TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 OBS

uncovered interest rate differential: term extracted from the “Glossaire de l’économie” and reproduced with permission of the Organisation for Economic Co-operation and Development.  2, record 1, English, - uncovered%20interest%20rate%20differential

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 OBS

écart de taux d'intérêt non couvert : terme extrait du «Glossaire de l’économie» et reproduit avec l’autorisation de l’Organisation de coopération et de développement économiques.  2, record 1, French, - %C3%A9cart%20de%20taux%20d%27int%C3%A9r%C3%AAt%20non%20couvert

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 OBS

uncovered acceptance: term extracted from the “Glossaire de l’économie” and reproduced with permission of the Organisation for Economic Co-operation and Development.  2, record 2, English, - uncovered%20acceptance

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 OBS

avance à découvert; acceptation à découvert : termes extraits du «Glossaire de l’économie» et reproduits avec l’autorisation de l’Organisation de coopération et de développement économiques.  2, record 2, French, - avance%20%C3%A0%20d%C3%A9couvert

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 OBS

uncovered advance; unsecured advance: terms extracted from the “Glossaire de l’économie” and reproduced with permission of the Organisation for Economic Co-operation and Development.  3, record 3, English, - advance%20by%20overdraft

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 OBS

avance à découvert : terme extrait du «Glossaire de l’économie» et reproduit avec l’autorisation de l’Organisation de coopération et de développement économiques.  3, record 3, French, - avance%20%C3%A0%20d%C3%A9couvert

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 OBS

Unhedged (i.e., a liability exists in the long or short term, which is not covered by a corresponding position).  3, record 4, English, - uncovered

Record 4,  Textual support,  French

Record number: 4, Textual support number: 1 DEF

Se dit d'un élément d'actif ou de passif, constaté ou non, d'une position sur instrument financier, ou encore d'une opération prévue, qui n'a fait l'objet d'aucune couverture permettant de réduire ou d'éliminer un risque couru à l'égard de cet élément, cette position ou cette opération.  1, record 4, French, - d%C3%A9couvert

Record 4,  Textual support,  Spanish

Record number: 4, Textual support number: 1 OBS

Dicho de realizar una operación mercantil: Sin que los contratantes tengan disponible lo que es objeto de ella.  1, record 4, Spanish, - al%20descubierto

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 OBS

Term(s) taken from a Canadian laboratory-equipment company's catalogue.  1, record 5, English, - maximum%20temperature%20uncovered

Record 5,  Textual support,  French

Record number: 5, Textual support number: 1 OBS

Terme(s) tiré(s) du catalogue d'une compagnie canadienne d'équipement de laboratoire.  1, record 5, French, - temperature%20maximale%20sans%20couvercle

Record 5,  Textual support,  Spanish

Record 6,  Textual support,  English

Record number: 6, Textual support number: 1 CONT

The sister of Kerri and Kelli Walsh can attack with the best of them, has the speed to run down any ball and the smarts to find the uncovered attacker.  2, record 6, English, - uncovered%20attacker

Record number: 6, Textual support number: 2 CONT

The puck carrier made the smart play, dropping a pass to the uncovered attacker, who then made a nice move before snapping a shot, glove-side, into the back of the net.  3, record 6, English, - uncovered%20attacker

Record number: 6, Textual support number: 3 CONT

Attacker passed to a second uncovered attacker cutting toward the net from the 12 o'clock position.  4, record 6, English, - uncovered%20attacker

Record 6,  Textual support,  French

Record number: 6, Textual support number: 1 CONT

Tilleur a repris l'avantage après vingt minutes quand la défense n'arrivait pas à bloquer un attaquant se trouvant dans le grand carré en lui permettant de centrer librement en retrait vers un autre attaquant non couvert : 2-1.  1, record 6, French, - attaquant%20non%20couvert

Record 6,  Textual support,  Spanish

Record 7,  Textual support,  English

Record number: 7, Textual support number: 1 DEF

[A situation] where an investment is made in a foreign currency asset to benefit from a more attractive rate of interest without simultaneously taking out forward exchange cover to protect an investor against the risk of intervening exchange rate changes.  2, record 7, English, - uncovered%20interest%20arbitrage

Record 7,  Textual support,  French

Record 7,  Textual support,  Spanish

Record 8,  Textual support,  English

Record number: 8, Textual support number: 1 OBS

Facilities/equipment.  1, record 8, English, - uncovered%20line

Record 8,  Textual support,  French

Record number: 8, Textual support number: 1 OBS

Installations/matériel.  1, record 8, French, - ligne%20ouverte

Record 8,  Textual support,  Spanish

Record 9,  Textual support,  English

Record number: 9, Textual support number: 1 CONT

When one sells a call option without owning the underlying stock or any equivalent security (convertible stock or bond or another call option), he is considered to have written an uncovered call option. This strategy has limited profit potential and theoretically unlimited loss. ... since there is no actual cash investment required to write a naked call - the position can be financed with collateral loan value of marginable securities - the strategy can be operated as an adjunct to many other investment strategies.  4, record 9, English, - uncovered%20call%20option

