Feb 17, 2015 22:52
9 yrs ago
angielski term

cap-down brokerage recaps

angielski > polski Biznes/finanse Biznes/handel (ogólne)
w zdaniu: ""I have to finish some important presentation prep on some cap-down brokerage recaps
that just need some tweaking."
Ogólnie chodzi o przygotowanie oferty, dzięki której podpiszą kontrakt z dużą firmą.

Discussion

Dorota Nowakówna (asker) Feb 18, 2015:
Dziękuję za pomysły! Będę wdzięczna za pomoc w znalezieniu zgrabnego wyrażenia po polsku.
Frank Szmulowicz, Ph. D. Feb 18, 2015:
I will be very glad to let others take the lead in cobbling together a sensible answer.
mike23 Feb 18, 2015:
Frank, if you feel confident enough you may enter sth.
Frank Szmulowicz, Ph. D. Feb 18, 2015:
Here, cap appears to function as an "upper limit" and "cap down" as upper limit on the downswing in the rate.
mike23 Feb 18, 2015:
See this one too
INITIAL CAP DOWN % - For ARMs, the maximum amount that the mortgage note rate may decrease at the first interest rate adjustment date...
http://www.google.pl/url?sa=t&rct=j&q=&esrc=s&source=web&cd=...
Frank Szmulowicz, Ph. D. Feb 18, 2015:
Sounds like financial slang. This instance of cap appears to refer to capitalization.
mike23 Feb 18, 2015:
Yes. I found sth, but don't know if it's the right direction
--
As for a owned property moving out of the cash flow zone, it depends on which way it has moved and why. Either you have an equity gain (cap down) or a loss (cap up). So do you cut your losses (sell), stay the course, refinance and reinvest, deleverage (and with what strategy)? This is why it is necessary to understand the local market, the forces at work in it and to study economic conditions and trends.
http://myreinspace.com/public_forums/General_Discussion/61-2...
Frank Szmulowicz, Ph. D. Feb 18, 2015:
@Michał: All we need now is to decipher cap-down. If you take care of cap-down, I will take care of tweaking.
mike23 Feb 18, 2015:
I think Frank is right - brokerage recapture

Directed brokerage (commission recapture) – arrangements whereby a proportion of commission on certain trades is not retained by the broker, but set aside to be paid ultimately to the underlying funds on whose behalf the trades were executed; this may or may not involve an intermediary (e.g. Frank Russell, State Street, Lynch Jones Ryan) who collects payments from the brokers and manages the payment to the end funds.
http://goo.gl/Mzmi1n
Frank Szmulowicz, Ph. D. Feb 18, 2015:
This may be "brokerage recapture" for recaps.

Proposed translations

  18 godz.

górna granica obniżki częściowego odzysku kosztów pośrednictwa

Here, I am interpreting cap down as the upper limit on a possible decrease in brokarage recapture.


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Directed brokerage (commission recapture) – arrangements whereby a proportion of commission on certain trades is not retained by the broker, but set aside to be paid ultimately to the underlying funds on whose behalf the trades were executed; this may or may not involve an intermediary (e.g. Frank Russell, State Street, Lynch Jones Ryan) who collects payments from the brokers and manages the payment to the end funds.

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cap-down
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