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1 trade adviser
Юридический термин: торговый советник -
2 trade adviser
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3 trade adviser
English-russian dctionary of contemporary Economics > trade adviser
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4 trade adviser
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5 adviser
nсоветник; консультант; эксперт- adviser to a committee
- adviser to the delegation
- chief adviser
- economic adviser
- field advisers
- financial adviser
- foreign-policy adviser
- government adviser
- inter-regional adviser
- legal adviser
- military adviser
- National Security Adviser to the President
- national security adviser
- policy adviser
- political adviser
- presidential adviser
- President's Chief Adviser on Arms Control
- regional adviser
- senior adviser
- Special Adviser to the President for Foreign Affairs
- technical adviser
- top adviser
- trade adviser
- trusted adviser
- UN adviser
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6 adviser
nсоветник; консультант
- economic adviser
- financial adviser
- government adviser
- investment adviser
- publicity adviser
- special adviser
- tax adviser
- technical adviser
- trade adviserEnglish-russian dctionary of contemporary Economics > adviser
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7 adviser
советник; консультант• -
8 commodity trade
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9 Special Adviser to the President on Foreign Trade
Американизм: Специальный советник президента по внешней торговлеУниверсальный англо-русский словарь > Special Adviser to the President on Foreign Trade
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10 advisor
nсоветник; консультант
- economic adviser
- financial adviser
- government adviser
- investment adviser
- publicity adviser
- special adviser
- tax adviser
- technical adviser
- trade adviserEnglish-russian dctionary of contemporary Economics > advisor
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11 TA
1) Общая лексика: teaching assistant2) Компьютерная техника: Test Account, Timing Advance3) Биология: toxin-antitoxin4) Авиация: высота перехода (transition altitude)5) Медицина: truncus arteriosus6) Американизм: Two-letter Acronym7) Спорт: Team Attack, Time Averages, Touchdown Anytime, Try Again8) Военный термин: Tank Army, Task Authorization, Technical Architecture, Territorial Army, Test Article, Theater Army, Time Allocation, Top Of Area, Total Annihilation, Totally Assembled, Traffic Analysis, Transportability Approval, table of allowance, tactical advantage, tactical air, tactical aircraft, tactical airlift, tactical area, tactical aviation, target acquisition, target aircraft, target altitude, target analysis, target angle, target area, task analysis, task assignment, technical adviser, technical agreement, technical analysis, technical arrangement, technical assistant, technology assessment, terrain analysis, terrain avoidance, threat analysis, threat axis, time of arrival, torpedo aircraft, towed array, tractor artillery, training, training adviser, training aid, training area, training assets, transport aircraft, transport aviation, transportation authorization, travel allowance, travel authorization9) Техника: TACAN approach, tape adapter, tape advance, telegraph apparatus, telephone apparatus, telescope assembly, total audience, transmitter attenuation, transverse acoustic, true altitude, turnaround10) Химия: Titratable Acidity, Total Alkalinity11) Финансы: итоговый баланс (total assets)12) Автомобильный термин: temperature air (Honda), traffic announcements13) Биржевой термин: Trading As14) Грубое выражение: Tits And Ass15) Телекоммуникации: Terminal