Record 9,  Textual support,  French

Record number: 9, Textual support number: 1 CONT

Lorsqu'on vend une option d'achat découverte, les risques sont illimités alors que le gain est limité. La vente initiale d'une option d'achat découverte est semblable à la vente à découvert d'actions.  3, record 9, French, - option%20d%27achat%20d%C3%A9couverte

Record 9,  Textual support,  Spanish

Record 10,  Textual support,  English

Record number: 10, Textual support number: 1 CONT

An uncovered put is written with the belief that the underlying security will not decline in price during the life of the option. If the stock's price remains steady or rises, the naked writer will not have stock "put to him" and will of course keep the premium from the put option written.  3, record 10, English, - uncovered%20put

Record 10,  Textual support,  French

Record number: 10, Textual support number: 1 CONT

Un investisseur vend à titre de vendeur initial une option de vente découverte parce qu'il pense que le cours de la valeur sous option ne baissera pas pendant la durée de validité de l'option. Si le cours de l'action ne change pas ou monte, le vendeur initial découvert ne recevra pas d'assignation et, par conséquent, gardera la prime sur l'option de vente qu'il a vendue.  3, record 10, French, - option%20de%20vente%20d%C3%A9couverte

Record 10,  Textual support,  Spanish

Record 11,  Textual support,  French

Record 11,  Textual support,  Spanish

Record 12,  Textual support,  English

Record number: 12, Textual support number: 1 OBS

Food and Agriculture Organization of the United Nations.  2, record 12, English, - uncovered%20requirements

Record 12,  Textual support,  French

Record number: 12, Textual support number: 1 OBS

Organisation des Nations Unies pour l'alimentation et l'agriculture.  2, record 12, French, - besoins%20non%20couverts

Record 12,  Textual support,  Spanish

Record number: 12, Textual support number: 1 OBS

Organización de las Naciones Unidas para la Agricultura y la Alimentación.  2, record 12, Spanish, - necesidades%20no%20cubiertas

Record 13,  Textual support,  English

Record number: 13, Textual support number: 1 DEF

Option contract in which the seller does not possess the underlying asset, which would be necessary in the event that the option is exercised.  2, record 13, English, - uncovered%20option

Record number: 13, Textual support number: 1 CONT

The Mutual Fund may not write uncovered options but may write covered corporation clearing options provided that the market value of securities underlying the options written shall not exceed 10 percent of the funds equity investment portfolio.  3, record 13, English, - uncovered%20option

Record number: 13, Textual support number: 1 OBS

uncovered option: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.  4, record 13, English, - uncovered%20option

Record number: 13, Textual support number: 2 OBS

Compare with "covered option".  5, record 13, English, - uncovered%20option

Record 13,  Textual support,  French

Record number: 13, Textual support number: 1 DEF

Contrat d'option pour lequel le donneur n'a pas de position en compte sur l'actif sous-jacent à l'option donnée.  3, record 13, French, - option%20d%C3%A9couverte

Record number: 13, Textual support number: 1 OBS

option non couverte : terme extrait du CAPITAL Business Dictionary et reproduits avec l'autorisation de LID Editorial Empresarial.  4, record 13, French, - option%20d%C3%A9couverte

Record 13,  Textual support,  Spanish

Record number: 13, Textual support number: 1 DEF

Contrato de opción en el que el vendedor de la opción no posee la inversión subyacente, que necesitará en el caso de que se le ejecute la opción.  1, record 13, Spanish, - opci%C3%B3n%20no%20cubierta

Record number: 13, Textual support number: 1 OBS

opción no cubierta: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.  2, record 13, Spanish, - opci%C3%B3n%20no%20cubierta

Record 14,  Textual support,  English

Record 14,  Textual support,  French

Record number: 14, Textual support number: 1 DEF

Qualifier un récif ou toute surélévation du fond qui reste au-dessus de la surface de la mer, soit en permanence, soit seulement à marée basse.  1, record 14, French, - d%C3%A9couvrant

Record 14,  Textual support,  Spanish

Record 15,  Textual support,  French

Record 15,  Textual support,  Spanish

Record 16,  Textual support,  French

Record 16,  Textual support,  Spanish

Record 17,  Textual support,  English

Record number: 17, Textual support number: 1 CONT

Covered or uncovered opening writing transactions - Sell orders that open a short position must also state whether the position is covered or uncovered. This information is needed to alert the firm's margin department whether to use the client's stock as collateral against a covered call or else to impose margin requirements on the uncovered account.  2, record 17, English, - uncovered%20account

