onderwaterstand

09:43 Nov 27, 2012
This question was closed without grading. Reason: Answer found elsewhere

Dutch to English translations [PRO]
Bus/Financial - Insurance
Dutch term or phrase: onderwaterstand
De formule wordt gebruikt om de waarde van het mix fund bij spaarbeurs te berekenen en te vergelijken met de “zilmerreserve” die nodig is voor de garantie.
Bij onderwaterstand wordt polisnummer gemeld.
Ashok Bagri
India
Local time: 04:39


Summary of answers provided
3 +1negative equity
Wiard Sterk
Summary of reference entries provided
Schuld kleiner dan waarde effecten
Oliver Pekelharing
onder water = worth less than original value/price
Chris Hopley

  

Answers


1 day 30 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
negative equity


Explanation:
... is the term used in the UK for a loan or mortgage which is higher than the value of the property it is secured against. Not sure if this is what is referred to, though. Too little context.

Wiard Sterk
United Kingdom
Local time: 00:09
Native speaker of: Native in DutchDutch, Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
neutral  freekfluweel: Isn't it just the opposite, in this case -> positive equity? But I'm no finance freak!
34 mins
  -> Positive equity would be right, in that case.

agree  Chris Hopley: Negative equity is correct IMO.
2 hrs
  -> Thanks, Chris.
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Reference comments


1 hr peer agreement (net): +1
Reference: Schuld kleiner dan waarde effecten

Reference information:
Maybe this will help.


    Reference: http://www.leaseverlies.nl/index.php?page=/nieuws/main_right...
Oliver Pekelharing
Netherlands
Native speaker of: Native in EnglishEnglish

Peer comments on this reference comment (and responses from the reference poster)
agree  philgoddard: We don't have enough context, but in the US we say a mortgage is underwater if it's more than the value of the property.
6 hrs
neutral  Chris Hopley: Surely - logically speaking - an onderwaterstand is where the value of the investment is less than the present value/purchase price rather than vv?
1 day 1 hr
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1 day 3 hrs
Reference: onder water = worth less than original value/price

Reference information:
''Onder water" means you'll take a loss if you sell the investment now, i.e. the present value is less than the price paid, or in the case of an asset bought with a loan, the present value is less than the outstanding loan amount.

-> "Het zijn veelal obligatieproducten die een interessante couponrendement lieten zien, maar in de jongste crisis veel risicovoller bleken te zijn dan werd gedacht.

Bij de climax van de kredietcrisis stonden deze producten soms wel tot ruim 70 procent onder water."
http://www.beleggingsassistent.nl/archief/vooral-defensieve-...

Chris Hopley
Netherlands
Works in field
Native speaker of: English
PRO pts in category: 47
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