvom koraku je promptna stopa deterministička, na šta ukazuje cena B(0,1). Prve dve vrednosti računa tržišta novca su A(0) = 1 i A(1) = 1,01. Kao osnovni instrument, uzimamo da obveznica dospeva u vreme 3. Cene ove obveznice u vreme 0 i 1 date su na slici 9, zajedno sa cenama obveznice koja dospeva u vreme 2. Možemo izračunati portfolio (x, y) gde je x broj obveznica sa dospećem 3, a y pozicija na tržištu novca, tako da vrednost ovog portfolija odgovara cenama iz vremena 1 za obveznicu koja dospeva u vreme 2. U tu svrhu rešavamo sledeći sistem jednačina
0.9848x+ l.Oly = 0.9948, 0.9808x+ l.Oly = 0.9907,
dobijajući da je x = 1 i y ≈ 0,0098. Vrednost ovog portfolija u vreme 0 je 1 x B(0, 3) + 0,0098 x A(0) ≈ 0,9824, što nije jednako B(0, 2).
Cene sa slike 9. obezbeđuju mogućnost arbitraže:
• Prodati obveznicu koja dospeva u vreme 2 za 0,9828 USD i kupiti portfolio za 0,9824 USD.
• Šta god da se desi u vreme 1, vrednost portfolija će biti dovoljna da se obveznica otkupi nazad, pri čemu će početno stanje od 0,0004 USD biti arbitražni profit.
English to Serbian: HACCP food safety
General field: Tech/Engineering
Detailed field: Food & Drink
Source text - English
The HACCP food safety team shall conduct a hazard analysis to identify hazards which need to be prevented, eliminated or reduced to acceptable levels. Consideration shall be given to the following as a minimum:
• likely occurrence of hazard
• severity of the effects on consumer safety
• vulnerability of those exposed
• survival and multiplication of micro-organisms of concern
• presence or production of toxins, chemicals or foreign bodies
• contamination of raw materials, intermediate/semi-processed product, or finished product
• potential for adulteration/deliberate contamination.

Determine the Critical Control Points(CCP) – Codex Alimentarius Step 7, Principle 2
For each hazard that requires control, control points shall be reviewed to identify those that are critical. This requires a logical approach and may be facilitated by use of a decision tree. CCPs shall be those control points which are required in order to prevent, eliminate or reduce a food safety hazard to acceptable levels. If a hazard is identified at a step where control is necessary for safety but the control does not exist, the product or process shall be modified at that step, or at an earlier or later step, to provide a control measure.

Establish Critical Limits for each Critical Control Point – Codex Alimentarius Step 8, Principle 3
For each CCP, the appropriate critical limits shall be defined in order to identify clearly if the process is in or out of control and if the identified acceptable level of the food safety hazard in the finished product is likely to be exceeded. Critical limits shall be measurable wherever possible (e.g. time, temperature, pH) and the rationale for their establishment clearly documented. The HACCP food safety team shall take into account relevant legislation or codes of practice when establishing critical limits.
Any critical limits based on subjective data (such as visual inspection) shall be supported by clear guidance or examples.
Translation - Serbian
HACCP tim za bezbednost hrane mora izvršiti analizu opasnosti kako bi identifikovao opasnosti koje je potrebno sprečiti, eliminisati ili redukovati na prihvatljive nivoe. Neophodno je uzeti u obzir bar sledeće:
• verovatnoća pojave opasnosti
• težina posledica po bezbednost potrošača
• podložnost onih koji su izloženi opasnosti
• opstanak i umnožavanje relevantnih mikroorganizama
• prisustvo ili stvaranje toksina, hemikalija ili stranih tela
• kontaminacija sirovina, među/polu-proizvoda, ili gotovog proizvoda
• potencijal za zagađivanje/namernu kontaminaciju.

Odrediti kritične kontrolne tačke (CCP) – Codex Alimentarius Korak 7, Princip 2
Za svaku opasnost koja iziskuje kontrolu moraju se razmotriti kontrolne tačke kako bi se identifikovale one koje su kritične. To iziskuje logički pristup i može se sprovesti uz pomoć stabla odlučivanja. CCP tačke moraju biti one kontrolne tačke koje su neophodne da bi se opasnost po bezbednost hrane sprečila, eliminisala ili redukovala na prihvatljive nivoe. Ukoliko je neka opasnost identifikovana na nekom koraku gde je kontrola neophodna za bezbednost ali se takva kontrola ne vrši, tada se proizvod ili proces moraju modifikovati na tom, odnosno na nekom ranijem ili kasnijem koraku, kako bi se obezbedila neka kontrolna mera.

