Glossary entry (derived from question below)
Aug 5, 2007 19:22
17 yrs ago
6 viewers *
English term
United Kingdom
Nature of your translation emergency?
Native in: Polish
Works in: English to Polish, Polish to English
short-receive
English
Bus/Financial
Transport / Transportation / Shipping
I have problems with understanding of the term in question. Here is the context: The XXXXXX shall transfer the sum of the claim admitted within XXXXXX days from the date of examination of validity of short-receive of currency earnings and receipt of conclusion of authorized authority of XXXXXX (name of the country). Is short-receive a misspelling? Any suggestions?
Responses
| 3 | shortfall |
CJG (X)
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| 3 | not received |
Polangmar
|
| 3 -1 | may be received soon |
salavat
|
Responses
17 hrs
Selected
shortfall
I would imagine a budgetary shortfall in (currency) earnings
4 KudoZ points awarded for this answer.
5 mins
not received
I think it concerns lacking "currency earnings" which haven't been obtained.
-1
32 mins
may be received soon
It follows from link below, as I undestood it.
http://www.secinfo.com/d14D5a.v3yHm.7.htm
1. The Trust recognizes that fails to receive (including partial fails) may occur from time to time with respect to one or more of the security issues in a basket of Deposit Securities settled through the Clearing Process. The Trust acknowledges and agrees that, whenever a fail to receive shall occur on a settlement date, Bank shall book to a single control account maintained for all funds for which Bank provides Index Receipt Agent services (the “Control Account”), the quantity of the security that it failed to receive (each such fail a “short receive position”) and the cash value of that short position that it receives from NSCC (and that NSCC, pursuant to its rules, marks to
http://www.secinfo.com/d14D5a.v3yHm.7.htm
1. The Trust recognizes that fails to receive (including partial fails) may occur from time to time with respect to one or more of the security issues in a basket of Deposit Securities settled through the Clearing Process. The Trust acknowledges and agrees that, whenever a fail to receive shall occur on a settlement date, Bank shall book to a single control account maintained for all funds for which Bank provides Index Receipt Agent services (the “Control Account”), the quantity of the security that it failed to receive (each such fail a “short receive position”) and the cash value of that short position that it receives from NSCC (and that NSCC, pursuant to its rules, marks to
Peer comment(s):
| disagree |
Richard Benham
: Your reference shows on the contrary that, in that context, the term is used to mean something that wasn't received when it should have been.
6 mins
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I agree with you but it's not said exactly so. I suppose some slightly another meaning.
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Discussion