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  • 101 make\ out

    1. I
    1) they aren't as rich as they make out они совсем не так богаты, как стараются это представить
    2) how did you make out? каковы ваши успехи?; how are things making out? как идет дела?: give him another six months and see how he makes out дайте ему еще полгода и тогда посмотрите, как у неги пойдут дела; don't worry I'll make out не беспокойтесь, я справлюсь
    3) he is not such a fool (such a good lawyer, such a bad man, etc.) as some people make out, он не такой дурак и т. д., как некоторые люди полагают; as far as I (this reporter, the doctor, etc,) can make out... насколько я и т. д. могу судить...
    2. III
    4)
    make out smth. /smth. out/ we need two more eggs to make out a dozen до дюжины нам не хватает еще двух я яиц; we must put in some more poems and essays to make out a representative volume чтобы получился /был/ типичный для данного писателя (для этой школы и т. п.) том, нужно включить в него еще несколько стихотворений и очерков
    2)
    make out smth., smb. /smth.! smb. out/ make out the meaning of a phrase (a rule, etc.) понять значение фразы и т. д., разобраться в значении фразы и т. д., he couldn't make out her hand он не мог разобрать ее почерка; the boy had a hard time making out the problem мальчик с большим трудом разобрался в задаче /долго не мог понять задачу/; I can't make you out а) я вас не понимаю; б) не могу понять, что вы за человек
    3)
    make out smth., smb. /smth., smb. out/usually with can; I couldn't make out the design (her figure, the man in the cloak, the amount at the bottom of the page, etc.) я не мог рассмотреть орнамент и т. д., can you make out the island? ты видишь остров?
    4)
    make out smth. /smth. out/ make out a marketing list (our annual report, an application, etc.) составлять список покупок и т. д. I make out this form (an order for books, a questionnaire, etc.) заполните этот бланк или эту анкету и т. д., make out a certificate выписать свидетельство; make out a cheque (a bill) выписать чек (счет); make out, а сору record, etc.) сделать копию и т. д.
    3. IV
    1) make out smth. /smth. out/ in some manner usually in the interrogative coll. how do you make that out? почему вы так думаете?, откуда вы это взяли?
    2) make out smth., smb. /smth., smb. out/ in some manner I could barely /hardly, scarcely, just/ make out the expression on his face (the outline of the building, her figure, the running man, etc.) я едва мог рассмотреть или различить выражение его лица и т. д.
    4. V
    make out smb. /smb. out/ make me out a liar (a hypocrite, a cheat, an impostor, etc.) выставлять /представлять/ меня лгуном и т. д.
    5. VI
    make out smb. /smb. out/ as being of /having/ some quality make him out selfish (deceitful, guilty, ill, etc.) выставлять его эгоистичным и т. д.
    6. VII
    make out smb. /smb. out/ to be smb. make smb. out to be a liar (to be the one who broke the vase, to be a person of the highest character, etc.) выставлять кого-л. лжецом и т. д.; he makes himself out to be a famous scientist он выдает себя за известного ученого
    7. XI
    1) be made out that... it was made out that he had no business being there дело было представлено так, что он якобы не имел права там быть; be made out by smb. that... it was made out by his counsel that he was innocent адвокат /защитник/ представил дело так, что он невиновен
    2) || a case could be made out for Smith's release можно привести убедительные доводы или доказательства в пользу освобождения Смита; we do not consider that a case has been made out for reducing the tax on these goods мы считали, что не было приведено убедительных доводов в пользу необходимости. сокращения налога на эти товары
    3) be made out [to be] smb. he is made out [to be] a patriot (a hero, the best dancer ever, etc.) о нем отзываются как о патриоте и т. д., его считают патриотом и т. д.