Uspostaviti kritične granice za svaku kritičnu kontrolnu tačku – Codex Alimentarius Korak 8, Princip 3
Za svaku CCP, moraju biti definisane odgovarajuće kritične granice kako bi se jasno utvrdilo da li je proces pod kontrolom ili ne i da li se može očekivati da će određeni prihvatljivi nivo opasnosti po bezbednost hrane biti prekoračen. Kritične granice moraju biti merljive kada god je to moguće (npr. vreme, temperatura, pH), a obrazloženje za njihovo postavljanje mora biti jasno dokumentovano. Pri utvrđivanju kritičnih granica, HACCP tim za bezbednost hrane uzima u obzir važeće zakonodavstvo i pravilnike.
Sve kritične granice zasnovane na subjektivnim podacima (kao što je vizuelna kontrola) moraju biti potkrepljene jasnim uputstvima ili primerima.
Serbian to English: Official website of the City of Sombor
Source text - Serbian
http://www.sombor.rs
Translation - English
http://www.sombor.rs/more-details-about-sombor

Glossaries Accounting, Business, EU Projects, Finance, General, History & Religion, HR, Insurance, IT, Legal

Translation education Other - Faculty of Economics Subotica, University of Novi Sad; University of Cambridge ESOL Business English Certificate Vantage
Experience Years of experience: 22. Registered at ProZ.com: Apr 2011. Became a member: Aug 2011.
Credentials Serbian to English (Cambridge University (ESOL Examinations), verified)
English to Serbian (Cambridge University (ESOL Examinations), verified)
English to Serbo-Croat (Cambridge University (ESOL Examinations), verified)
Serbo-Croat to English (Cambridge University (ESOL Examinations), verified)
English (Cambridge University (ESOL Examinations), verified)
Memberships Association of Scientific and Technical Translators of Serbia
Software Dreamweaver, MateCat, MemSource Cloud, Microsoft Excel, Microsoft Word, Subtitle Workshop, WordPress, Xbench, Plunet BusinessManager, Powerpoint, Subtitle Workshop, Trados Studio
Events and training
Professional practices Vesna Maširević endorses ProZ.com's Professional Guidelines.
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This user has earned KudoZ points by helping other translators with PRO-level terms. Click point total(s) to see term translations provided.

Total pts earned: 1895
PRO-level pts: 1855


Top languages (PRO)
English to Serbian768
English to Croatian357
Serbian to English327
Croatian to English192
English to Bosnian111
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Bus/Financial602
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Tech/Engineering279
Other271
Social Sciences115
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Law: Contract(s)167
Law (general)150
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This user has reported completing projects in the following job categories, language pairs, and fields.

Project History Summary
Total projects2
With client feedback2
Corroborated2
100% positive (2 entries)
positive2
neutral0
negative0

Job type
Translation1
Project management1
Language pairs
Serbian to English2
English to Serbian1
Specialty fields
International Org/Dev/Coop2
Environment & Ecology1
IT (Information Technology)1
Food & Drink1
Economics1
Other fields
Keywords: legal, business, finance, accounting, commercial law, corporate governance, marketing, tourism, FMCG, supply chain. See more.legal, business, finance, accounting, commercial law, corporate governance, marketing, tourism, FMCG, supply chain, IT, localisation, advertising, agreements, allergens, analyses, audit, balance sheet, banking, bookkeeping, BRC, brochures, buying, call-off, catalogues, certificates, certified translation, chemistry, code of conduct, commerce, commercial law, consumers, consumption, contracts, cooperation, cross-border, customs clearance, declarations, distribution, economics, economy, education, energy efficiency, English, environment, environmental protection, ethics, EU projects, experienced, financial statements, food safety, Forex, freelancer, freight forwarding, GCL, government, HACCP, human resources, ICT, income statement, information, insurance, instructions, intellectual property, international, invoice, invoicing, Internet, IPA, ISO, IT, labeling, labor law, legislation, licence, local self-government, logistics, manual, manufacturing, material safety data sheets, microbiology, MSDS, negotiations, newsletters, NGO, nutrition statements, offers, packaging, planning, poetry, pro-forma invoice, professional, procurement, producer, production, promotion, public finance, public utilities, purchasing, QA, QM, QMS, quality, R&D, recipes, regional, regulations, sales, SAP, Serbian, Serbo-Croat, securities, shipping, sourcing, specification, standard, statistics, supplier, sworn translation, taxes, tender, tests, training, translation, translate, translator, transport, waste management, warehousing, websites. See less.


Profile last updated
Apr 22