Glossary entry

French term or phrase:

strap

English translation:

strap

Added to glossary by Julie Roy
May 29, 2004 18:12
20 yrs ago
French term

STRAP

French to English Bus/Financial Business/Commerce (general)
as in "Dans les STRAP à 5 ans, il est prévu une progression du CA de 108 à 121 Millions de $."
Proposed translations (English)
3 +1 strap

Discussion

Abdellatif Bouhid May 30, 2004:
Renata: What is the industry concerned?

Proposed translations

+1
9 mins
Selected

strap

TERMIUM Plus
Domaine(s) : bourse, investissements et placements

DEF – Option contract combining one put option and two call options of the same series, which can be bought at a lower total premium than that of the three options bought individually. The put has the same features as the calls - same underlying security, exercise price, and maturity.

OBS – strap: term reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.

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Note added at 11 mins (2004-05-29 18:23:04 GMT)
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Même explication de TERMIUM en français :

DEF - Stratégie combinant l\'achat ou la vente simultané de deux options d\'achat et d\'une option de vente portant sur un même sous-jacent et ayant le même prix d\'exercice et la même échéance.

OBS – L\'opérateur prévoit un accroissement de la volatilité des cours du sous-jacent, mais il s\'attend davantage à une hausse qu\'à une baisse.

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Note added at 4 hrs 26 mins (2004-05-29 22:38:36 GMT)
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\"The five-year straps forecast a YTD growth from $108 million to $121 million.\"

YTD (year-to-date) = CA (cumul annuel)
Peer comment(s):

agree Amandine (X)
17 hrs
Thank you Amandine :-)
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks - this is what I thought, but I needed confirmation.Thanks very much."
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