    4) be made out in some manner the outline of the house (the ship, the spire, the figure, etc.) could just /hardly, barely/ be made out очертания дома и т. д. были едва различимы; be made out from somewhere his speech could scarcely /barely, hardly/ be made out from the balcony (from the fifth row, from afar, etc.) с балкона и т. д. его речь была едва слышна; the expression of his face could not be made out in half-light (in the gloom, in the mist, ill the darkness, etc.) в полутьме и т. д. нельзя было рассмотреть выражение его лица
    5) be made out in some manner be made out clearly (quickly, etc.) быть составленным /быть заполненным/ четко и т. д.; be made out in some quantity applications ( orders, forms, etc.) have to be made out in triplicate (in duplicate, in a number of copies, etc.) заявления и т. д. пишутся в трех экземплярах и т. д.
    8. XIII
    make out to be in some state he made out to be ill он притворился больным
    9. XVI
    coll. make out with smb., smth. how are you making out with Mary? как у вас дела с Мэри?; how did you make out with your interview? как у вас прошло интервью?; you made out well with the dinner (with the party, with your speech, etc.) обед и т. д. вам удался; we must try to make out with what we have надо попытаться обойтись тем, что у нас есть; make out in smth. how are you making out in your new job (in the office, etc.)? как у вас дела с новой работой и т. д.?; make out on smth. make out on a small wage обходиться небольшой зарплатой, жить на небольшую зарплату
    10. XXI1
    1) || make out a case for /in favour of/ (against) smth. приводить доказательства или доводы в пользу (против) чего-л.; make out a strong case for reform (in favour of an increase in salary, etc.) находить убедительные доводы в пользу реформ и т. д.
    2) make out smth. /smth. out/ from smth. I couldn't make anything out from these facts из этих фактов я не мог ничего понять; he tried to make out something from the tangled mazes of history and legend он пытался разобраться в лабиринте исторических событий и легенд
    3) make out smth., smb. /smth., smb. out/ т some place make out an inscription on a wall (a signature at the foot of a letter, a date in a manuscript, etc.) разобрать надпись на стене и т. д.; make out an outline of a house in the distance (a ship near the horizon, a spire in the darkness, etc.) различить очертания дома вдали и т. д.; make out a dim figure in the mist смутно видеть фигуру сквозь туман /в тумане/; I couldn't make her out in the dark hall я не видел ее в этом темном холле; make out smth., smb. /smth., smb. out/ with smth. you can make it out with a telescope это можно увидеть в телескоп; I couldn't make her out even with opera-glasses я даже в бинокль не видел ее
    4) make out smth. /smth. out/ for smth., smb. make out an application for a licence подать /написать/ заявление на получение прав; make out a list for the grocer составить список того, что надо купить в бакалее; make out a cheque for L 10 выписать чек на десять фунтов; make out smth. /smth. out/ to smb., smth. make out a cheque to him (to the firm, etc.) выписать чек на его имя /на него/ и т. д., make out a pass to him and his wife выписать /дать/ пропуск ему и его жене; make out smth. /smth. out/ in some quantity make this document out in duplicate оформите этот документ в двух экземплярах
    11. XXV
    1) make out that... he made out that he had been badly treated (that we were to blame, that they were friends of ours, etc.) он представил дело так, будто с ним плохо обращались и т. д., you can't make out that we haven't tried to help you вы не можете сказать, что мы не пытались ним помочь; let's make out that we are wrecked on a desert island давайте вообразим /представим себе/, что в результате кораблекрушения мы оказались на необитаемом острове
    2) make out what... (why..., who..., etc.) I can't make out what he wants (what it's all about, why he left, who that man was, when they intend to return, etc.) никак не пойму, что он хочет и т. д., all I can make out is that he will come все, что я понял, так это то, что он придет
    3) make out whether... (who..., etc.) I can't make out whether this figure is a three or an eight не могу разобрать, какая это цифра, три или восемь?; from the voice he could make out who the stranger was по голосу он понял или догадался, кто был этот незнакомец

    English-Russian dictionary of verb phrases > make\ out

  • 102 stand

    1. I
    1) the table won't stand, one leg is broken стол не стоит, у него одна ножка сломана; don't trouble yourself, I can stand не беспокойтесь, я могу постоять /я постою/; I didn't know where to stand я не знал, где стать; the audience stood and applauded публика встала и начала аплодировать; he was commanded to stand ему приказали встать /подняться/; let the milk (the tea, the liquid, etc.) stand пусть молоко и т.д. постоит /отстоится/; keep /leave/ smth. standing not a stone was left standing камня на камне не оставила; get smth. to stand поставить что-л.
