A veterinary horse

Tilsyneladende hr Szájers oversættelse af et ungarsk litterært udtryk, der betyder noget i retning af 'dyrlægehest', eller 'dyrlægens eksempelhest'. Denne hest lider af alt, hvad en hest kan lide af, samtidig, dvs. den har flere skavanker og sygdomme, end hvad der i virkeligheden kan lade sig gøre samtidigt. Når man kalder noget for en dyrlægehest, så antyder man, at det bliver kritiseret sønder og sammen efter devisen 'alt, hvad der kan gå galt, vil gå galt'...

Acronyms of the Moment

Christina skriver: Jeg har også noget at indhente med forkortelserne:

EN: ODR online dispute resolution

onlinetvistbilæggelse

(EN: ADR alternative dispute resolution

alternativ tvistbilæggelse/konfliktløsning)

To help resolve disputes over goods sold on line, the ODR regulation
empowers the European Commission to provide an "online platform" for ODR
in all EU languages. This platform, accessible via the "Your Europe"
portal, will give shoppers a standard user-friendly complaint form which
they can complete in their own language.

The ODR platform will refer shoppers to the most
appropriate ADR scheme for their complaints. It will be able to handle
every step of a complaint on line, and information exchanged will be
protected by EU privacy and data protection rules. ODR help will be
available for any dispute over online sales, irrespective of where the
seller is located in the EU.

Context: ODR Regulation (awaiting Council first reading)
http://www.europarl.europa.eu/oeil/popups/ficheprocedure.do?reference=2011/0374%28COD%29

http://www.europarl.europa.eu/news/en/pressroom/content/20130312IPR06438/html/New-EU-rules-to-ensure-rapid-redress-for-disappointed-shoppers



EN: CMO common market organisation

fælles markedsordning

EN: single CMO, common organisation of the single market

fusionsmarkedsordningen

The common market organisations (CMOs) govern
the production and trade of products or groups of products (cereals, fruit and
vegetables, pork meat, eggs, wine, etc.) with the aim of ensuring steady
revenue for farmers and a continued supply for European consumers. The CMOs are
fundamental instruments in the common agricultural market in that they
eliminate obstacles to intra-Community trade in agricultural products and
maintain a common customs barrier with respect to third countries. 

In order to fulfil their role, the CMOs use a
number of mechanisms:
market intervention (buy-back of surplus produce, help with storage, price fixing across the market);
direct payment to farmers;
limiting production;
trade measures (customs duties, tariff quotas
and export refunds).

Since the reform of the CAP in 2003, most CMOs
have been subject to the new system of a single farm payment. The majority of
aid has therefore been paid directly to farmers, independent of production
volumes (decoupling).

In 2007, as part of the process to simplify the
CAP, a common organisation of the single market covering different sectors was
established to replace the existing 21 CMOs.
Source: http://europa.eu/legislation_summaries/glossary/common_agricultural_markets_en.htm (EU 11)
Further reading: http://europa.eu/legislation_summaries/agriculture/agricultural_products_markets/l67001_en.htm
(EU 23)
See also: http://www.europarl.europa.eu/factsheets/4_1_3_fr.htm (EU 11)
Context:
CAP reform proposals http://europa.eu/rapid/press-release_MEMO-11-685_en.htm
The term is also on IATE



EN: NEET neither in employment, education or training

hverken i arbejde eller under uddannelse

Jeg har også set andre måder at skrive det på, så der frit valg mellem:
hverken i arbejde/job/beskæftigelse eller under/i gang med en uddannelse

The indicator young people neither in employment nor in education and training, abbreviated as NEET, corresponds to the percentage of the population of a given age group and sex who is not employed and not involved in further education or training.
The (...) the indicator refers to persons meeting these two conditions:
they are not employed (i.e. unemployed or inactive according to the International Labour Organisation definition);
they have not received any education or training in the four weeks preceding the survey.
Source: Eurostat
http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/Glossary:NEET

FUrther reading:http://europa.eu/familyalliance/news/2012/20120709-eurofund-young-people-neets_en.htm

ALso: IATE!


EN: CSD central securities depository

værdipapircentral

EN: SSS securities settlement system  - en forkortelse for mange andre ting også i IATE :-)

værdipapirafviklingssystem

A Central Securities Depository (CSD) is an organization
holding securities either in certificated or uncertificated (dematerialized)
form, to enable book entry transfer of securities. In some cases these
organizations also carry out centralized comparison, and transaction processing
such as clearing and settlement of securities. The physical securities may be
immobilised by the depository, or securities may be dematerialised (so that
they exist only as electronic records). http://en.wikipedia.org/wiki/Central_securities_depository
Context:
On 7 March 2012, the Commission adopted a proposal
for a Regulation on improving securities settlement in the European Union and
on central securities depositories. (…)The initiative is an important part of
the Commission's agenda to enhance the safety and soundness of the financial
system, together with the proposal for a Regulation on "OTC derivatives,
central counterparties and trade repositories" (EMIR) adopted by the
European Commission on 15th September 2010 and the Markets in Financial
Instruments Directive (MiFID). http://ec.europa.eu/internal_market/financial-markets/central_securities_depositories_en.htm
SSS = securities settlement systemDefinition:
The full set of institutional arrangements for confirmation, clearance, and settlement of securities trades and safekeeping of securities. http://www.newyorkfed.org/banking/payment_glossary.html


Context:

same as CSD.