Adapter (ISDN)16) Сокращение: Tamil, Target Alert, Technical Assessment, Telephone Assembly, Telescoped Ammunition, Traffic Advisory, Transition Altitude, Tuition Assistance, temperature of air, track adjustment, Triphenylarsine (Chemical warfare agent), Territorial Army (UK), transactional analysis17) Физиология: Tenth Amphetamine, Traffic accident18) Электроника: Terminal Adaptor, Transistor Amplifier19) Вычислительная техника: terminal adapter, Transmitter Address (FPK)20) Нефть: temporarily abandoned, transmitted amplitude, Technical Advisor (in SGSI), временно оставленный (о скважине; temporarily abandoned)21) Кардиология: tricuspid atresia (атрезия трикуспидального (трехстворчатого) клапана)22) Банковское дело: акцептованный торговый вексель (trade acceptance), агент по передаче ценных бумаг (transfer agent), трансфертный агент (transfer agent), переводный счёт (transferable account)23) Транспорт: Traction Avant, Trans American, Turbo Air24) Фирменный знак: Texas Anime25) Экология: trichlorphenoxyacetic acid26) Деловая лексика: Triumph Adler27) Бурение: временно оставленная (temporarily abandoned; скважина), временно законсервированная (temporarily abondoned; скважина)28) Глоссарий компании Сахалин Энерджи: temporally abandoned29) Образование: Teacher Advisory, Teacher Assassin, Teacher Assessment30) Инвестиции: trade acceptance, transfer agent, transferable account31) Сетевые технологии: trunk access, абонентский адаптер, доступ к магистрали, доступ к соединительным линиям32) Полимеры: technical assistance, terephthalic acid, thermal analysis33) Ядерная физика: Time Analyzer, Triacetin34) Океанография: Technical Applications35) Макаров: toxin-antitoxin, TAT36) Расширение файла: Tape Address37) Имена и фамилии: Thomas Anderson, Thomas Austin, Tony Anderson38) Должность: Teacher Advisor, Teacher Assistant, Teacher's Assistant, Teaching Artist, Travel Agent39) Чат: Thanks Again, Think Again40) СМС: Thanks Alot41) Международная торговля: Trade Assistant -
12 Ta
1) Общая лексика: teaching assistant2) Компьютерная техника: Test Account, Timing Advance3) Биология: toxin-antitoxin4) Авиация: высота перехода (transition altitude)5) Медицина: truncus arteriosus6) Американизм: Two-letter Acronym7) Спорт: Team Attack, Time Averages, Touchdown Anytime, Try Again8) Военный термин: Tank Army, Task Authorization, Technical Architecture, Territorial Army, Test Article, Theater Army, Time Allocation, Top Of Area, Total Annihilation, Totally Assembled, Traffic Analysis, Transportability Approval, table of allowance, tactical advantage, tactical air, tactical aircraft, tactical airlift, tactical area, tactical aviation, target acquisition, target aircraft, target altitude, target analysis, target angle, target area, task analysis, task assignment, technical adviser, technical agreement, technical analysis, technical arrangement, technical assistant, technology assessment, terrain analysis, terrain avoidance, threat analysis, threat axis, time of arrival, torpedo aircraft, towed array, tractor artillery, training, training adviser, training aid, training area, training assets, transport aircraft, transport aviation, transportation authorization, travel allowance, travel authorization9) Техника: TACAN approach, tape adapter, tape advance, telegraph apparatus, telephone apparatus, telescope assembly, total audience, transmitter attenuation, transverse acoustic, true altitude, turnaround10) Химия: Titratable Acidity, Total Alkalinity11) Финансы: итоговый баланс (total assets)12) Автомобильный термин: temperature air (Honda), traffic announcements13) Биржевой термин: Trading As14) Грубое выражение: Tits And Ass15) Телекоммуникации: Terminal Adapter (ISDN)16) Сокращение: Tamil, Target