    2) stand! croft!; who goes there? stand and be identified стой! кто идет?; all stand! всем встать!
    3) the words (the passage, this translation, etc.) may stand эти слова и т.д. могут остаться /можно оставить/ без изменений; the enemy would not stand противник не устоит /не выдержит/; how much of his philosophy will stand? что можно взять /применить/ из его философии?; the contract (the agreement, the order, the bet, the bargain, his resolution, etc.) stands контракт и т.д. остается в силе; the same objection stands это возражение остается /не снимается/; the rule against lateness will stand правило, запрещающее опаздывать, будет действовать и впредь || as, matters /affairs, things/ stand при таком /создавшемся/ положении вещей /дел/; the passage must be printed as it stands отрывок должен быть напечатан /следует напечатать/ без изменений /в таком виде, как он есть/; as it stands как есть; how much for it as it stands? сколько вы хотите за все?, сколько это стоит как есть?
    4) these colours will (do not) stand это (не)стойкие краски
    2. II
    1) stand in some manner stand erectly (/squarely/, courageously, obediently, meekly, wistfully, sullenly, haughtily, etc.) стоять прямо и т.д.; stand at ease (at attention) стоять вольно (смирно); stand still! не двигайтесь!, не шевелитесь!, стойте спокойно!; he could hardly stand он едва держался на ногах; stand side by side (shoulder to shoulder) стоять рядом /бок о бок/ (плечом к плечу); he stood by helplessly он беспомощно стоял в стороне; the door stood ajar дверь была приоткрыта; stand somewhere don't just stand there, do something! что же ты стоишь, сделай что-нибудь!; stand aside (away, outside, etc.) стоять в стороне и т, т.д.; stand aside to let her pass посторонитесь и дайте ей пройти; stand back! осади!; the house stands back from the road дом стоит далеко от дороги; stand back or you'll be crushed посторонитесь, a то задавят; stand back from the barrier отойди от барьера; а tree which stood by дерево, которое стояло неподалеку; the box stands over there ящик стоит вон там; stand for some time I've been standing all day я простоял [на ногах] весь день; we had to stand all the way нам пришлось простоять всю дорогу; the ruins still stand руины сохранились до сих пор; а tall poplar tree (a huge oak, a house, etc.) once stood here здесь когда-то стоял высокий тополь и т.д. ; the corn is still standing хлеб еще стоит /не убран/
    2) stand in some manner stand alone а) стоять /быть/ одному; б) не иметь сторонников; in this opinion I don't stand alone я не один [придерживаюсь] такого мнения; the matter stands thus дело обстоит следующим образом; as things now stand I'll have to quit my job при создавшемся /нынешнем/ положении вещей /если положение не изменится,/ мне придется уйти с работы; this is how I stand такова моя позиция;. I wish I knew where I stood я хотел бы знать, что со мной будет; how do matters stand? как обстоят дела?; how does the dollar stand? каков курс доллара?
    3. III
    1) stand smth. stand an attack (a blow, a siege, rough handling, the enemy's fire, a loss, a shock, a rigid examination, raillery, etc.) выдерживать /выносить/ атаку и т, т.д.; stand heat (the cold weather, a damp soil, noise, his professional attitude, criticism, etc.) выдерживать /выносить/ жару и т.д.; stand the test /the trial/ выдержать испытание; he'll have to stand trial он должен предстать перед судом; stand much washing (much rain, etc.) не портиться от частой стирки и т.д.; these boots stood a good deal of wear эти ботинки долго носились /видали виды/; his eyes are strong enough to stand the glare у него хорошие глаза, они вполне выдержат такой яркий свет; the house will stand another century дом простоит еще сто лет; how does he stand the pain? как он переносит боль?; his nerves couldn't stand the strain у него нервы не выдержали напряжения; I can stand a good deal but I won't have insolence я многое могу стерпеть, но наглости не потерплю; stand smb. usually in the negative I can't stand this woman (the fellow, his father, etc.) я не выношу /не терплю, терпеть не могу, не перевариваю/ эту женщину и т.д.
