Glossary entry (derived from question below)
Spanish term or phrase:
contrato de cobertura de riesgo de cambio
English translation:
foreign exchange forward cover contract/foreign exchange forward contract
Added to glossary by
Sherry Godfrey
Aug 8, 2007 09:13
16 yrs ago
14 viewers *
Spanish term
MA Intl. Bus., Experienced and thorough
Native in: English
Works in: Spanish to English
aplicación de un contrato de cobertura de riesgo de cambio
Spanish to English
Bus/Financial
Finance (general)
A type of financial contract:
...el dinero que le entrega ese mismo dia por aplicacion de un contrato de cobertura de riesgo de cambio.
thanks in advance!
...el dinero que le entrega ese mismo dia por aplicacion de un contrato de cobertura de riesgo de cambio.
thanks in advance!
Change log
Aug 8, 2007 12:12: Fabio Descalzi changed "Term asked" from "por aplicacion de un contrato de cobertura de riesgo de cambio" to "aplicación de un contrato de cobertura de riesgo de cambio"
Proposed translations
+3
16 mins
MikeGarcia
Spain
Spain
Native in Spanish
Specializes in field
Spain
LAWYER+FORMER BANKER+FINANCIAL EXPERT+
Native in: Spanish 
Works in: English to Spanish, French to Spanish, Spanish to English
Related KudoZ points
:
450
Spanish term (edited):
por aplicacion de un contrato de cobertura de riesgo de cambio
Selected
foreign exchange forward cover contract
See page 829, AVH Financial, "cobertura".
Peer comment(s):
| agree |
John Rawlins
2 mins
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Thanks, John.-
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| agree |
Bubo Coroman (X)
: BRILLIANT!!!
1 hr
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You flatterer, you....
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| agree |
dcspanish
: Yes, but remove the word "cover" as it's implicit in the term "foreign exchange forward contract."
4 hrs
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I - personally - agree, that's the term I used when I was in the markets, but the AVH specifically uses "cover", and I preferred to leave it as that, since most askers require a conventionally founded answer. What shall I say...
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4 KudoZ points awarded for this answer.
Comment: "Thanks so much , once again, Miguel and everyone!"
1 hr
Marcel Ventosa
Thailand
Thailand
Native in Spanish
&
English
Works in field
Thailand
Extremely fast, accurate and reliable.
Native in: Spanish 
, English
Works in: English to Spanish, Spanish to English, Thai to English, and 1 more.
Related KudoZ points
:
4
Spanish term (edited):
contrato de cobertura de riesgo de cambio
Forward Rate Agreement (FRA)
Currency hedging...
Forward Rate Agreement
A contract agreement specifying an interest rate amount to be settled, at a pre-determined interest rate on the date of the contract. This is also known as FRAs.
http://en.wikipedia.org/wiki/Forward_Rate_Agreement
Forward Rate Agreement
A contract agreement specifying an interest rate amount to be settled, at a pre-determined interest rate on the date of the contract. This is also known as FRAs.
http://en.wikipedia.org/wiki/Forward_Rate_Agreement
3 hrs
+1
7 hrs
contract to hedge a foreign exchange risk / contract to hedge foreign exchange risks
The use of the term "hedge" as a verb is quite common in US accounting literature. Below are three sentences that use "to hedge" as a verb, transcribed from "Accounting Trends & Techniques" / 2006 edition published by the AICPA:
Examples:
The company also enters into forward exchange contracts and cross currency swaps "to hedge" intercompany activity. (Accounting Trends & Techniques - AICPA / 2006 edition, P. 102)
Gains and losses on short-term forward foreign exchange contractsused "to hedge" the fair value of certain firm sales commitments with third parties are recognized in earnings as are the losses and gains on the related firm commitment. (Accounting Trends & Techniques - AICPA / 2006 edition, P. 100)
Forward foreign exchange contracts and derivatives thereof are used "to hedge" the cash flows of certain forecasted sales and intercompany firm sales commitments. (Accounting Trends & Techniques - AICPA / 2006 edition, P. 100)
Hope this helps.
18 1/2 years of translating for Mexico City based international accounting firms and financial entities in general.
Examples:
The company also enters into forward exchange contracts and cross currency swaps "to hedge" intercompany activity. (Accounting Trends & Techniques - AICPA / 2006 edition, P. 102)
Gains and losses on short-term forward foreign exchange contractsused "to hedge" the fair value of certain firm sales commitments with third parties are recognized in earnings as are the losses and gains on the related firm commitment. (Accounting Trends & Techniques - AICPA / 2006 edition, P. 100)
Forward foreign exchange contracts and derivatives thereof are used "to hedge" the cash flows of certain forecasted sales and intercompany firm sales commitments. (Accounting Trends & Techniques - AICPA / 2006 edition, P. 100)
Hope this helps.
18 1/2 years of translating for Mexico City based international accounting firms and financial entities in general.
Reference:
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