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Jobb Posted 22 years ago
Grammar
Provision
Provision = ?
Hedging = ?
Context:
Deutsche Bank Profit Rises 18% on Lower Provisions (Update4)
Oct. 29 (Bloomberg) -- Deutsche Bank AG, Europe's third- biggest bank by assets, said profit rose 18 percent in the third quarter as a tax refund, lower hedging costs and risk provisions helped make up for a slump in equity trading revenue.
Hedging = ?
Context:
Deutsche Bank Profit Rises 18% on Lower Provisions (Update4)
Oct. 29 (Bloomberg) -- Deutsche Bank AG, Europe's third- biggest bank by assets, said profit rose 18 percent in the third quarter as a tax refund, lower hedging costs and risk provisions helped make up for a slump in equity trading revenue.
Top answer
"hedging costs": the costs of counterbalancing a (usually financial) transaction with another transaction in such a way as to reduce the risk of loss "risk provisions": those "mechanisms" (possibly what are called financial instruments) which are previously made available or set up so as to limit risk
- "hedging costs": the costs of counterbalancing a (usually financial) transaction with another transaction in such a way as to reduce the risk of loss "risk provisions": those "mechanisms" (possibly what are called financial instruments) which are previously made available or set up so as to limit risk
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1 Answers
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"hedging costs": the costs of counterbalancing a (usually financial) transaction with another transaction in such a way as to reduce the risk of loss
"risk provisions": those "mechanisms" (possibly what are called financial instruments) which are previously made available or set up so as to limit risk
"risk provisions": those "mechanisms" (possibly what are called financial instruments) which are previously made available or set up so as to limit risk
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