Alert, Technical Assessment, Telephone Assembly, Telescoped Ammunition, Traffic Advisory, Transition Altitude, Tuition Assistance, temperature of air, track adjustment, Triphenylarsine (Chemical warfare agent), Territorial Army (UK), transactional analysis17) Физиология: Tenth Amphetamine, Traffic accident18) Электроника: Terminal Adaptor, Transistor Amplifier19) Вычислительная техника: terminal adapter, Transmitter Address (FPK)20) Нефть: temporarily abandoned, transmitted amplitude, Technical Advisor (in SGSI), временно оставленный (о скважине; temporarily abandoned)21) Кардиология: tricuspid atresia (атрезия трикуспидального (трехстворчатого) клапана)22) Банковское дело: акцептованный торговый вексель (trade acceptance), агент по передаче ценных бумаг (transfer agent), трансфертный агент (transfer agent), переводный счёт (transferable account)23) Транспорт: Traction Avant, Trans American, Turbo Air24) Фирменный знак: Texas Anime25) Экология: trichlorphenoxyacetic acid26) Деловая лексика: Triumph Adler27) Бурение: временно оставленная (temporarily abandoned; скважина), временно законсервированная (temporarily abondoned; скважина)28) Глоссарий компании Сахалин Энерджи: temporally abandoned29) Образование: Teacher Advisory, Teacher Assassin, Teacher Assessment30) Инвестиции: trade acceptance, transfer agent, transferable account31) Сетевые технологии: trunk access, абонентский адаптер, доступ к магистрали, доступ к соединительным линиям32) Полимеры: technical assistance, terephthalic acid, thermal analysis33) Ядерная физика: Time Analyzer, Triacetin34) Океанография: Technical Applications35) Макаров: toxin-antitoxin, TAT36) Расширение файла: Tape Address37) Имена и фамилии: Thomas Anderson, Thomas Austin, Tony Anderson38) Должность: Teacher Advisor, Teacher Assistant, Teacher's Assistant, Teaching Artist, Travel Agent39) Чат: Thanks Again, Think Again40) СМС: Thanks Alot41) Международная торговля: Trade Assistant -
13 ta
1) Общая лексика: teaching assistant2) Компьютерная техника: Test Account, Timing Advance3) Биология: toxin-antitoxin4) Авиация: высота перехода (transition altitude)5) Медицина: truncus arteriosus6) Американизм: Two-letter Acronym7) Спорт: Team Attack, Time Averages, Touchdown Anytime, Try Again8) Военный термин: Tank Army, Task Authorization, Technical Architecture, Territorial Army, Test Article, Theater Army, Time Allocation, Top Of Area, Total Annihilation, Totally Assembled, Traffic Analysis, Transportability Approval, table of allowance, tactical advantage, tactical air, tactical aircraft, tactical airlift, tactical area, tactical aviation, target acquisition, target aircraft, target altitude, target analysis, target angle, target area, task analysis, task assignment, technical adviser, technical agreement, technical analysis, technical arrangement, technical assistant, technology assessment, terrain analysis, terrain avoidance, threat analysis, threat axis, time of arrival, torpedo aircraft, towed array, tractor artillery, training, training adviser, training aid, training area, training assets, transport aircraft, transport aviation, transportation authorization, travel allowance, travel authorization9) Техника: TACAN approach, tape adapter, tape advance, telegraph apparatus, telephone apparatus, telescope assembly, total audience, transmitter attenuation, transverse acoustic, true altitude, turnaround10) Химия: Titratable Acidity, Total Alkalinity11) Финансы: итоговый баланс (total assets)12) Автомобильный термин: temperature air (Honda), traffic announcements13) Биржевой термин: Trading As14) Грубое выражение: Tits And Ass15) Телекоммуникации: Terminal Adapter (ISDN)16) Сокращение: Tamil, Target Alert, Technical Assessment, Telephone Assembly, Telescoped