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1 exchange rate risk
Finthe risk of suffering loss on converting another currency to the currency of a company’s own country.EXAMPLEExchange rate risks can be arranged into three primary categories. (1.) Economic exposure: operating costs will rise due to changes in rates and make a product uncompetitive in the world market. Little can be done to reduce this routine business risk that every enterprise must endure. (2.) Translation exposure: the impact of currency exchange rates will reduce a company’s earnings and weaken its balance sheet. To reduce translation exposure, experienced corporate fund managers use a range of techniques known as currency hedging. (3.) Transaction exposure: there will be an unfavorable move in a specific currency between the time when a contract is agreed and the time it is completed, or between the time when a lending or borrowing is initiated and the time the funds are repaid. Transaction exposure can be eased by factoring: transferring title to foreign accounts receivable to a third-party factoring house.Although there is no definitive way of forecasting exchange rates, largely because the world’s economies and financial markets are evolving so rapidly, the relationships between exchange rates, interest rates, and inflation rates can serve as leading indicators of changes in risk. These relationships are as follows. Purchasing Power Parity theory (PPP): while it can be expressed differently, the most common expression links the changes in exchange rates to those in relative price indices in two countries:Rate of change of exchange rate = Difference in inflation ratesInternational Fisher Effect (IFE): this holds that an interest-rate differential will exist only if the exchange rate is expected to change in such a way that the advantage of the higher interest rate is offset by the loss on the foreign exchange transactions. Practically speaking, the IFE implies that while an investor in a low-interest country can convert funds into the currency of a high-interest country and earn a higher rate, the gain (the interest rate differential) will be offset by the expected loss due to foreign exchange rate changes. The relationship is stated as:Expected rate of change of the exchange rate = Interest-rate differentialUnbiased Forward Rate Theory: this holds that the forward exchange rate is the best unbiased estimate of the expected future spot exchange rate.Expected exchange rate = Forward exchange rate -
2 market
1. Finthe rate at which financial commodities or securities are being sold2. Gen Mgta gathering of sellers and purchasers to exchange commodities3. Gen Mgta grouping of people or organizations unified by a common need -
3 рыночный валютный курс
Banks. Exchanges. Accounting. (Russian-English) > рыночный валютный курс
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4 рыночный обменный курс
Banks. Exchanges. Accounting. (Russian-English) > рыночный обменный курс
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5 рыночный обменный курс
1) Banking: market exchange rate2) EBRD: economic exchange rate (EER), free market exchange rateУниверсальный русско-английский словарь > рыночный обменный курс
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6 курс черного рынка
неофициальный рынок ценных бумаг; чёрный рынок — curb market
Бизнес, юриспруденция. Русско-английский словарь > курс черного рынка
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7 цена на свободном рынке
Русско-английский большой базовый словарь > цена на свободном рынке
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8 рынок с тенденцией к повышению курсов
Русско-английский большой базовый словарь > рынок с тенденцией к повышению курсов
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9 Schwarzmarktkurs
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10 рыночный валютный курс
Economy: free exchange rate, market exchange rateУниверсальный русско-английский словарь > рыночный валютный курс
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11 ринковий обмінний курс
economic exchange rate (EER); free market exchange rate -
12 курс свободного рынка
Banking: money market exchange rateУниверсальный русско-английский словарь > курс свободного рынка
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13 среднерыночный курс
Finances: mid-market ( exchange) rateУниверсальный русско-английский словарь > среднерыночный курс
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14 курс свободного рынка
Русско-английский словарь по экономии > курс свободного рынка
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15 Kurs
Kurs m 1. BÖRSE quoted price, rate, price, pr.; 2. FIN price, pr.; 3. MGT, PERS, SOZ course (Lehrgang); 4. WIWI price, pr. (Wertpapiere) • den Kurs durch Leerverkäufe nach unten drücken BÖRSE hammer the market • den Kurs einer Aktie durch Verkäufe drücken BÖRSE raid the market • die Kurse sind ins Bodenlose gesunken WIWI the bottom has dropped out of the market • einen Kurs haben von BÖRSE trade at • Kurse können sowohl fallen als auch steigen BÖRSE prices can go down as well as up • Kurse sind niedriger notiert worden BÖRSE prices have been marked down* * *m 1. < Börse> quoted price, rate, price (pr.) ; 2. < Finanz> price (pr.) ; 3. <Mgmnt, Person, Sozial> Lehrgang course; 4. <Vw> Wertpapiere price (pr.) ■ den Kurs einer Aktie durch Verkäufe drücken < Börse> raid the market ■ die Kurse sind ins Bodenlose gesunken <Vw> the bottom has dropped out of the market ■ einen Kurs haben von < Börse> trade at ■ Kurse können sowohl fallen als auch steigen < Börse> prices can go down as well as up ■ Kurse sind niedriger notiert worden < Börse> prices have been marked down* * *Kurs
price, market rate (price), market, (Lehrgang) course, (politische Linie) line, (Notierung) quotation, value, (Termingeschäft) forward (future, US) rate, (Umlauf) circulation, (Wechselkurs) rate of exchange, exchange rate;