ALSo: IATE


Rettelser modtages gerne, som altid.

Words of the Moment

Christina skriver: Jeg er kommet bagefter med vores WoM, men her er de seneste:

handel for egen regning
EN: proprietary trading, også PPT eller PTS

Proprietary trading (also "prop trading" or PPT)
occurs when a firm trades stocks, bonds, currencies, commodities, their
derivatives, or other financial instruments, with the firm's own money as
opposed to its customers' money, so as to make a profit for itself.

Source:  http://en.wikipedia.org/wiki/Proprietary_trading

Context: A report produced by a European Union advisory group,
chaired by Bank of Finland Governor Erkki Liikanen, recommends a series of
changes to the way banks are structured and funded to make it easier for them
to be wound down if they get into trouble. Under the proposals, proprietary
trading, which involves banks attempting to profit from trading using their own
shareholders’ funds, will in future have to be placed within a separate legal
vehicle to ensure that it poses no risk to a lender’s deposit-taking business.

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9581526/EU-plans-curbs-on-bank-risk-taking.html

Note: market making is considered a form of proprietary trading.


market maker/prisstiller
market making/prisstilling

EN: market making/maker

A market maker is a company, or an individual,
that quotes both a buy and a sell price in a financial instrument or commodity
held in inventory, hoping to make a profit on the bid-offer spread, or turn.
Most foreign exchange trading firms are market makers and so are many banks.

A market maker aims to make money by buying
stock at a lower price than the price at which they sell it, or selling the
stock at a higher price than they buy it back. Ordinarily, they can make money
in both rising or falling markets, by taking advantage of the difference
between "bid" and "offer" prices.
Source> wikipedia

egenveksel (ordregældsbrev i nogle EU-tekster) vs veksel
EN: promissory note vs bill of exchange

Promissory note:
A written, dated and signed two-party instrument containing an
unconditional promise by the maker to pay a definite sum of money to a
payee on demand or at a specified future date.

The only difference between a promissory note and a bill of exchange is
that the maker of a note pays the payee personally, rather than ordering
a third party to do so.
Read more: http://www.investopedia.com/terms/p/promissorynote.asp#ixzz2Jrp2JVQs

Bill of exchange:
A non-interest-bearing written order used primarily in international trade
that binds one party to pay a fixed sum of money to another party at a
predetermined future date.

Bills of exchange are similar to checks and promissory notes. They can
be drawn by individuals or banks and are generally transferable by
endorsements.

The difference between a promissory note and a bill of
exchange is that this product is transferable and can bind one party to
pay a third party that was not involved in its creation. If these bills
are issued by a bank, they can be referred to as bank drafts. If they
are issued by individuals, they can be referred to as trade drafts.
Read more: http://www.investopedia.com/terms/b/billofexchange.asp#ixzz2KDCX9nZK

ALSO: IATE, WIkipedia...

Context: Rome I regulation
http://europa.eu/legislation_summaries/justice_freedom_security/judicial_cooperation_in_civil_matters/jl0006_en.htm

Fisk

Havgalt, dansk havgalt,  capros aper, Eberfisch, boarfish, sanglier, pesce tamburo.

Ukvoteret fisk, der bruges til fiskemel. Danmark er i gang med at opbygge et fiskeri efter havgalt. Det er nu på 15.000 t/år. Den fiskes hovedsagelig i Den engelske Kanal.

WoM, AoM og Jargon Watch fra sidste og denne uge

Christina skriver: Her er de sidste ugers

WoM


gruppesøgsmål,
tidligere kollektive søgsmål - men Retsplejeloven er blevet ændret i 2007 og arbejder med første begreb.

collective redress // class actions (USA)

Form of lawsuit that allows a group of people to bring an action against the same defendant for the same reasons before one court.


hydraulisk frakturering, hydrofraktur

Hydraulic fracturing (hydro-fracturing, hydrofracking, fracking)

a technique used to release petroleum, natural gas or other substances for extraction. Fluids, commonly made up of water and chemical additives, are injected at high pressure into oil or gas deposits to fracture the rock above and release the liquid or gas below.


AoM


FIU = finansiel efterretningsenhed,
 i Danmark er det Hvidvasksekretariatet hos Statsadvokaten for Særlig Økonomisk Kriminalitet

FIU = Financial Intelligence Unit

Specialized government agencies created to help deal with the problem of money laundering and other financial crimes.


LCR = likviditetsdækningsgrad, kortsigtet likviditetsdækningskvote

LCR = Liquidity Coverage Ratio

The liquidity coverage ratio is an important part of the Basel Accords, as it defines how much high quality liquid assets have to be held by financial institutions to meet short-term obligations in case of an acute stress scenario.