Ammunition, Traffic Advisory, Transition Altitude, Tuition Assistance, temperature of air, track adjustment, Triphenylarsine (Chemical warfare agent), Territorial Army (UK), transactional analysis17) Физиология: Tenth Amphetamine, Traffic accident18) Электроника: Terminal Adaptor, Transistor Amplifier19) Вычислительная техника: terminal adapter, Transmitter Address (FPK)20) Нефть: temporarily abandoned, transmitted amplitude, Technical Advisor (in SGSI), временно оставленный (о скважине; temporarily abandoned)21) Кардиология: tricuspid atresia (атрезия трикуспидального (трехстворчатого) клапана)22) Банковское дело: акцептованный торговый вексель (trade acceptance), агент по передаче ценных бумаг (transfer agent), трансфертный агент (transfer agent), переводный счёт (transferable account)23) Транспорт: Traction Avant, Trans American, Turbo Air24) Фирменный знак: Texas Anime25) Экология: trichlorphenoxyacetic acid26) Деловая лексика: Triumph Adler27) Бурение: временно оставленная (temporarily abandoned; скважина), временно законсервированная (temporarily abondoned; скважина)28) Глоссарий компании Сахалин Энерджи: temporally abandoned29) Образование: Teacher Advisory, Teacher Assassin, Teacher Assessment30) Инвестиции: trade acceptance, transfer agent, transferable account31) Сетевые технологии: trunk access, абонентский адаптер, доступ к магистрали, доступ к соединительным линиям32) Полимеры: technical assistance, terephthalic acid, thermal analysis33) Ядерная физика: Time Analyzer, Triacetin34) Океанография: Technical Applications35) Макаров: toxin-antitoxin, TAT36) Расширение файла: Tape Address37) Имена и фамилии: Thomas Anderson, Thomas Austin, Tony Anderson38) Должность: Teacher Advisor, Teacher Assistant, Teacher's Assistant, Teaching Artist, Travel Agent39) Чат: Thanks Again, Think Again40) СМС: Thanks Alot41) Международная торговля: Trade Assistant -
14 academic
1. сущ.1) общ. ученый, преподаватель ( высшего учебного заведения)Syn:scholar 1)See:2) обр. ученый, человек из университетской среды [академического мира\] (человек, имеющий отношение к университету или колледжу)3) обр. член академииSyn:academist, academician4) общ. последователь философии Платона (по названию сада Академ, в котором Платон проводил свои занятия)5) мн., общ. теоретические [академические\] аргументы [рассуждения, споры\]6) мн., общ., амер. учебные занятия2. прил.1) обр. академический; педагогический; учебный (связанный с преподаванием, преимущественно высшим)See:2) обр. академический ( относящийся к академии)3) общ. научный; ученый ( связанный с научным сообществом)See:4) общ., мет. теоретический; научный (свойственный науке, а не практике); фундаментальный ( в противоположность прикладному)academic education — теоретическая [фундаментальная\] подготовка
Lessons are taught not only through an academic method, but also through games. — Уроки проводятся не только в виде теоретических занятий, но и в форме игры.
Syn:5) общ. чисто теоретический, академичный, отвлеченный; схоластический, праздный; оторванный от жизни, педантичный ( имеет негативный оттенок)an academic discussion of a matter already settled — бесполезное (бесцельное) обсуждение уже решенного дела
Syn:6) общ. академический, канонический, традиционный (напр., о живописи)As an artist he was never too revolutionary to be easily understood, yet never academic enough to be dull. — Его творчество никогда не было настолько революционным, чтобы его трудно было понять, но в то же время оно никогда не было настолько традиционным, чтобы быть скучным.
Syn:formalistic, conventional7) обр. хорошо успевающий; способный к учебеThe system is failing most disastrously among less academic children. — Эта система абсолютно не годится для детей, не склонных к учебе.
