Glossary entry

Spanish term or phrase:

buen valor

English translation:

good value

Added to glossary by Sheilann
Jan 17, 2002 19:00
22 yrs ago
3 viewers *
Spanish term

buen valor

Spanish to English Bus/Financial Investment / Securities Investment
En el caso de incumplimiento en el pago por cualquiera de las partes en el día de liquidación, se abonará el mismo con buen valor.

We're talking about investments how payment is made to Collective Investment Institutions.
Proposed translations (English)
4 +2 good value

Proposed translations

+2
2 mins
Selected

good value

expression used to request the application of a defined retroactive value date to a transaction.

Saludos
Peer comment(s):

agree Hermeneutica : Exactly. E.g. if the bank screws up and holds your payment for ever because they "can't find your account" in the end they have to credit with the original value date which means extra interest or no interest on overdrafts etc.
11 mins
agree Sue Horn
5 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you both. It certainly fits the context - although it does seem too literal to be true! And both definitions are well worth bearing in mind. "
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