Glossary entry

English term or phrase:

unwind

Czech translation:

zrušit/reverzovat

Added to glossary by jankaisler
Oct 2, 2010 15:52
13 yrs ago
English term

unwind

English to Czech Bus/Financial Finance (general)
Smlouva o zajištění měnových rizik prostřednictvím forwardových smluv:
Company XXX will "unwind" the external forward that relates to the internal forward typically two or three days prior to maturity. Company XXX will effect the "unwind" by selecting one of the two currency legs of the external forward and either selling that currency (if company XXX had agreed to originally buy it in the external forward) or buying that currency (if company XXX had agreed to originally sell it in the external forward). Company XXX will execute this "unwind" of the external forward in the foreign exchange market with a third party financial institution for the same maturity date as the external forward.
Proposed translations (Czech)
3 zrušit/reverzovat
Change log

Oct 7, 2010 06:42: jankaisler changed "Edited KOG entry" from "<a href="/profile/766841">Hanka_Kot's</a> old entry - "unwind"" to ""zrušit/reverzovat""

Proposed translations

40 mins
Selected

zrušit/reverzovat

unwind a trade = to reverse a securities transaction through an offsetting transaction
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Děkuji!"
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search