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15 debt
сущ.1)а) эк. долг, задолженность; долговое обязательство (определенная сумма, которую одно юридическое или физическое лицо должно возвратить другому в соответствии с имеющимся соглашением; долг возникает в результате отсрочки платежа или предоставления кредита и может быть обеспеченным или необеспеченным)to be in debt(s) — быть в долгу [долгах\], иметь долг [задолженность\]
to be out of debt(s) — освободиться от долга [долгов\]
to run into debt, to get into debt(s); to run up debts — влезать в долги; наделать долгов
to be liable for smb's debts — нести ответственность за чьи-л. долги, быть обязанным платить чьи-л. долги
to get rid of debt, to rid (oneself) of debts — расплатиться с долгами, освободиться от долгов
to discharge [to pay, to repay, to pay off, to pay back, to settle\] debt — выплатить [погасить\] долг, погасить задолженность
to clear debts — покрывать [погашать\] долги
to release smb. from debt — освободить кого-л. от уплаты долга
to forgive a debt — прощать долг, отказываться от получения долга
involved in debt(s) — имеющий долги [задолженность\]
debt in the amount of— долг [задолженность\] в сумме
mountain of debts — куча [масса, гора\] долгов
debt to the government — задолженность государству, задолженность перед государством
See:accumulated debt, active debt, antecedent debt, bad debt, bond debt, consolidated debt, convertible debt, current debt, doubtful debt, fixed-rate debt, floating-rate debt, foreign debt, instalment debt, judgement debt, junior debt, long-term debt, medium-term debt, mezzanine debt, net debt, privileged debt, provable debt, secured debt, senior debt, subordinated debt, trade debt, unsecured debt, acknowledgement of debt, amortization of debt, assumption of debt, debt adjustment, debt adviser, debt bomb, debt burden б), debt buyback, debt cancellation, debt collection, debt consolidation, debt conversion, debt discount, debt forgiveness, debt investment, debt management, debt market, debt manager, debt position, debt reduction, debt refinancing, debt relief, debt reorganization, debt rescheduling, debt restructuring, debt security, debt service, debt trap, debt workout, discharge of debt, evidence of debt, offset of debt, debt coverage ratio, free of debt, debtor, debtee, co-debtor, indebted, indebtednessб) гос. фин. государственный долг ( накопленный дефицит бюджета)Syn:See:bilateral debt, eligible debt, external debt, federal debt, floating debt 1) б), internal debt, multilateral debt, debt burden а), debt crisis, debt Laffer curve, debt overhang, debt swap, deficit, overlapping generations model, government-provided consumption, government borrowing, Lerner's modelв) (состояние, в котором находится должник)They are heavily in debt. — Они глубоко увязли в долгах.
2) фин., учет заемные средства, заемный капитал (часть капитала, сформированная за счет получения долгосрочных кредитов и выпуска долгосрочных долговых ценных бумаг)Syn:See:3) общ. долг, моральное обязательство, признательностьI love each of them very much and hope that one day I can do something to partially repay the great debt of friendship I owe them. — Я очень люблю каждого из них и надеюсь, что когда-нибудь я смогу сделать что-нибудь, чтобы хотя бы частично оплатить долг дружбы перед ними.
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долг: 1) определенная денежная сумма или другой актив, который одно юридическое или физическое лицо должно оплатить (возвратить) другому в соответствии с достигнутым соглашением; долг возникает в результате отсрочки платежа или предоставления кредита и может быть обеспеченным или необеспеченным; 2) долговые инструменты типа облигаций и ипотек, представляющие собой свидетельство долга и оплачиваемые в оговоренный срок или до востребования; = liability.* * *долг; задолженность; заемный капитал; кредит; кредитование. . Словарь экономических терминов . -
16 leader
n1) руководитель; глава; лидер; вождь2) передовая статья, передовица•to censure a government leader in Parliament — принимать вотум недоверия руководителю правительства в парламенте
to stick with one's leader — сохранять верность своему лидеру
- adviser to a military leaderto take over as party leader — приходить к руководству партией; принимать обязанности лидера партии
- all-powerful leader
- authoritative leader
- block leader
- caretaker leader
- change of leaders
- charismatic leader
- church leader
- civil rights leader
- community leader
- Congressional leader
- conservative leader
- coup leader
- de facto leader
- decisive leader
- deputy leader
- divided leaders
- effective leader
- embattled leader
- experienced leader
- fall of a leader
- floor leader
- group leader
- high-ranking party leader
- ideological leader
- in defiance of their leader
- incoming leader
- industrial leader
- key Arab leaders
- labor leader
- leader of a mutiny
- leader of Congress
- leader of the House of Commons