• außer Kurs [gesetzt] out of circulation;
• bei sinkenden (weichenden) Kursen at reduced prices, prices dropping off;
• bei steigenden (anziehenden) Kursen in a rising market;
• bei weichenden Kursen at prices dropping off;
• hoch im Kurs (sehr geschätzt) at a premium;
• ohne Kurs without official quotation, not quoted, unlisted (US), (Börsenbericht) no transactions;
• unter dem Kurs below parity rate;
• zu dem im Indossament angegebenen Kurs at the exchange as per indorsement;
• zu einem festen Kurs (Devisentermingeschäft) outright;
• zu besonders günstigem Kurs at a favo(u)rable rate of exchange;
• zu verschiedenen Kursen limitiert on a scale;
• zum Kurs von at the rate of exchange (parity) of;
• zum angeführten Kurs at the quoted exchange;
• zum ersten Kurs at the opening [price];
• zum gegenwärtigen Kurs at the current rate of exchange (present quotation);
• zum günstigen Kurs (Börse) at the best price, (Wechselkurs) at the most favo(u)rable rate;
• zum höchsten Kurs at the highest rate of exchange;
• zum mittleren Kurs at the parity rate;
• zum verzeichneten Kurs at the rate [of exchange] quoted;
• abbröckelnde Kurse slackening prices;
• abflauende Kurse dropping (crumbling, receding, sagging) prices;
• amtlicher Kurs market (official) rate, official quotation, (Wechselkurs) currency [rate of exchange];
• annähender Kurs approximate rate;
• ansteigender Kurs rising price;
• knapp aufrechterhaltener Kurs barely supported price;
• außerbörslicher Kurs curb [market] price, curb (kerb, Br.) rate, inofficial quotation, outside market;
• äußerster Kurs bottom price;
• bestehender Kurs ruling rate;
• bezahlter Kurs real exchange;
• gleich bleibender Kurs steady course;
• davonlaufende Kurse soaring prices;
• um Bruchteile differierender Kurs close price;
• doppelter Kurs two-way price (Br.);
• durchschnittlicher Kurs middle price;
• effektiver Kurs actual quotation;
• entsprechender Kurs reasonable price;
• erster Kurs opening price (rate);
• heute erzielte Kurse rates obtained at today’s market;
• fallender Kurs declining (receding, dropping, sagging, falling-off) price, (Wechselkurs) falling rate;
• fester Kurs fixed (established) rate, fixed (firm) price;
• nicht fester Kurs fluctuating rate;
• festgelegter Kurs (Schiff) lane;
• fiktive Kurse forced quotations;
• fortlaufender Kurs currently adjusted rate;
• fortschnellende Kurse buoyant prices;
• freier Kurs inofficial price;
• gedrückte Kurse depressed (slackening, low level of) prices;
• gegenwärtiger Kurs current rate (price), ruling price (US);
• künstlich gehaltene Kurse pegged prices, (Wechselkurs) pegged exchange [rate];
• tatsächlich gehandelte Kurse bargains made, actual quotations;
• geldpolitischer Kurs monetary policy;
• gemachter Kurs real exchange;
• genannter (gesprochener) Kurs nominal price;
• gesetzlicher Kurs legal rate;
• gestiegener Kurs advanced (increased) price;
• gestützter Kurs pegged (supported) price, pegged exchange rate;
• künstlich in die Höhe getriebener Kurs ballooning price (US);
• günstiger Kurs (Wechselkurs) favo(u)rable exchange rate;
• haussierende Kurse booming prices;
• höchster Kurs highest quotation (price), peak (top) price;
• intervalutarischer Kurs foreign exchange rate;
• laufender Kurs current quotation, (Wechselkurs), running course of exchange;
• leichter Kurs snap course;
• letzte Kurse last prices (quotation);
• limitierter Kurs limited price;
• manipulierter Kurs manipulated price;
• mittlerer Kurs mean course;
• nachbörslicher Kurs kerb [stone] (Br.) (curb) [market] (US) price, price after hours, street (Br.) (outside) price;
• nachgebende Kurse sagging (receding, declining, crumbling, slackening) prices, sagging (declining) market;
• nachlassende Kurse declining market;
• niedriger Kurs low rate (price);
• niedrigster Kurs lowest quotation (possible price), bargain level, bottom price;
• nomineller Kurs nominal price (exchange, rate);
• notierter Kurs quoted (listed, US, tape) price;
• fortlaufend notierte Kurse consecutively quoted prices;
• zuletzt notierter Kurs last quotation;
• offizieller Kurs official quotation;
• politischer Kurs [orientation of] policy;
• rückläufige Kurse drooping rates, retrograde prices, down (declining) market, bears (US);
• schwankende Kurse fluctuating prices (quotations, rates);
• sinkende Kurse sagging (falling, declining) prices;
• spekulativer Kurs speculative price;
• stabilisierte Kurse pegged prices;
• niedrigst stehende Kurse hardpan prices (US coll.);
• steigende Kurse rising market, up, bulls (US);
• rasch steigende Kurse soaring prices;
• telegrafische Kurse tape prices;
• übersteigerter Kurs exaggerated (outbid) quotation;
• unbeständiger Kurs variable exchange;
• uneinheitliche Kurse mixed market;
• ungünstiger Kurs (Wechselkurs) unfavo(u)rable exchange rate;
• Kurs unverändert (Devisen) exchange the same;
• variabler Kurs variable exchange;
• veränderlicher Kurs fluctuating market rate (US);
• bei fast keinem Umsatz verzeichnete Kurse untested prices;
• weichende Kurse receding prices;
• weicher Kurs (pol.) soft line;
• Kurse von Dividendenwerten equity prices;
• Kurs in Prozenten rate per cent;
• agrarpolitischer Kurs der Regierung government’s agricultural policy;
• Kurs für Sichtpapiere sight rate;
• Kurse für Sorten und Devisen auf europäischen Plätzen continental rates (Br.);
• Kurse mit großer Spanne zwischen Geld- und Briefkurs wide prices;
• Kurs für Termindevisen forward exchange rate;
• Kurs für Termingeschäfte forward (futures, US) rate, futures price (US);
• Kurse für mündelsichere Wertpapiere gilts prices (Br.);
• Kurs im Zeitpunkt der Optionsausübung exercise price;
• vom Kurs abkommen to get off course;
• vom offiziellen Kurs abweichen to deviate from the official line;
• Kurs angeben to state a price, (Wechselkurs) to quote a rate;
• Kurs des Pfundes an den Dollar anhängen to peg the value of the pound to the dollar;
• besondere Kurse für Aktienpakete aushandeln to negotiate prices on block trades;