    2) stand smth. stand six feet быть ростом в шесть футов; the score stood 18 to 14 счет был 18:14
    3) stand smth. stand drinks (ice-cream, dinner, etc.) угощать вином и т.д.; who is going to stand treat? кто угощает?
    4) stand smb. stand sentry /sentinel/ (model, umpire, etc.) быть часовым /стоять на часах/ и т.д.; stand godfather (godmother, etc.) выступать в роли крестного отца /быть крестным отцом/ и т.д.
    4. IV
    1) stand smth. somewhere stand the lamp over there (the box here, etc.) поставьте лампу туда и т.д.
    2) stand smth., smb. for some time usually in the negative I can't stand it any longer я этого больше не выдержу, я больше не могу этого терпеть; I can't stand the man another day я не вынесу этого человека ни одного лишнего дня; she stood the shock well она мужественно перенесла этот удар
    5. V
    stand smb. smth. coll. stand one's friend a dinner (you a drink, us champagne, etc.) угощать друга обедом и т.д.
    6. X
    stand in some state stand ashamed (confused, abashed, bewildered, dishonoured, etc.) испытывать стыд и т.д.; stand uncovered стоять без головного убора, снять шапку; he stands accused of a crime его обвиняют в преступлении; he stands convicted of treachery его признали виновным в измене; you may stand assured of his protection можете рассчитывать на его защиту, можете быть уверенным в его покровительстве; stand indebted to this man быть обязанным этому человеку; stand unrivalled не иметь соперников; stand corrected признавать справедливость замечаний /свои ошибки/
    7. XI
    be stood somewhere if he does it again he will be stood in the corner если он еще раз так сделает, его поставят в угол
    8. XIII
    stand to do smth. stand to win /to gain/ (to be saved, etc.) иметь [все] шансы /все основания/ выиграть и т.д.; how much do you stand to lose? сколько вы при этом можете потерять?; what does he stand to lose? чем он рискует?; we stand to lose nothing мы ничего не теряем
    9. XIV
    stand doing smth.
    1) stand bowing (wondering, gazing at the scene, looking at me, looking over my shoulder, etc.) стоять и кланяться и т.д.; don't stand there arguing about it что вы стоите и спорите?; I am tired of standing here [and] waiting мне надоело тут стоять и ждать
    2) usually in the negative with can; I can't stand waiting (writing letters, taking care of kids, etc.) я не выношу /терпеть не могу/ ждать и т.д.; she can't stand being kept waiting (being looked at, being laughed at, being talked back at, etc.) она терпеть не может /не выносит/, когда ее заставляют ждать и т.д.
    10. XV
    1) stand silent (still, upright /erect/, close to smth., next to me, etc.) стоять молча и т.д.; stand straight, don't stoop стойте прямо, не горбитесь; the door stands open дверь открыта; the table (the wall, etc.) stands firm стол и т.д. устойчив /крепко стоит/ и т.д.