- leader of the House of Lords
- leader of the Senate
- leader-in-waiting
- leaders of the disturbances
- leaders of the government
- leftist political leader
- longtime leader
- majority leader
- media leaders
- militarist leaders
- military leader
- minority leader
- moderate leader
- national leader
- opinion leaders
- opposition leader
- outstanding leader
- parliamentary leader
- party leaders
- political leader
- popular leader
- popularly elected leader
- powerful leader
- progressive leader
- progressive-minded leader
- prominent leader
- protest leader
- public leader
- radical leader
- rebel military leader
- recognized leader
- reform-minded leader
- regime leaders
- religious leader
- removal of political leaders
- rightful leader
- second-ranking leader
- self-proclaimed leader
- Senate majority leader
- spiritual leader
- state leader
- stop-gap leader
- strike leader
- strong leader
- stuck-in-the-mud political leader
- supreme leader
- team leader
- titular leader
- top leaders
- top political leaders
- trade-union leaders
- underground leaders of an uprising
- undisputed leader
- union leader
- war leader
- weak leader
- worthy leader
- youth leader -
17 employ
1. III1) employ smb. employ workers (seven clerks, many servants, thousands of men, etc.) нанимать рабочих и т.д.; employ doctors держать на службе врачей; the factory employs 600 hands на фабрике работает шестьсот рабочих2) employ smth. book employ one's knowledge (one's genius, one's mind, other means, machinery, etc.) использовать /применять/ свои знания и т.д.; every linguist employs the concept of meaning каждый лингвист пользуется понятием значения; employ one's abilities приложить свои способности2. IVemploy smth. in some manner book. employ one's time usefully (one's leisure pleasantly, one's day profitably, etc.) проводить время с пользой и т.д.; how do you employ your spare time? что вы делаете в свободное время?3. VIIemploy smth. to do smth. book. employ force to open the door (persuasion to make her come, arguments to convince him, everything in one's power to finish the work in time, a knife to cut the bread, etc.) применить силу, чтобы открыть дверь и т.д.; employ smb. to do with. employ a lawyer to draw up a will (a landscape artist to remodel the park, some men to dig up the place, etc.) приглашать /нанимать/ юриста, чтобы составить завещание и т.д.4. XI1) be employed at /in/ some place be employed at /in/ an office (at a factory, in a bank, in a publishing house, etc.) работать в конторе и т.д., he is employed on a railway он служит на железной дороге; he is employed on the New York Times он работает в редакции /он штатный сотрудник/ газеты "Нью-Йорк Таймс"; be employed as smb. be employed as a doctor (as a lawyer, as a nurse, as a clerk, as a supervisor, etc.) работать врачом и т.д.; be employed in some manner be employed continually (regularly, from time to time, etc.) иметь постоянную и т.д. работу; be employed manually быть занятым на физической работе; my boss keeps me fully employed мой начальник следит, чтобы я не оставался без дела; be employed somewhere be employed about the house работать по дому2) be employed in some sphere be employed in industry (in agriculture, in trade, etc.) использоваться в промышленности и т.д., today more and more machinery is employed in construction сегодня в строительстве применяется все больше техники; be employed in some manner book, be employed reasonably (profitably, in a clever way, etc.) использоваться /применяться/ разумно и т.д.; your time might be better employed learning smth. useful вы могли бы лучше /более разумно, более продуктивно/ распорядиться своим временем, обучаясь чему-л. полезному; the money was usefully employed деньги были потрачены с пользой5. XXI1employ smb. at some sum employ smb. at a salary of t 50 (at three dollars an hour. at a high rate of pay, etc.) нанимать кого-л. с зарплатой в пятьдесят фунтов и т.д.6. XXIIemploy one's time in doing smth. book. employ one's time in reading (in writing letters, in shooting, etc.) использовать /проводить/ свое время в чтении и т.д.7. XXIV1employ smth., smb. as smth., smb. employ English as an official language (the crate as a table, him as an interpreter, etc.) использовать английский в качестве официального языка и т.д.; employ alcohol as a solvent употреблять спирт в качестве растворителя; the firm employs her as an adviser фирма пригласила ее на должность консультанта -
18 soft dollaring