• Kurse beeinflussen to have an effect on the market, (Wechselkurs) to affect the rate of exchange;
• Kurse unzulässig beeinflussen to rig the market (Br.);
• weiterhin hohe Kurse behaupten to continue to rule high;
• Kurs belegen to take a course;
• Kurs bestimmen to fix a price;
• Kurse zu neuem Höchststand bringen to push the market into new high ground;
• Kurse auf einen neuen Tiefstand bringen to carry the price to a new low level;
• Kurs decken to cover the rate;
• auf die Kurse drücken to depress the market (prices), to bear the stocks (Br.), to force down the prices, to cause a fall in prices;
• Kurse durch Verkäufe drücken to raid the market;
• Kurs einhalten to stay on the course;
• Kurs einschlagen to [steer a] course;
• neuen Kurs einschlagen to adopt a new course, (Regierung) to adopt a new line (policy);
• realistischen Kurs einschlagen to pursue a realistic course;
• Kurs erhöhen to advance the price;
• Kurs erzielen to reach a price;
• im Kurs fallen to [experience a] fall, to fall (go down, sag) in price, to recede, to go down;
• plötzlich im Kurs fallen to break;
• Kurs festsetzen to fix a price, (Wechselkurs) to fix the rate;
• Kurs feststellen to fix a price;
• Kurse börsenmäßig feststellen to quote (list, US) prices;
• Kurs freigeben (Wechselkurs) to float the exchange rate;
• am Kurs gewinnen to benefit by the exchange;
• Kurs haben auf (Schiff) to make (head) for;
• gesetzlichen Kurs haben to be legal tender (lawful money, US);
• Kurs des britischen Pfundes niedrig halten to keep down the Sterling exchange rate;
• Kurs herabdrücken to depress (force down) the price;
• Kurs herabsetzen to lower the rate;
• Kurs heraufsetzen (Börse) to advance (improve) the price (rate);
• Kurs hinauftreiben to force (push up, send up) the price;
• Kurse hochtreiben to boom (rig) the market;
• auf Kurs liegen (Schiff) to head for;
• Kurs notieren to quote (list, US) a price;
• außer Kurs setzen to withdraw (recall) from circulation, to call in, to demonetize (Br.);
• schlechtes Geld außer Kurs setzen to call in clipped money;
• Geldmünzen außer Kurs setzen to withdraw coins from circulation;
• in Kurs setzen to circulate;
• wieder in Kurs setzen to remonetize (Br.);
• Kurs sichern (Wechselkurs) to fix (cover, hedge) a rate;
• Kurse stabilisieren to stabilize prices;
• im Kurs stehen to be quoted (listed, US) at;
• im Kurs steigen to [experience a] rise, to improve, to advance (increase) in price, to be a rising market, to go up;
• plötzlich im Kurs steigen to have a sudden rise, to skyrocket (US);
• Kurse in die Höhe steigern to boom the market;
• Kurs steuern to steer a course;
• Kurs stützen to support a price, (Wechselkurs) to peg the exchange, to support a currency;
• Abschlüsse auf New York zum Kurs von... tätigen to effect exchange deals on New York at...;
• Kurse in die Höhe treiben to make a (boom the) market, to push (force, send) up prices, to skyrocket (US);
• Kurse künstlich in die Höhe treiben to rig the market;
• Kurs von 480 überschreiten to cross 480;
• zum Kurs von... notiert werden to be quoted (listed, US) at the rate of...;
• Kurse bessern sich prices are improving;
• Kurse bleiben fest prices are running high;
• Kurse bleiben stabil prices continue stable;
• Kursbröckeln ab prices are easing off (crumbling [off]);
• Kurserholen sich prices are improving;
• Kurse erreichen ihr altes Niveau prices recover their old level;
• Kurse fallen prices are declining (dropping), prices are on the decline;
• Kurse flauen ab prices are sagging;
• Kurse geben nach prices are softening;
• Kurse gehen zurück prices are crumbling (receding);
• Kurse gingen sprunghaft höher prices jumped;
• Kurse halten sich prices remain steady;
• Kurse haussieren prices are skyrocketing (US);
• Kurse liegen gebessert prices have improved;
• Kurse liegen höher the market is high;
• Kurs liegen eine Kleinigkeit niedriger prices are a shade lower;
• Kurse liegen unverändert prices remain unchanged;
• Kursmangels Nachfrage gestrichen no quotation, only sellers;
• Kurse schwächten ab the quotations weakened;
• Kurse schwanken prices are fluctuating;
• Kurse sind abgebröckelt prices have eased [off];
• Kurse sind abgeschwächt prices have eased [off], market off (US);
• Kurse sind fest (stabil) prices are firm;
• Kurse sind gefallen (gesunken) prices have dropped (gone down);
• Kurse sind gestiegen prices have advanced (gone up);
• Kurse sind rückläufig prices are easing off;
• Kurse sind unverändert prices have remained unchanged;
• Kurse sind zurückgegangen prices have receded;
• Kurse sinken prices are declining (dropping);
• Kurse steigen prices are going up (advancing);
• Kurse verfallen prices are collapsing;
• Kurse werden fester (stabiler) prices become firmer;
• Kurse zeigen eine rückläufige Bewegung (einen Aufwärtstrend) prices show a downward tendency;
• Kurse ziehen an prices are advancing (hardening, going up);
• Kurse ziehen heftig (kräftig) an prices rise sharply;
• Kurse zogen an prices have hardened;
• Kursabbröckelung crumbling of prices;
• Kursabfall price decline;
• Kursabschlag drop (fall, reduction, decline) in prices, (Devisen) backwardation, deport, (Terminhandel) discount quotation;
• Kursabschwächung weaker tendency in prices, weakness (lowering) of prices, weak market, price weakness, concession, market softening;
• anfängliche Kursabschwächung (Börse) opening decline;
• Kursabschwächung um einen Bruchteil a fractional ease;
• Kursabweichung difference in the rates, (Flugzeug, Schiff) deviation [from the course];
• Kursänderung price changes, (Börse) changes in prices, (pol.) shift, reorientation, (Schiff) alteration of course, (Wechselkurs) change in the exchange rate;
• Kursangabe stock-exchange quotation;
• Kursangleichung (Wechselkurs) adjustment of rates;
• Kursanomalie unwarranted price level. -
16 курс
1) (направление) course, policy, lineвзять курс на подъём чего-л. — to take the course / the path of raising smth.