Jargon Watch


Grexit/Brexit

Grexit refers to Greece’s exit from the EU due to the financial difficulties it has been going through. There was some talk of it in the first part of this year. At the moment though, it would seem  the political leaders have been able to avoid Grexit.
Brexit on the other hand, which has appeared in the second part of this year, refers to Britain’s exit from the EU, not so much due to economic difficulties but rather to unwillingness to remain.
Further reading: http://blogs.reuters.com/hugo-dixon/2012/11/12/brexit-could-come-before-grexit/



Hysteresis


From wikipedia: In economics, hysteresis refers to the possibility that periods of high unemployment tend to increase the rate of unemployment below which inflation begins to accelerate, commonly referred to as the natural rate of unemployment or non-accelerating inflation rate of unemployment (NAIRU).
From wikipedia: In economics, hysteresis refers to the possibility that periods of high unemployment tend to increase the rate of unemployment below which inflation begins to accelerate, commonly referred to as the natural rate of unemployment or non-accelerating inflation rate of unemployment (NAIRU). The term is based on the physical phenomenon of hysteresis in magnetic materials.

from today's Telegraph:
Economists call the loss of skills that accompanies such a prolonged slump ""hysteresis"" – or permanently higher unemployment as the lost generation forever fails to make it onto the jobs ladder.
 term is based on the physical phenomenon of hysteresis in magnetic materials.

from today's Telegraph:
Economists call the loss of skills that accompanies such a prolonged slump ""hysteresis"" – or permanently higher unemployment as the lost generation forever fails to make it onto the jobs ladder.



Tidligere ugers WoM, AoM og Jargon Watch ligger på epiweb.
Kommentarer modtages gerne.

Denne uges WoM, AoM, JW

Christina skriver: Denne uges.

WoM

EN: financial backstop

DA: bagstopper

ECON a backstop is a precautionary measure warding off impending danger or damage or injury. The term "financial backstop" is often used to describe the ESM that entered into force on the 8th of October 2012, but it can also have a more generic meaning, referring to other measures of financial assistance.

AoM

EPPO = European Public Prosecutor Office

The European Public Prosecutor's Office would be responsible for investigating, prosecuting and bringing to justice those who damage assets managed by or on behalf of the EU.
It would also exercise the functions of prosecutor in the competent courts of the EU countries, in relation to such offences.

DA: europæisk
 anklagemyndighed

Forkortelsen EPPO står i IATE stadig kun for

Plantebeskyttelsesorganisationen for Europa og Middelhavsområderne

på dansk.

JW

EN: Van Rompuy paper

DA: Van Rompuy-rapport

The so-called Van Rompuy paper refers to the document on the reinforcement of the Economic and Monetary Union  presented by Van Rompuy on 1st October 2012. The June European Council gave Van Rompuy and the three other presidents (Commission, European Central Bank and Eurogroup) a timetable to reinforce the Economic and Monetary Union (EMU): produce an interim report at the 18-19 October summit and a final one at the December summit. In draft guidelines for the conclusions of the October summit, dated 1 October, Van Rompuy gives member states “first indications” of what he plans to suggest in his interim report

Kommentarer modtages gerne.
Tidligere ugers WoM, AoM og JW ligger på epiweb.

Sidste uges WoM, AoM og JW

Christina skriver: Sidste uges.

WoM

Grønne vs hvide job

"Grønne job.De grønne job handler om alt indenfor grøn energi.
Hvide job.
Hvide job er indenfor social- og sundhedsområdet, hvor der samlet set mangler mange hænder i hele EU."


AoM


SSM = Single Supervisory Mechanism

fælles tilsynsmekanisme
Jeg har også set SSM, men kun i papirer fra Danske Bank.


"SSM – Single Supervisory Mechanism (Not to be confused with the Special Safeguard Mechanisms (SSM)
At the European Summit in June 2012, the heads of state and government concluded an agreement on the establishment of a single supervisory mechanism over banks and gave the European Central Bank and the Commission the task of drawing up the relevant legislative package.

A total of six thousand financial institutions
in the eurozone may be covered by the supervisory mechanism. This will be the
first step towards the creation of a banking union comprising the 17 countries
of the eurozone. At this early stage it is assumed that the supervisory
institution’s task will include issuing and withdrawing banking licences.
Countries outside the eurozone will also be able to join the planned mechanism,
in which case their banks will also come under ECB financial supervision. There
is a risk, therefore, that, as in the case with the fiscal pact, the
decision-making powers on matters relating to the supervisory mechanism will be
limited to members of the eurozone.




JW

Arab seasons

Arabiske årstider

People still speak misleadingly of the “Arab spring”.  A more accurate term would be the “Arab seasons”. For the situation varies greatly from country to country. Some places have seen revolutions which have ushered in a new, healthy stability remarkably quickly.Tunisia is the prime example of this. In other countries, such as Morocco, change has come gradually, and in yet others we can only offer our assistance in the hope that democracy will take firmer root.  Egypt, a key regiona lplayer, falls into this last category. (Speech by Federal Minister Guido Westerwelle at the opening of the Business Forum at the Ambassadors Conference on 28 August 2012 in the Federal Foreign Office)

Kommentarer modtages gerne.
Tidligere ugers WoM, AoM og JW ligger på epiweb.