Translation of "Notverkäufe" in English

In addition, Germany argues that it does not need to hold a fire sale for the assets because it has some time for the sale.

Emergency sales of blocks of shares, in order to get liquid money, led to an international stock market crisis.

Fair value is not, therefore, the amount that an entity would receive or pay in a forced transaction, involuntary liquidation or distress sale.

Similarly, if the entity can demonstrate that the last transaction price is not fair value (eg because it reflected the amount that an entity would receive or pay in a forced transaction, involuntary liquidation or distress sale), that price is adjusted.

And, once created, they introduce the rigidities of default and bankruptcy processes, with their potential for fire sales and business disruptions.

Within 24 hours of Lehman’s failure, the US authorities were scrambling to prevent asset fire sales, a run on money market mutual funds, the collapse of other investment banks (such as Merrill Lynch, Morgan Stanley, and Goldman Sachs), and even the demise of large, integrated, global banks (such as Citigroup).

While the restructuring period should be as short as possible so as to restore viability quickly, the Authority will take into account the current crisis conditions and may therefore allow some structural measures to be completed within a longer time horizon than is usually the case, notably to avoid depressing markets through fire sales [20].

Fire sales [4] of assets in depressed market conditions would have led to considerable losses for Sachsen LB and would have resulted in the insolvency of the bank. For this reason various measures were taken.

Such corrective action should always be in the interest of the investors and should not involve any direct obligation to sell the assets immediately after the breach has become apparent, therefore avoiding a ‘fire sale’.

In such circumstances it is not appropriate to conclude that all transactions in that market are not orderly (ie forced liquidations or distress sales).

Moreover, the spot market price level for silicon has stabilized at a low level, which leads us to believe today that this low price level is not a short-term phenomenon due primarily to distress sales.

A nervous, time and financial challenge was the sale of the larger pieces on eBay Classifieds with self-pickup and especially our distress sales, when the overseas container came and it became obvious that not everything would fit in there.

Those were emergency sales.

This financial reporting rule currently forces them to value their own assets on quarterly balance-sheets at a level for which there is no pricing on the market or whose structures are massively distorted as the result of fire sales.

The price of some stocks is determined by fire sales and all types of securities suffer a major devaluation compared to their peak values.

When a sufficient covering by precious metals in the form of coins was lacking, the credit market could collapse and distress sales caused falling prices of real property and the hoarding of precious metals, which aggravated existing crises.

Jeremy Stein (no relation to Kara Stein), until recently a governor of the US Federal Reserve System, has suggested that forced “fire sales” of assets are one important way that risks are transmitted.

The Central Bank of Ireland should require Allied Irish Bank, Bank of Ireland, EBS Building Society and Irish Life & Permanent to meet a target loan-to-deposit ratio (LDR) of 122,5 % by end-2013, while avoiding the fire sale of assets.