изменять свой курс — to alter / to change one's course
намечать курс — to map out / to mark out a course; (в общих чертах) to outline a course
начертать курс — to chart a course (for)
придерживаться курса — to adhere / to stick to a policy / a course
проводить курс — to conduct / to pursue a policy, to hold / to pursue / to take a line, to steer / to tread a course
следовать курсом — to pursue / to follow the course
авантюристический курс — adventurist(ic) policy, policy of adventure
внешнеполитический курс — foreign policy, foreign policy course
генеральный курс — general line / course
жёсткий курс — hard / tough line, tough policy
проводить жёсткий курс в отношении страны — to take a strong / a hard line with a country
несговорчивый / упрямый сторонник жёсткого курса — intractable hard-liner
милитаристский курс — militarist course / policy
независимый курс — independent course / policy
искажать / фальсифицировать политический курс — to falsify a policy
сформулировать политический курс — to enunciate / to set out a policy
позитивный / положительный политический курс — positive policy
умеренный курс — moderate line, middle-of-the road course
курс на затягивание чего-л. — policy of dragging out smth. курс на конфронтацию collision course курс на оздоровление / улучшение отношений course toward(s) improving relations
курс на "прямое противоборство" — policy of "direct confrontation"
курс на сегрегацию без каких-л. отступлений — hard-line segregationist platform
курс партии — party line, party's policy
курс перестройки экономики — course for reorganization / restructuring of the economy
сторонник либерального курса — dove разг.
2) эк. course, rate, quotation exchangeиграть на повышение курса — to be bullish, to go a bull
играть на понижение курса — to be bearish, to go bear
биржевой курс — exchange / market quotation, share price
валютный курс, курс валюты — (foreign) exchange rate, course / par / rate of exchange, exchange
выгодный валютный курс — profitable rate of exchange, favourable exchange
высокий валютный курс — high rate (of exchange) / exchange rate
гибкий валютный курс — flexible exchange rate / rate of exchange
двойной валютный курс — double exchange rate / rate of exchange
действующий / эффективный валютный курс — effective exchange rate / rate of exchange
заключительный валютный курс — closing rate (of exchange) / exchange rate
закреплённый валютный курс — fixed rate (of exchange) / exchange rate
искусственно поддерживаемый валютный курс — pegged rate (of exchange) / exchange
колеблющийся валютный курс — floating / fluctuating / free exchange rate, variable exchange
единый / унифицированный колеблющийся валютный курс — unitary floating rate of exchange
наличный валютный курс — current rate of exchange / exchange rate
начальный валютный курс — opening rate of exchange / exchange rate
неодинаковые / различные валютные курсы — different rates of exchange / exchange rates
неподдерживаемый / нерегулируемый валютный курс — unpegged rate of exchange / exchange rate
неустойчивый валютный курс — variable exchange rate / rate of exchange
обменный валютный курс — exchange rate, rate of exchange
официально объявленный / официальный валютный курс (установленный центральным банком) — official rate (of exchange) / exchange rate
плавающий валютный курс — floating rate of exchange / exchange rate, float
вводить плавающий / свободно колеблющийся валютный курс — to float
повышенный валютный курс — higher rate of exchange / exchange rate
пониженный валютный курс — reduced rate (of exchange) / exchange rate
свободный валютный курс — free rate of exchange / exchange rate
справочный валютный курс — posted rate of exchange / exchange
твёрдый / фиксированный валютный курс — fixed exchange rate / rate of exchange
текущий рыночный валютный курс — going market rate of exchange / exchange rate
центральный валютный курс (не основанный на паритете Международного валютного фонда) — central rate (of exchange) / exchange rate
введение нового соотношения / новой системы валютных курсов — exchange rate alignment
расчёт валютного курса — (exchange) rate calculation, calculation of exchange
движение / динамика валютных курсов — exchange rate movements, movement in the exchange rate
размах колебаний валютного курса, пределы отклонений валютного курса от паритета — fluctuation band
курс валюты — см. валюта
неустойчивый курс иностраннной валюты — fluctuant foreign exchange rate, variable exchange
падение валютного курса — fall in the exchange rate / in exchange
курс акций — stock exchange; stock price амер.
