à date de valeur compensée

English translation: compensated value date

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

French term or phrase:	date de valeur compensée
English translation:	compensated value date
Entered by:	Conor McAuley

08:59 Apr 24, 2021

French to English translations [PRO]
Bus/Financial - Finance (general)

French term or phrase: à date de valeur compensée

Prospectus about convertible bonds. XXX is the name of these bonds.

One for Rob Grayson, perhaps, if you're around!

"Comme indiqué à l’article 6 ci-avant, la SOCIÉTÉ procédera, au plus tard lors de la constatation de la conversion des XXX en ACTIONS, au paiement de l'intégralité des intérêts attachés aux XXX ainsi converties, par virement à date de valeur compensée à un compte en euros ouvert dans les livres d'une banque dont les coordonnées lui seront préalablement communiquées par l’OBLIGATAIRE."

"La SOCIÉTÉ procédera au paiement de toute somme due au titre du présent CONTRAT par virement à date de valeur compensée à un compte en euros ouvert dans les livres d'une banque dont les coordonnées lui seront préalablement communiquées par l’OBLIGATAIRE."

Valeur compensée is exactly what you'd expect (e.g. https://www.mataf.net/fr/edu/glossaire/valeur-compensee )... but why then can't I find "offset value date" ghits when I gsearch?

Mpoma KudoZ activity Questions: 1027 (4 open) (91 closed without grading) Answers: 385 United Kingdom
Local time: 22:08

compensated value date

Explanation:
date de valeur = value date, even appears in some personal bank account statements

ING is one of the biggest banks in the world:

https://www.ing.be/static/legacy/SiteCollectionDocuments/Tar...

See "Same-Day Payments" page 2, column on right, third paragraph from the top.

Charges applied to international payments, foreign exchange ...https://www.ing.be › SiteCollectionDocuments › T...
PDF
"ING will apply a compensated value date, i.e. the debit value date will correspond to the date on which the correspondent bank is credited."

https://www.proz.com/kudoz/english-to-polish/business-commer...

EN>POL

"Glosariusz Nordea payment services:
Compensated value date: The day when interest calculation on an amount starts on one account and ends on another account."

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Note added at 18 mins (2021-04-24 09:17:54 GMT)
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ON the compensated value date

The date on which money ACTUALLY enters/leaves an account.

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Note added at 1 hr (2021-04-24 10:14:48 GMT)
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Seems to be ok, have reviewed the context, fairly confident.

Selected response from:

Conor McAuley
France
Local time: 23:08

Grading comment

Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer

Summary of answers provided

4 +3

compensated value date

Conor McAuley

on the clearing value date

Adrian MM.

Answers

15 mins confidence:

peer agreement (net): +3

compensated value date

Conor McAuley
France
Local time: 23:08
Specializes in field
Native speaker of: English
PRO pts in category: 127

Grading comment

Selected automatically based on peer agreement.

Notes to answerer

Asker: Thanks. I didn't actually search on this possibilty of "compensated", because that French definition I give with my link is about as clear a definition of "offsetting" as one might hope to find: it says "only the balance" is paid, i.e. taking into account reciprocal liabilities. I'm not entirely sure what you've found really covers this...

Asker: On second thoughts, no, it was other texts I had found which convinced me about the "balance" between two ops in different directions being involved. Think you've got it.

12 hrs confidence:

on the clearing value date

Explanation:
I - call me Bob - don't recognise the term of 'compensated value date' from my Convertible Debenture Trust Deeding days followed by the introduction of 'Reset Bonds', rather clearing, maturity or reset date.

Example sentence(s):

In 1986, electronic payments represented ... - and less than 1% of the clearing value. En 1986, les paiements électroniques ... et moins de 1 % de la valeur compensées par l'ACP. cdnpay.
Reset Bonds Defined A reset bond is a bond that increases its interest rate, or coupon rate, to bring the market value of the bond back to what it was on its original issue date or, more specifically, back to its original value.

Reference: http://finance.zacks.com/reset-bonds-9723.html

Adrian MM.
Austria
Specializes in field
Native speaker of:

English
PRO pts in category: 81

Notes to answerer

Asker: "Clearing"... yes, you have a point! We don't use it much these days because it applied to cheques primarily. Hmmm...

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