Tuesday, 13 December 2016

Words T6

Factoring
In finance, factoring consists of acquiring credits from sales of movable property over a real estate company, providing services or performing works, granting advances on its credits, assuming its risks. Through the factoring contract a merchant or manufacturer transfers an invoice or other credit document to a factoring company in exchange for a total or partial financial advance. The factoring company deducts from the amount of credit purchased, commission, interest and other expenses. Factoring companies are usually banks, savings banks or other specialized companies.
Spanish translation: Factoring
Examples:
-       Companies that use factoring like it because they get money quickly rather than waiting the usual 30 or 60 days for payment. After sending an invoice to a factoring firm, a business can have money in its hands within 24 to 48 hours.

-     The cash advance rate can vary depending on what industry your company is in and whom you choose as a factor. The advance rate can range from 80% of an invoice value to as much as 95%. Your industry, your customers’ credit histories and other criteria help determine the advance rate you receive.


Hedge fund
Hedge funds are alternative investments using pooled funds that may use a number of different strategies in order to earn active return, or alpha, for their investors. Hedge funds may be aggressively managed or make use of derivatives and leverage in both domestic and international markets with the goal of generating high returns (either in an absolute sense or over a specified market benchmark).

Spanish translation: Fondo de cobertura
Examples:
     ‘A hedge fund brutal. I think his plan is to convert into a bank Phenix American. They mentioned their relocation. They like Paris but France, too many social laws’.
     ‘In february it emerged that nearly half of the richest hedge-fund managers in Britain have donated a total of £10m ($14.8m) to the Conservative party since 2010. Labour, the opposition party, has accused the Tories of dishing out favours, such as a tax loophole, to their “hedge-fund friends’.


Inflation
A persistent, substantial rise in the general level of prices related to an increase
in the volume of money and resulting in the loss of value of currency.
Spanish translation: Inflación
Examples:
         Higher food prices helped push inflation across the 19-country eurozone to its highest rate in two and a half years, official figures showed Wednesday. However, the increase in the annual rate to 0.6 percent is unlikely to alter market expectations that the European Central Bank will extend its stimulus program next week.’
         ‘With stockmarkets tumbling and the oil price below $30, some economists are once again worrying about global deflationary pressure. Low inflation can be toxic for economies when interest rates are also low. One warning light that is flashing red in America is market expectations of inflation, which have plummeted to lows not seen since the financial crisis.’

Pension scheme or Pension plan
It is an arrangement by which an employer and, usually, an employee pay into a fund that is invested to provide the employee with a pension on retirement.

Spanish translation: Plan de pensiones

Examples: 
-       Centre has released Rs 2,000 crore to Employees' Pension Scheme as its contribution for the year 2015-16, Minister of State for Labour and Employment Bandaru Dattatreya said Monday.’
-       Markets regulator Sebi has introduced a new pension scheme for its permanent staff members.’ 

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