ежедневно / еженедельно публикуемый курс акций — daily / weekly average
курс дня (иностранной валюты) — exchange / rate of the day
падение курса доллара (по отношению к евро) — the dollar's fall (against the euro)
курс при закрытии банка / биржи / рынка — closing rate
курс при открытии банка / биржи / рынка — opening rate
курс ценных бумаг — rate of securities, price
согласованный (в ходе переговоров) курс ценных бумаг — negotiated price
твёрдый / устойчивый курс ценных бумаг — firm price
курс, предлагаемый покупателем ценных бумаг — bid price
курс, предлагаемый продавцом ценных бумаг — asked price
3)быть в курсе политики — to be well informed / versed in politics
ввести в курс дела — to bring (smb.) up to date
держать в курсе дела — to keep (someone) informed
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17 Kurs
m; -es, -e1. FIN. price; (Notierung) quotation; von Devisen: exchange rate; der Kurs des Euro the euro exchange rate; zum Kurs von at the rate of; hoch im Kurs stehen be at a premium; fig. rate highly ( bei with); in Kurs setzen circulate; außer Kurs setzen take out of circulation; außer Kurs kommen fig. lose its popularity; fallende / steigende / nachgebende Kurse falling / rising / softening prices2. NAUT., FLUG. course; (Radarkurs) track; (Strecke) route; fig., POL. course, line, policy; Kurs halten stay on course; vom Kurs abweichen go off course; Kurs nehmen auf (+ Akk) head for (auch fig.); einen neuen / härteren Kurs einschlagen fig. take a new / harder line3. SPORT, FÜR RAD-, AUTORENNEN, Skirennen etc.: course; der anspruchsvolle Kurs wurde vom Schweizer Trainer gesteckt the demanding course was set by the Swiss coach4. (Lehrgang) course; (die Teilnehmer) course participants; der ganze Kurs all those on the course; Kursus* * *der Kurs(Aktienkurs) price;(Lehrgang) lessons; course; class;(Richtung) course;(Wechselkurs) rate of exchange; exchange rate; rate* * *Kụrs [kʊrs]m -es, -e[-zə]den Kurs halten — to hold (the) course
vom Kurs abkommen — to deviate from one's/its course
Kurs nehmen auf (+acc) — to set course for, to head for
auf (südwestlichem) Kurs sein — to be on (a southwesterly) course
Kurs haben auf (+acc) — to be heading for
harter/weicher Kurs (Pol) — hard/soft line
den Kurs ändern (lit, fig) — to change or alter( one's) course
einen neuen Kurs einschlagen (lit, fig) — to go in a new direction, to follow a new course
den Kurs beibehalten (lit, fig) — to stick to or hold (one's) course
jdn/etw wieder auf Kurs bringen (fig) — to bring sb/sth back on course
2) (FIN) (= Wechselkurs) rate of exchange, exchange rate; (= Börsenkurs, Aktienkurs) price, (going) rate; (= Marktpreis) market value or price, going ratezum Kurs von — at the rate of
der amtliche Kurs des Dollars — the official dollar exchange rate
die Kurse fallen/steigen — prices or rates are falling/rising
hoch im Kurs stehen (Aktien) — to be high; (fig) to be popular (bei with)
3) (= Lehrgang) course (in +dat, für in)einen Kurs belegen — to do a course
* * *der1) (a series (of lectures, medicines etc): I'm taking a course (of lectures) in sociology; He's having a course of treatment for his leg.) course2) (a direction or course: After they moved, their lives took a different tack.) tack* * *Kurs1<-es, -e>[kʊrs, pl ˈkʊrzə]mjdn/etw vom \Kurs abbringen to put sb/sth off courseder Sturm hat uns um drei Grad vom \Kurs abgebracht the storm has put us off course by three degreesvom \Kurs abkommen to deviate from one's/its courseden/seinen \Kurs beibehalten [o halten] to maintain [one's] courseauf bestimmten \Kurs gehen to set a certain coursewenn wir auf südsüdöstlichen \Kurs gehen, müssten wir die Insel in drei Tagen erreichen if we set a sou'-sou'-easterly course we should reach the island in three dayseinen [bestimmten] \Kurs steuern to steer a certain coursees war nicht mehr feststellbar, welchen \Kurs das Schiff steuerte it was no longer possible to determine which course the ship was steeringden \Kurs wechseln to change course2. (Zielsetzung) coursejdn vom \Kurs abbringen to throw sb off courseden/seinen \Kurs beibehalten to maintain [one's] coursejdn auf \Kurs bringen to bring sb into lineihre Kollegen werden sie schon auf \Kurs bringen their colleagues will bring them into lineeinen bestimmten \Kurs einschlagen to take a certain course; (politische Linie) policy, courseharter/weicher \Kurs hard/soft line3. (Wechselkurs) exchange rateder \Kurs Dollar zu Euro steht im Moment bei eins zu... the exchange rate between the dollar and the euro is currently...zu einem bestimmten \Kurs at a certain rateSchwarzhändler tauschen dir den Euro zu einem günstigen \Kurs you'll get a favourable rate for your euros on the black marketetw außer \Kurs setzen to take sth out of circulationZahlungsmittel, die außer \Kurs gesetzt wurden, sind nicht länger gültig currency taken out of circulation is no longer validdie Maßnahmen der Bundesbank haben die \Kurse einiger Aktien gestärkt measures taken by the Bundesbank have strengthened the price of some sharesder \Kurs pendelte sich bei Euro 120 ein the market was settling down at 120 euroszum gegenwärtigen \Kurs at the current rate [or price]multipler \Kurs multiple exchange ratehoch im \Kurs stehen ÖKON to be in great demand; BÖRSE to be high up; (fig) to be very popular, to be at a high rateantike Vasen stehen derzeit hoch im \Kurs antique vases are currently very popularetw an einen \Kurs binden to peg the price of sthden \Kurs drücken to depress the marketim \Kurs fallen to fall [or drop] in pricedie Aktien der Schlüter AG sind letztens etwas im \Kurs gefallen Schlüter AG shares have fallen somewhat recentlyden \Kurs festsetzen to fix a priceden \Kurs hinauftreiben to push up the priceden \Kurs schwächen/stützen to weaken/peg the marketKurs2<-es, -e>[kʊrs, pl ˈkʊrzə]m (Lehrgang) course, class* * *der; Kurses, Kurse1) (Richtung) courseauf [nördlichen] Kurs gehen — set [a northerly] course
ein harter/weicher Kurs — (fig.) a hard/soft line
den Kurs ändern/halten — (auch fig.) change or alter/hold or maintain course
Kurs auf Hamburg (Akk.) nehmen — set course for or head for Hamburg
2) (von Wertpapieren) price; (von Devisen) rate of exchange; exchange ratezum Kurs von... — at a rate of...