Record 17,  Textual support,  French

Record number: 17, Textual support number: 1 CONT

Ventes initiales couvertes ou découvertes - Les ordres de vente qui créent une position «vendeur» doivent également indiquer si la position est couverte ou découverte. Ce renseignement est nécessaire pour que le service de marge d'une firme sache s'il doit utiliser les actions du client en garantie d'une option d'achat couverte ou imposer des exigences de marge sur le compte découvert.  2, record 17, French, - compte%20d%C3%A9couvert

Record 17,  Textual support,  Spanish

Record 18,  Textual support,  English

Record number: 18, Textual support number: 1 CONT

The exchanges also have rules to prevent the build-up of excessive uncovered short positions in any option class which cumulatively might have disruptive effects on stock or options markets.  2, record 18, English, - uncovered%20short%20position

Record 18,  Textual support,  French

Record number: 18, Textual support number: 1 CONT

Les bourses ont également des règlements visant à prévenir la concentration excessive de positions «vendeur» découvertes sur une classe d'options, concentration dont l'effet cumulatif pourrait perturber le marché des actions ou des options.  2, record 18, French, - position%20vendeur%20d%C3%A9couverte

Record 18,  Textual support,  Spanish

Record 19,  Textual support,  English

Record number: 19, Textual support number: 1 CONT

Many further leverage, income and capital gain opportunities open up with more sophisticated (and speculative) option trading practices. These include uncovered or naked writing (e.g., writing a call when the seller does not own the underlying security), ...  3, record 19, English, - uncovered%20writing

Record 19,  Textual support,  French

Record number: 19, Textual support number: 1 CONT

D'autres méthodes de négociation plus complexes (et plus spéculatives) créent des occasions supplémentaires d'amplification, de revenu et de gain en capital. On peut citer, entre autres, la vente initiale découverte d'options (c'est-à-dire la vente initiale d'une option d'achat lorsque le vendeur ne détient pas les actions sous option), (...)  2, record 19, French, - vente%20d%27options%20d%C3%A9couvertes

Record 19,  Textual support,  Spanish

Record 20,  Textual support,  English

Record number: 20, Textual support number: 1 CONT

If the stock declines a small amount, the naked call writer benefits more than the other two investors, but on substantial declines the short seller and the put buyer benefit more.  3, record 20, English, - uncovered%20call%20writer

Record 20,  Textual support,  French

Record number: 20, Textual support number: 1 CONT

(...) si le cours de l'action baisse légèrement, le vendeur initial de l'option d'achat découverte réalise un gain plus important que les deux autres investisseurs, mais dans le cas d'une baisse marquée du cours le vendeur à découvert et l'acheteur de l'option de vente réalisent des gains plus importants; (...)  2, record 20, French, - vendeur%20d%27option%20d%27achat%20d%C3%A9couverte

Record 20,  Textual support,  Spanish

Record 21,  Textual support,  English

Record number: 21, Textual support number: 1 CONT

The uncovered writer is prepared to take greater risks (in the sense of larger potential cash losses) than the conservative writer in the hope of making larger profits. For this reason "naked writers" must at all times maintain a minimum margin deposit with their broker, based on the market price of the underlying security and exercise price of the option.  3, record 21, English, - uncovered%20writer

Record 21,  Textual support,  French

Record number: 21, Textual support number: 1 CONT

Le vendeur non couvert est prêt à prendre des risques plus grands (on entend par là des pertes éventuelles de capital) que le vendeur prudent dans l'espoir de réaliser des gains plus importants. C'est pour cette raison que les vendeurs découverts doivent toujours garder auprès de leur courtier un dépôt minimal de garantie (ou «marge») basé sur le cours du marché de la valeur sous option et sur le prix de levée de l'option. Le vendeur non couvert d'options devrait s'adresser à son courtier pour connaître les exigences quant à ces garanties.  2, record 21, French, - vendeur%20non%20couvert

Record 21,  Textual support,  Spanish

Record 22,  Textual support,  French

Record 22,  Textual support,  Spanish

Record 23,  Textual support,  English

Record 23,  Textual support,  French

Record number: 23, Textual support number: 1 OBS

Les fils nus s'opposent aux fils guipés  2, record 23, French, - fil%20nu

Record 23,  Textual support,  Spanish

Record 24,  Textual support,  French

Record 24,  Textual support,  Spanish

Record 25,  Textual support,  French

Record 25,  Textual support,  Spanish

Record 26,  Textual support,  French

Record 26,  Textual support,  Spanish

Record 27,  Textual support,  French

Record 27,  Textual support,  Spanish