Glossary entry (derived from question below)
Greek term or phrase:
δείκτης μετρητού καλύμματος
English translation:
cash coverage ratio
Added to glossary by
Spyros Salimpas
Nov 10, 2018 13:59
5 yrs ago
1 viewer *
Greek term
μετρητό κάλυμμα
Greek to English
Law/Patents
Economics
Αντικαταστάθηκε ο δείκτης κάλυψης του δανείου βάσει αξίας χαρτοφυλακίου μετοχών και μετρητού καλύμματος ο οποίος ορίζονταν
σε ποσοστό 135% επί του δανείου με τη σχέση απαιτήσεων/υποχρεώσεων η οποία ορίστηκε στο 120%.
σε ποσοστό 135% επί του δανείου με τη σχέση απαιτήσεων/υποχρεώσεων η οποία ορίστηκε στο 120%.
Proposed translations
(English)
| 3 +1 | cash coverage |
Nick Lingris
|
| 4 | cash cover |
transphy
|
Proposed translations
+1
7 hrs
Nick Lingris
United Kingdom
United Kingdom
Native in Greek
Works in field
United Kingdom
The word is my oyster
Native in: Greek 
Works in: English to Greek, Greek to English, Greek
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7 hrs
cash cover
http://www.businessdictionary.com/definition/cash-cover.html
Definition
Popular Terms
In a documentary credit transaction (such as a letter of credit) amount deposited by the borrower or debtor (such as the applicant for a letter of credit) with the lender or creditor (such as the letter of credit issuing bank).
Read more: http://www.businessdictionary.com/definition/cash-cover.html
A 'Purchaser' issues a 'letter of Credit', for goods to be purchased from abroad. The purchaser, either has not got an account with the particular Bank, which acts as an Agent for him/her. So, an amount in Cash, the equivalent of the amount of the 'Letter of Credit ' is deposited with that Bank...to cover the amount of the 'Letter of Credit'
It acts as a 'guaranteed letter of Credit', similar to an 'Irrevocable letter of Credit.
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Note added at 7 hrs (2018-11-10 21:58:59 GMT)
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DLA Piper Defining Trade Finance - Cash Cover
www.dlapipertradefinance.com/en/glossary/c/cash-cover.html
Cash Cover. An amount deposited by an Applicant with an Issuing Bank or by an account party with the bank issuing a Demand Guarantee in respect of the Contingent Liability of the Issuing Bank or the bank issuing the Demand Guarantee (as applicable) under the Letter of Credit or Demand Guarantee (as applicable).
Definition
Popular Terms
In a documentary credit transaction (such as a letter of credit) amount deposited by the borrower or debtor (such as the applicant for a letter of credit) with the lender or creditor (such as the letter of credit issuing bank).
Read more: http://www.businessdictionary.com/definition/cash-cover.html
A 'Purchaser' issues a 'letter of Credit', for goods to be purchased from abroad. The purchaser, either has not got an account with the particular Bank, which acts as an Agent for him/her. So, an amount in Cash, the equivalent of the amount of the 'Letter of Credit ' is deposited with that Bank...to cover the amount of the 'Letter of Credit'
It acts as a 'guaranteed letter of Credit', similar to an 'Irrevocable letter of Credit.
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Note added at 7 hrs (2018-11-10 21:58:59 GMT)
--------------------------------------------------
DLA Piper Defining Trade Finance - Cash Cover
www.dlapipertradefinance.com/en/glossary/c/cash-cover.html
Cash Cover. An amount deposited by an Applicant with an Issuing Bank or by an account party with the bank issuing a Demand Guarantee in respect of the Contingent Liability of the Issuing Bank or the bank issuing the Demand Guarantee (as applicable) under the Letter of Credit or Demand Guarantee (as applicable).
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