hoch im Kurs stehen — < securities> be high; (fig.) be very popular ( bei with)
3) (Lehrgang) courseein Kurs in Spanisch — (Dat.) a course in Spanish; a Spanish course
4) (die Teilnehmer eines Kurses) class5) (Sport): (Rennstrecke) course* * *der Kurs des Euro the euro exchange rate;zum Kurs von at the rate of;hoch im Kurs stehen be at a premium; fig rate highly (bei with);in Kurs setzen circulate;außer Kurs setzen take out of circulation;außer Kurs kommen fig lose its popularity;fallende/steigende/nachgebende Kurse falling/rising/softening pricesKurs halten stay on course;vom Kurs abweichen go off course;einen neuen/härteren Kurs einschlagen fig take a new/harder line3. SPORT, für Rad-, Autorennen, Skirennen etc: course;der anspruchsvolle Kurs wurde vom Schweizer Trainer gesteckt the demanding course was set by the Swiss coach* * *der; Kurses, Kurse1) (Richtung) courseauf [nördlichen] Kurs gehen — set [a northerly] course
ein harter/weicher Kurs — (fig.) a hard/soft line
den Kurs ändern/halten — (auch fig.) change or alter/hold or maintain course
Kurs auf Hamburg (Akk.) nehmen — set course for or head for Hamburg
2) (von Wertpapieren) price; (von Devisen) rate of exchange; exchange ratezum Kurs von... — at a rate of...
hoch im Kurs stehen — < securities> be high; (fig.) be very popular ( bei with)
3) (Lehrgang) courseein Kurs in Spanisch — (Dat.) a course in Spanish; a Spanish course
4) (die Teilnehmer eines Kurses) class5) (Sport): (Rennstrecke) course* * *-e (Aktien...) m.price n.quotation n.rate n. -e (Aktien) m.price (stocks) n.quotation (stocks) n.rate (stocks) n. -e (Verkehr) m.course n.line n. -e m.class n.(§ pl.: classes)course n.exchange rate n.rate (of exchange) n. -
18 cambio de moneda
(n.) = exchange rate, foreign exchange, currency exchange rate, market rate of exchange, foreign exchange rate, currency rate, rate of exchange, currency exchangeEx. The price in the local currency is then calculated from the information in the exchange rate table.Ex. This article defines financial information by looking at the information needs of 4 major divisions of the financial community: commodities; foreign exchange; capital markets; and securities and equities.Ex. Their response was significantly different, however, in large part due to much better understanding of the effect of foreign currency exchange rates on subscription prices of scientific and technical journals.Ex. For some countries trade fluctuates with changes in the weekly market rates of exchange, but for others it changes only when their currencies are realigned in the European Monetary System.Ex. This article highlights the foreign exchange rate problem in library periodicals purchasing.Ex. These systems carry up-to-the-minute information on stock prices, currency rates, world and national events, etc.Ex. As well as cuts imposed by the Government, libraries were faced with inflation in the price of books and periodicals, and a falling rate of exchange between the pound and the dollar.Ex. However, not all banks provide a currency exchange service.* * *(n.) = exchange rate, foreign exchange, currency exchange rate, market rate of exchange, foreign exchange rate, currency rate, rate of exchange, currency exchangeEx: The price in the local currency is then calculated from the information in the exchange rate table.
Ex: This article defines financial information by looking at the information needs of 4 major divisions of the financial community: commodities; foreign exchange; capital markets; and securities and equities.Ex: Their response was significantly different, however, in large part due to much better understanding of the effect of foreign currency exchange rates on subscription prices of scientific and technical journals.Ex: For some countries trade fluctuates with changes in the weekly market rates of exchange, but for others it changes only when their currencies are realigned in the European Monetary System.Ex: This article highlights the foreign exchange rate problem in library periodicals purchasing.Ex: These systems carry up-to-the-minute information on stock prices, currency rates, world and national events, etc.Ex: As well as cuts imposed by the Government, libraries were faced with inflation in the price of books and periodicals, and a falling rate of exchange between the pound and the dollar.Ex: However, not all banks provide a currency exchange service. -
19 cambio
"gearbox;Schaltung;mudança das marchas"* * *m (pl -bi) changemotoring, technology gearcambio automatico automatic gearshiftcambio dell'olio oil changecambio d'indirizzo change of addressin cambio in exchange (di for)dare il cambio a qualcuno relieve someonefare cambio con qualcuno swap or exchange with s.o.* * *cambio s.m.1 change; ( modifica) alteration; ( scambio) exchange: cambio d'abiti, change of clothes; cambio dei cavalli, change of horses; (mil.) cambio della guardia, (anche fig.) changing of the guard; cambio di biancheria, change of linen // dare il cambio a qlcu., to stand in for s.o. // in cambio di, in exchange for; ( invece di) instead of3 (econ.) change, exchange, conversion; ( tasso di cambio) exchange rate, rate of exchange: cambio alla pari, exchange at par; cambio estero, foreign exchange, exchange; cambio favorevole, favourable exchange; cambio fluttuante, flessibile, floating exchange rate; cambio libero, unofficial (o free) exchange rate; cambio sopra la pari, exchange above par (o at a premium); cambio sotto la pari, exchange below par (o at a discount); cambio su Londra, exchange on London; cambio fisso, fixed exchange rate; cambio a pronti, contanti, spot exchange; cambio a termine, time exchange rate; cambio ufficiale, official exchange rate; cambio reale, real exchange; cambio corrente, del giorno, current exchange; cambio d'acquisto, buying rate of exchange; cambio di vendita, selling rate of exchange; cambio d'apertura, opening rate of exchange; cambio di chiusura, closing rate of exchange; cambio dei titoli, security exchange; mercato dei cambi, foreign exchange market5 ( spiccioli) (small) change: mi spiace, ma non ho cambio, sorry, I haven't any change7 (aut.) gear, gearbox: cambio a pedale, ( di motocicletta) foot operated gear shift; cambio idraulico automatico, fluid drive gear shift; cambio sincronizzato, synchromesh (gear); albero del cambio, gear shaft; leva del cambio, gear lever; scatola del cambio, gearbox; selettore del cambio, gear shift.* * *1) (sostituzione, scambio) (ex)changefare cambio di posto con qcn. — to change o trade places with sb.
