Glossary entry

Catalan term or phrase:

despalanquejament

English translation:

deleveraging

Added to glossary by Ross Andrew Parker
Aug 2, 2009 14:45
14 yrs ago
Catalan term

despalanquejament

Catalan to English Bus/Financial Finance (general)
From a report about the economic crisis:

"L’escalada de la crisi financera en el darrer trimestre de l’any va obrir, d’altra banda, un període d’acceleració del procés de despalanquejament en el que es trobava immers el sistema financer mundial, el que va provocar una contracció encara més intensa del crèdit."

Many thanks
Proposed translations (English)
5 +2 deleveraging
Change log

Aug 16, 2009 06:16: Ross Andrew Parker Created KOG entry

Proposed translations

+2
10 mins
Selected

deleveraging

#
Deleveraging: A fate worse than debt | The Economist
25 Sep 2008 ... Consumers and companies may be forced to cut back.
www.economist.com/businessfinance/displaystory.cfm?story_id... - Similar -
#
Deleveraging, now only in early stages, will transform the banking ...
Deleveraging - cutting back on the amount borrowed as compared to equity - is the dominant theme in markets and economics in 2008, as the financial system ...
www.nytimes.com/2008/06/.../26iht-col27.1.14006619.html - Cached - Similar -
# ¿Qué es esto?
Is Deleveraging Bad for the Economy? - Frank Shostak - Mises Institute
20 Aug 2008 ... This is the paradox of deleveraging.[1] If this process is not arrested in time it could seriously damage the real economy, so it is held. ...

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Note added at 11 mins (2009-08-02 14:56:42 GMT)
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What Does Deleverage Mean?
A company's attempt to decrease its financial leverage. The best way for a company to delever is to immediately pay off any existing debt on its balance sheet. If it is unable to do this, the company will be in significant risk of defaulting.
Investopedia Says
Investopedia explains Deleverage
Companies will often take on excessive amounts of debt to initiate growth. However, using leverage substantially increases the riskiness of the firm. If leverage does not further growth as planned, the risk can become too much for the company to bear. In these situations, all the firm can do is delever by paying off debt.

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Note added at 12 mins (2009-08-02 14:58:03 GMT)
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http://www.google.es/search?hl=en&q=desapalancamiento deleve...
Peer comment(s):

agree Andy Watkinson
1 min
Thanks, Andy.
agree Natalia Pedrosa (X)
1 day 4 mins
Thanks, Natalia.
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
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