Glossary entry

English term or phrase:

reset rate

German translation:

Ausgangswert

Added to glossary by Gudrun Dauner
Apr 30, 2006 20:56
18 yrs ago
English term

reset rate

English to German Bus/Financial Finance (general) Hedging-Instrumente
The Ratchet Forward guarantees the client a worst-case hedge rate, which improves as EUR depreciates against the USD. Should EUR depreciate significantly, below a certain trigger, the Ratchet Forward converts into a conventional forward for twice the original notional at the Reset Rate
Proposed translations (German)
4 Ausgangswert

Proposed translations

1 hr
Selected

Ausgangswert

The context given indicates, that "reset rate" corresponds to the "Ausgangswert."

I found the following definition in German:
"...Kaufpreisanteile zusammenzuzählen und den gewonnenen Betrag dem doppelten Ausgangswert des § 55 Abs. 1 EStG gegenüberzustellen."
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