cambio di campo — sport changeover; (ricambio)
dare il cambio a — to relieve [operaio, sentinella]
darsi il cambio — to take turns ( per fare at doing)
3) econ. (operazione) exchangetasso di cambio — rate of exchange, exchange rate
4) mecc. (di auto, moto) gears pl.leva del cambio — gear lever o stick BE, gearshift AE
5) in cambio in exchange, in return (di for)dare qcs. in cambio di qcs. — to swap sth. for sth.
dare qcs. in cambio — to give sth. in return
•cambio automatico — aut. automatic transmission
* * *cambiopl. -bi /kam'bjo, bi/sostantivo m.1 (sostituzione, scambio) (ex)change; facciamo (a) cambio? shall we swap? fare cambio di posto con qcn. to change o trade places with sb.; cambio di campo sport changeover; (ricambio) un cambio di vestiti a change of clothes2 (avvicendamento) dare il cambio a to relieve [operaio, sentinella]; dare il cambio alla guida to have a turn at driving; darsi il cambio to take turns ( per fare at doing); il cambio della guardia the changing of the guard (anche fig.)3 econ. (operazione) exchange; mercato dei -bi foreign exchange market; tasso di cambio rate of exchange, exchange rate4 mecc. (di auto, moto) gears pl.; scatola del cambio gearbox; leva del cambio gear lever o stick BE, gearshift AE5 in cambio in exchange, in return (di for); dare qcs. in cambio di qcs. to swap sth. for sth.; dare qcs. in cambio to give sth. in return -
20 cours
cours [kuʀ]masculine noun• faire or donner un cours sur to give a class (or lecture or course) on• qui vous fait cours en anglais ? who takes you for English?• donner/prendre des cours particuliers to give/have private lessonsb. ( = enseignement) class• cours préparatoire/élémentaire/moyen first/second or third/fourth or fifth year in primary schoolc. ( = établissement) schoold. [de rivière] avoir un cours rapide to be fast-flowing• sur une partie de son cours on or along part of its coursee. [de valeurs, matières premières] price ; [de devises] rate• avoir cours [monnaie] to be legal tenderf. ( = déroulement) course• c'est en cours de réparation/réfection it's being repaired/rebuilt* * *kuʀnom masculin invariable1) ( session d'enseignement) École lesson, class; Université class; ( magistral) lecture; ( hors cadre scolaire) class; ( en privé) lesson; ( ensemble de sessions) coursesuivre un cours — to do ou take a course
faire un cours sur quelque chose — ( une fois) to give a class in something; ( plusieurs fois) to teach a course in something
donner des cours de français — ( dans l'enseignement) to teach French; ( en privé) to give French lessons
3) ( établissement) schoolavoir cours — Finance [monnaie] to be legal tender; fig [théorie, pratique] to be current; [terme] to be used
ne plus avoir cours — Finance [monnaie] to be no longer legal tender; fig [théorie, pratique] to be no longer accepted; [terme] to be no longer used
5) ( de rivière) ( parcours) course; ( débit) flow6) ( enchaînement) (de récit, carrière, d'événements) course; ( d'idées) flowdonner libre cours à — to give free rein to [imagination]; to give way to [peine]; to give vent to [colère]
au or dans le cours de — in the course of, during
en cours — [mois, semaine, année] current; [processus, projet] under way (après n); [travail, négociations, changements] in progress (après n)
en cours de journée/saison — in the course of the day/season
en cours de fabrication/rénovation — in the process of being manufactured/renovated
le pont en cours de construction — the bridge being built ou under construction
•Phrasal Verbs:* * *kuʀ nm1) (= leçon) classLe professeur d'anglais l'a surpris en train de faire ses maths pendant son cours. — The English teacher caught him doing his maths during his class.
2) (= série de leçons) course3) (= cheminement) course4) (= écoulement) flow5) (= avenue) walk6) COMMERCE, BOURSE, [action, dollar, devise] ratedonner libre cours à — to give free expression to, [imagination] to give free rein to
avoir cours [monnaie] — to be legal tender, figto be current, (à l'école) to have a class, (à l'université) to have a lecture
au cours de — in the course of, during
Il a été réveillé trois fois au cours de la nuit. — He was woken up three times during the night.
