racheter

English translation: Swap buy-back

19:32 Feb 15, 2010
French to English translations [PRO]
Bus/Financial - Finance (general)
French term or phrase: racheter
"la Compagnie a racheté son contrat d'échange de taux d'intérêt..."

They go on to say that they paid $200,000 to get out of the interest rate swap. How should "racheter" be translated in this context?

Thanks in advance.
John Detre
Canada
English translation:Swap buy-back
Explanation:
Here you go:

Swap buy-back
The sale of an interest rate swap by one counterparty to the other, effectively ending the swap.
Selected response from:

Mary Moritz
Local time: 05:54
Grading comment
thanks everyone
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4Swap buy-back
Mary Moritz
4bought out
Thomaso
2repurchased
MatthewLaSon


Discussion entries: 3





  

Answers


2 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
racheter (in this context)
bought out


Explanation:
Source: Robert Collins Business

Hope this helps.

Thomaso
Ireland
Local time: 04:54
Specializes in field
Native speaker of: English
PRO pts in category: 12
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6 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
racheter (in this context)
repurchased


Explanation:
Hello,

Could that work here?

(m) "Repurchased Contract" means a Purchased Contract which has been repurchased by SELLER pursuant to the terms hereof. (n) "Repurchase Price" means the ...


sec.edgar-online.com/npi08-inc/10ksb-annual.../Section28.aspx -

MatthewLaSon
Local time: 23:54
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 153
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9 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
racheter (in this context)
Swap buy-back


Explanation:
Here you go:

Swap buy-back
The sale of an interest rate swap by one counterparty to the other, effectively ending the swap.


    Reference: http://www.bizterms.net/term/Swap-buy-back.html
Mary Moritz
Local time: 05:54
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
thanks everyone

Peer comments on this answer (and responses from the answerer)
agree  Rob Grayson: Yes – it bought back its interest rate swap
26 mins

agree  Daniel Weston
27 mins

agree  joehlindsay
5 hrs

agree  rkillings: Any of these three would do. Just not 'redeem'.
7 hrs
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