See:Another reason managers are interested in controlling client commissions deserves special attention. "Soft dollaring" has got to be one of the most misunderstood and controversial practices in the money management business. The very term "soft dollars" suggests something shady and conjures up images of money exchanging hands in dark alleyways. Among laymen, soft dollars may be confused with "soft money" political contributions. There is a thin connection between "soft dollars" and "soft money." Since brokerage firms are not subject to the same rules pertaining to political contributions as municipal underwriting firms, large "soft money" contributions from owners of brokerage firms do find their way into politicians' coffers more easily than contributions from underwriters. However, it is important to not confuse the two terms.So what is "soft dollaring?" Soft dollaring is the practice whereby money managers use client brokerage commissions to purchase investment research. When a manager pays for products or services with his own money, directly from the research provider, this is referred to as "hard dollars." Payment with client commissions, financed through a brokerage firm, is referred to as "soft dollars." Through soft dollar arrangements money managers are permitted to shift an expense related to the management of assets they would otherwise have to bear, onto their clients. The amount of this research expense the money management industry transfers onto its clients is in the billions annually. As a result, any analysis of the economics of the money management industry should include the effects of soft dollaring; however, we are unaware of any that has. In the institutional marketplace, strange as it may seem, it is possible for a money manager to profit more from soft dollars than from the negotiated asset management fee he receives.The general rule under the federal and state securities laws is that a fiduciary, the money manager, cannot use client assets for his own benefit or the benefit of other clients. To simplify matters greatly, soft dollaring is a legally prescribed exception to this rule. Congress, the SEC and other regulators have agreed that as long as the research purchased assists the manager in making investment decisions, the clients benefit and its legally acceptable. A tremendous amount of strained analysis has gone into the precise policies and procedures that managers must follow in purchasing research with client commission dollars. Over the years a distinction has been made between "proprietary" research or in-house research distributed to brokerage customers without a price tag attached and "independent third-party" research or research written by a third party and sold to managers at a stated price. Third party research has been most frequently criticized because its cost is separately stated and the benefit to managers most obvious. In this latter case, a breach of fiduciary duty seems most glaring. However, it is well known that proprietary research, offered for "free, " is produced to stimulate sales of dealer inventory. So presumably this research lacks credibility and is less beneficial to clients. There have been distinctions drawn between products and services, such as computers, which are "mixed-use, " i.e., which may serve dual purposes, providing both research and administrative uses. An adviser must make a reasonable allocation of the cost of the product according to its uses, the SEC has said. Some portion must be paid for with "hard" dollars and the other with "soft." There are several articles in our Library of Articles that describe soft dollar practices, rule changes and our proposal to Chairman Levitt to reform the soft dollar business.The issue that soft dollaring raises is: when is it acceptable for a manager to benefit from his client's commissions? For purposes of this article we would like to introduce a new and more useful perspective for pensions in their analysis of soft dollars or any other brokerage issue. That is, all brokerage commissions controlled by managers, benefit managers in some way. Brokerage decision-making by managers rarely, if ever, is simply based upon what firm can execute the trade at the best price. Brokerage is a commodity. Almost all brokerage firms offer reasonably competent, "best execution" services. If they didn't, they'd get sued and soon be out of business. Most savvy brokerage marketers don't even try to differentiate their firms with long-winded explanations about best-execution capabilities. Best execution is a given and impossible to prove. If you want to understand how your money manager allocates brokerage, study his business as a whole, including his marketing and affiliates-not just the investment process.The new English-Russian dictionary of financial markets > soft dollaring
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19 economic
1. a экономический; хозяйственный, народнохозяйственный2. a экономически выгодный, целесообразный; рентабельный3. a практический, прикладнойeconomic botany — прикладная ботаника; сельскохозяйственная ботаника
4. a разг. экономный5. a разг. дешёвыйСинонимический ряд:1. material (adj.) material; monetary; productive2. mercantile (adj.) budgetary; business; commercial; financial; fiscal; industrial; marketable; mercantile; related to economy; trade; trading
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