* * *cours nm inv1 ( session d'enseignement) Scol lesson, class; Univ class; ( magistral) lecture; ( hors cadre scolaire) class; ( en privé) lesson; ( ensemble de sessions) course; avoir cours to have a class; je n'ai pas cours demain I haven't got any lessons ou classes tomorrow; prendre des cours de qch to take classes in sth; tu devrais prendre des cours de diction you should go to elocution classes; suivre un cours to do ou take a course; il prend des cours d'espagnol he's taking Spanish lessons; je suis un cours de secrétariat/cuisine/littérature I'm doing ou taking a secretarial/cookery/literature course; je suis les cours du professeur X I'm attending Professor X's lectures; le professeur X a publié son cours sur la traduction Professor X has published his/her course of lectures on translation; faire cours to teach; qui vous fait cours en maths? who teaches you maths GB ou math US?; faire un cours sur qch ( une fois) to give a class in sth; ( plusieurs fois) to teach a course in sth; il nous a fait un véritable cours sur la gastronomie he gave us a real lecture on gastronomy; donner des cours de français/piano ( dans l'enseignement) to teach French/piano; ( en privé) to give French/piano lessons;3 ( établissement) school; cours de théâtre drama school;4 Fin ( taux de négociation) (de denrée, valeur) price; ( de devise) exchange rate; le cours du change the exchange rate; le cours du dollar the price of the dollar; cours légal official exchange rate; les cours boursiers or de la Bourse Stock Exchange prices; le cours du marché the market price; acheter qch au cours des halles to buy sth at wholesale market price; cours d'ouverture/de clôture or fermeture opening/closing price; avoir cours Fin [monnaie] to be legal tender; fig [théorie, pratique] to be current; [terme, expression] to be used; ne plus avoir cours Fin [monnaie] to be no longer legal tender; fig [théorie, pratique] to be no longer accepted; [terme, expression] to be no longer used;5 ( de rivière) ( parcours) course; ( débit) flow; détourner le cours d'une rivière to divert the course of a river; avoir un cours lent/rapide to flow slowly/quickly; fleuve au cours rapide fast-flowing river; descendre/remonter le cours d'une rivière to go down/to go up a river;6 ( enchaînement) (de récit, conflit, carrière, maladie) course; ( d'idées) flow; ( d'événements) course; les choses suivent tranquillement leur cours things are quietly taking their course; le cours des choses the course of events; reprendre son cours to resume; la vie reprend son cours life returns to normal; la sonnerie interrompit le cours de mes pensées the bell interrupted my train of thought; donner libre cours à to give free rein to [imagination, fantaisie]; to give way to [peine, douleur]; to give vent to [colère, indignation]; au or dans le cours de in the course of, during; dans le cours du mois prochain in the course of next month; dans le cours du mois within the month; en cours [mois, semaine, année] current; [processus, projet] under way ( après n); [travail, négociations, changements] in progress ( après n); en cours de journée/saison/séance in the course of the day/season/session; en cours de fabrication/rénovation in the process of being manufactured/renovated; le pont en cours de construction the bridge being built ou under construction; le pont est en cours de construction the bridge is under construction ou in the process of being built; en cours de route along the way; rajoutez un peu d'eau en cours de cuisson add some water during the cooking.cours accéléré crash course; cours de compensation Fin mark-up price; cours d'eau watercourse; cours élémentaire deuxième année, CE2 third year of primary school, age 8-9; cours élémentaire première année, CE1 second year of primary school, age 7-8; cours intensif intensive course; cours magistral Univ lecture; cours moyen deuxième année, CM2 fifth year of primary school, age 10-11; cours moyen première année, CM1 fourth year of primary school, age 9-10; cours d'initiation introductory course; cours intensif intensive course; cours par correspondance correspondence course; suivre des cours par correspondance to take a correspondence course; cours particulier(s) private tuition ¢ GB, private tutoring ¢ US (en, de in); donner/suivre des cours particuliers to give/to have private tuition ou lessons; cours de perfectionnement improvers' course; cours préparatoire, CP Scol first year of primary school, age 6-7; cours de rattrapage remedial course; cours de remise à niveau refresher course; cours du soir evening class.[kur] nom masculinA.[ÉCOULEMENT, SUCCESSION]1. GÉOGRAPHIE [débit] flow[parcours] coursea. [ruisseau] streamb. [rivière] river2. [déroulement - des années, des saisons, de pensées] course ; [ - d'événements] course, run ; [ - de négociations, d'une maladie, de travaux] course, progressdonner ou laisser (libre) cours àa. [joie, indignation] to give vent tob. [imagination, chagrin] to give free rein tosuivre son cours [processus] to continueen suivant/remontant le cours du temps going forward/back in time3. [dans des noms de rue] avenueB.[DANS LE DOMAINE FINANCIER]1. [de devises] ratecours des devises ou du change foreign exchange rate ou rate of exchangea. [monnaie] to be legal tender ou legal currencyb. [pratique] to be commonavoir cours légal to be legal tender ou a legal currencya. [monnaie] to be out of circulation, to be no longer legal tender ou a legal currencyb. [pratique, théorie] to be obsoletec. [expression, terme] to be obsolete ou no longer in useau cours du marché at the market ou trading pricepremier cours, cours d'ouverture opening pricedernier cours, cours de clôture closing priceC.[DANS LE DOMAINE SCOLAIRE ET UNIVERSITAIRE][ensemble des leçons] coursesuivre un cours ou des cours d'espagnol to go to ou to attend a Spanish classprendre des cours to take lessons ou a coursej'ai cours tout à l'heure [élève, professeur] I have a class laterj'ai cours tous les jours [élève, professeur] I have classes every daytu ne vas pas me faire un cours sur la politesse? are you going to give me a lecture on how to be polite?donner/prendre des cours particuliers to give/to have private tuition[notes] notes3. [degré - dans l'enseignement primaire]4. [établissement] school————————au cours de locution prépositionnelle————————en cours locution adjectivale[actuel]l'année/le tarif en cours the current year/priceaffaire/travail en cours business/work in handêtre en cours [débat, réunion, travaux] to be under way, to be in progress————————en cours de locution prépositionnelleen cours de réparation in the process of being repaired, undergoing repairs
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