Glossary entry

English term or phrase:

First Loss Participation

Arabic translation:

المشاركة عند الخسارة الأولى

Added to glossary by ALMERCANA
Jun 3, 2008 17:23
16 yrs ago
2 viewers *
English term

First Loss Participation

English to Arabic Bus/Financial Finance (general)
This foundation, as the first loss participant, will deposit funds into a restricted use bank account, the First Loss Participation Account ("FLPA").

Proposed translations

+3
1 hr
Selected

المشاركة (الشريك) في الخسارة الأولى

Peer comment(s):

agree Zena Al-Zinc : why ur confidence degree is low, you are the right
13 mins
Thank you Dear Zeina!
agree Shabbir Limbada
1 hr
Thank you Terjumaan
agree Noha Mostafa
2 days 10 hrs
Thanks Nonya!
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4 KudoZ points awarded for this answer. Comment: "Thank you Doaa! Thank you everybody!"
21 mins

الخسارة الاولى للمشاركة

الخسارة الاولى للمشاركة
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58 mins

الشريك الأول باقتسام الخسارة

First Loss Participation Account
حساب أولوية المشاركة في اقتسام الخسارة

اظن أن هذا الحساب يبادر إلى اقتسام الخسارة مع الطرف الذي يتكبدها وذلك بموجب اتفاق أو ترتيب لا أعرف مدى تطبيقه
ولكن أظنه مثل الصناديق التي بدأت بعض الدول تؤسسها لمساعدة الدول الأخرى في خسارتها من جراء زيادة أسعار المواد الغذائية أو النفط
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+2
2 hrs

مشاركة من الدرجة الأولى في الخسارة

This has to do with loans insurance. I translated the meaning I got from reading some of the texts where the term was used. However, there is certainly an established Arabic term that I am unaware of. Read yourself the texts in the links below.
"to possibly back an aggregate $750 million of a $3.5 billion secured credit facility GMAC is negotiating with ResCap.
GM's and Cerberus's possible first-loss participation in the facility would be split along ownership lines".

Example sentence:

Khan assumes part of the credit risk, a First Loss Participation of the mortgage pool, and transfers the rest to the insurance provider or Second Loss Participation, p.4

Peer comment(s):

agree Mohsin Alabdali
15 hrs
Thanks a lot Mohsin :)
agree Mahy
1 day 7 hrs
Thanks a lot Mahy :)
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