This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. Spanish to English
  3. Finance (general)

descubierto

English translation: buying on margin/margin buying

08:34 Jul 31, 2008
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / investments
Spanish term or phrase: descubierto
In a Q&A session about investments:

La posibilidad de hacer operaciones largas o ***en descubierto***, lo que permite a un inversionista obtener ganancias tanto en los mercados en descenso como en ascenso

"Prefiero invertir con el dinero que tengo, no jugar con descubiertos".

"a mi lo de invertir en descubierto nunca me ha convencido. mucho riesgo de perder lo q no se tiene..."

In my experience "descubierto" is usually "overdraft", but surely you don't use an overdraft for investments. I found "short selling" for "ventas al descubierto" in the glossary but I'm not sure this is the same sort of meaning.

Thank you
Hazel Whiteley
Local time: 08:40
English translation:buying on margin/margin buying
Explanation:
Just an attempt to brainstorm really...

ASUNTOS FINANCIEROS [COM] Ficha completa
ES compra en descubierto
EN margin buying


ASUNTOS FINANCIEROS [COM] Ficha completa
ES compra en descubierto
EN buy on margin

margin buying
Definition
Partial financing by a customer of the purchase of securities, with money borrowed from a broker (who retains possession of those securities as collateral). In the US, the maximum allowable limit for margin buying is 50 percent of the total purchase price.
http://www.businessdictionary.com/definition/margin-buying.h...
Selected response from:

John Cutler
Spain
Local time: 09:40
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
5Short (selling or position)
Ana Dubra
4in arrears
Edward Tully
2 +2buying on margin/margin buying
John Cutler
4short selling or "shorting"
_POIMANDRES_
2(invest in) debt
Noni Gilbert Riley


  

Answers


2 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
in arrears


Explanation:
1 option!

Edward Tully
Local time: 09:40
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 825
Login to enter a peer comment (or grade)

7 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
(invest in) debt


Explanation:
Financial English, other than banking, is not my speciality, so this is a stab rather than a firm pronouncement. But the expression leapt to mind immediately and googling seems to lend it some credence.

"Houlihan Lokey snaps up UK debt adviser: Orix allows Houlihan to use its large balance sheet to invest in debt and equity..."
www.efinancialnews.com/homepage/content/2348772976

Any comments from the experts?


Noni Gilbert Riley
Spain
Local time: 09:40
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 84
Login to enter a peer comment (or grade)

14 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +2
buying on margin/margin buying


Explanation:
Just an attempt to brainstorm really...

ASUNTOS FINANCIEROS [COM] Ficha completa
ES compra en descubierto
EN margin buying


ASUNTOS FINANCIEROS [COM] Ficha completa
ES compra en descubierto
EN buy on margin

margin buying
Definition
Partial financing by a customer of the purchase of securities, with money borrowed from a broker (who retains possession of those securities as collateral). In the US, the maximum allowable limit for margin buying is 50 percent of the total purchase price.
http://www.businessdictionary.com/definition/margin-buying.h...

John Cutler
Spain
Local time: 09:40
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Egmont
4 hrs
agree  Rocio Barrientos: Yes! GreetingZ :)
2554 days
Login to enter a peer comment (or grade)

8 hrs   confidence: Answerer confidence 5/5
Short (selling or position)


Explanation:
I first thought of "short selling", especially because you also have "largo", and "short" and "long" tend to go together in financial texts.
In the Diccionario de Términos económicos, financieros y comerciales by Alcaraz Varó y Hughes for "en/al descubierto" you have: overdrawn, unbacked, short).
This link provides a useful definition of Short: http://www.investopedia.com/terms/s/short.asp

These are other links where the words are used, and the sentences are very similar to your first sentence.
daytrading.about.com/od/tradingpsychology/a/RisingFalling.htm
www.macquarie.com.au/mq/prime/long_and_short_positions.htm

If you look at the definition of Short selling you see that it also makes sense in your other sentences because short positions imply borrowing assets.

good luck

Ana Dubra
Uruguay
Local time: 04:40
Specializes in field
Native speaker of: Native in SpanishSpanish
Login to enter a peer comment (or grade)

20 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
short selling or "shorting"


Explanation:
http://en.wikipedia.org/wiki/Short_(finance)

_POIMANDRES_
Argentina
Local time: 04:40
Native speaker of: Native in SpanishSpanish
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:
ProZ.com term search
Search millions of term translations
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search