Glossary entry

German term or phrase:

valutagerecht

English translation:

on correct value date

Added to glossary by Edward Guyver
Feb 18, 2004 17:42
20 yrs ago
4 viewers *
German term

valutagerecht

German to English Bus/Financial Finance (general)
in a "subparticipation agreement": Ihren Unterbeteiligungsbetrag an den Krediten XXX werden Sie auf unsere Anforderung hin valutagerecht auf unsere Konten Nr. XXX ueberweisen.

Proposed translations

+2
4 mins
Selected

on correct value date

As per Gunton & Corner glossary of financial and economic terms.
Peer comment(s):

agree Ralf Lemster : Perhaps "...on the..."?
2 hrs
agree Brandis (X)
1 day 15 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks!"
-1
6 mins

the correct value

i.e. the value of that currecy on that date.

Dietl/Lorenz dictionary
Peer comment(s):

disagree Ralf Lemster : "Valuta" means **value date**, i.e. the date that is relevant for interest calculation purposes
2 hrs
Something went wrong...
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