GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
---|---|---|---|---|---|---|
|
17:27 Nov 12, 2014 |
English language (monolingual) [PRO] Bus/Financial - Investment / Securities / Ver Explanation/ Context | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
| Selected response from: Charles Davis Spain Local time: 12:38 | ||||||
Grading comment
|
SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
---|---|---|---|---|
4 +2 | RoE midway between 10 and 19 |
|
Summary of reference entries provided | |||
---|---|---|---|
see |
|
mid-teen roe RoE midway between 10 and 19 Explanation: Generally, "teen" means 13-19 inclusive when applied to age and 10-19 inclusive when applied to other things, such as percentage rates. This is explained explicitly in the American Heritage Dictionary, for example: "1. teens a. The numbers 10 through 19 or 13 through 19. b. The 10th through 19th items, in a series or scale: The temperature was in the low teens. c. The 13th through 19th years of a person or animal's life: students in their teens. https://www.ahdictionary.com/word/search.html?q=teen Examples from financial texts that allow you to put a figure to "low teen" or "mid teen" tend to support this: "Now, let me provide you with the guidance for the third quarter of 2011. Revenue will show a low-teen percentage range, about 10% to 12% decline, mostly driven by lower volume." http://seekingalpha.com/article/284149-united-microelectroni... "Visa (V) Continues Mid-Teen Growth Rate in Q4, But Investors Sell [...] The credit-card processing giant reported GAAP quarterly net income rose 14 percent to $880 million [...] Revenue in the quarter rose 13 percent to $2.4 billion" http://www.streetinsider.com/Corporate News/Visa (V) Continu... |
| ||||||||||||||||
Grading comment
| |||||||||||||||||
|
36 mins peer agreement (net): +1 |
Reference: see Reference information: RSO Presentation – JMP Conference - Investor Relations ... phx.corporate-ir.net/External.File?item...t=1 30 Sep 2014 - (1) Reflects common and preferred equity as of August 20, 2014. (2) As of June 30, 2014 ... Objective is to generate mid-teen returns (14-17%) on equity and grow Book Value. RSO has ... Only ~12.5% of potential transactions ... |
| ||
Note to reference poster
| |||
Login to enter a peer comment (or grade) |
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.