    2) stand firm стойко держаться; stand firm on the ground крепко стоять на ногах; stand firm in one's views иметь твердые убеждения; stand fast to one's resolution не отступать от своего решения; stand neutral сохранять нейтралитет, оставаться нейтральным; stand idle ничего не делать; the factory is standing idle фабрика не работает /простаивает/; stand ready быть наготове; he stood ready to run он был готов пуститься бежать; stand ready for anything быть готовым ко всему: stand high высоко цениться; stand high in one's class (in a competitive examination, in one's profession, etc.) быть одним из первых /лучших, ведущих/ в классе и т.д.; stand high in public esteem пользоваться всеобщим уважением; stand high in the opinion of /with/ his chief быть на хорошем счету у начальства; food (meat, corn, etc.) stands high (higher than ever) цены на продукты и т.д. высокие (выше, чем когда-либо); stand first on the list (second in his class, third in the line for promotion, etc.) быть первым в списке и т.д.; stand second to none никому не уступать, быть первым
    11. XVI
    1) stand by (against, in, etc.) smth. stand by the window (against a wall, before me, in the corner, in the doorway, in the middle of the table, etc.) стоять у окна и т.д.; the house (the building, the cottage, the chapel, etc.) stands in a garden (by the river, at the foot of a hill, etc.) дом и т.д. расположен /находится/ в саду и т.д.; don't stand in the rain (in the sun) не стойте под дождем /на дожде/ (на солнце); I hate standing in queues я ненавижу стоять в очередях; tears stood in her eyes у нее в глазах стояли слезы; stand in smb.'s way стоять у кого-л. на дороге, мешать кому-л.; stand out of the way не мешать, посторониться, уйти с дороги; the truck stood in their way грузовик загораживал им дорогу; nothing now stands in our way ничто больше нам не мешает; nothing stands between you and success ничто не мешает твоему успеху; stand without support стоять без опоры; stand on smth., smb. the vase stands on the top shelf ваза стоит на верхней полке; he stood on my foot (on the beetle, etc.) он наступил мне на ногу и т.д.; stand on tiptoe стоять на цыпочках; Paris stands on the Seine Париж стоит на Сене; sweat stood on his forehead у него на лбу были /проступили/ капли пота; his hair stood on end [with fright] [от страха] у него волосы встали дыбом; stand for some time the castle (the old house, etc.) has stood for centuries замок и т.д. простоял века; the walls are still standing after the fire стены уцелели после пожара; he has stood many years against storm and earthquake много лет он выдерживал бури и землетрясения; let the mixture stand for three hours оставьте смесь постоять /пусть смесь постоит/ три часа
    2) stand at (below, among) smth. stand at the head of his class быть лучшим в классе; stand below smb. in class уступать кому-л. в своем классе; it stands among the first four universities of the world это один из четырех лучших университетов мира; stand alone among one's colleagues (among one's contemporaries, etc.) выделяться среди своих коллег и т.д.; stand over smb. he stood over me all the time I was working он все время стоял у меня над душой, пока я работал; he won't work unless someone stands over him он не будет работать, если над ним никто не стоит; stand by smb. stand by one's friends (by you whatever happens, by him to the last, etc.) быть на стороне /не бросать, поддерживать/ своих друзей и т.д.; I'll always stand by you in case of trouble я всегда готов помочь вам, если вы попадете в беду; stand by smth. stand by an agreement (by one's promise, by one's principles, by one's word,-etc.) придерживаться /не отступать от/ договора и т.д.; I stand by all I said then я верен тому, что тогда сказал; stand (up)on /by/ smth. stand on one's rights (on one's claims, by one's decision, etc.) настаивать на сваях правах и т.д.; western civilization stands upon the foundation reared by the Greeks and the Romans западная культура зиждется на фундаменте, созданном древними греками и римлянами; the case,-s on his testimony все дело основывается /зиждется/ на его показаниях /зависит от его показаний/; we stand on the threshold of a peace settlement мы находимся накануне /на пороге/ мирного урегулирования; stand for smth. stand for loyalty (for liberty, for freedom and justice, for racial tolerance, for reform, for the same principles, etc.) выступать за верность /в защиту верности/ и т.д.; it's difficult to know just what he stands for трудно, собственно, понять, каких он придерживается убеждений /каковы его убеждения/; stand on one's own feet /on one's own legs/ стоять на [собственных] ногах; ни от кого не зависеть; stand with smb. stand well with one's employers быть на хорошем счету у руководства; how does it stand with him? как он к этому относится?; stand in smth. where /how/ do we stand in the matter? какова наша позиция в этом вопросе? || stand in the same relation to her (to his father, to both parties, etc.) находиться /быть/ в одинаковых /равных, таких же/ отношениях с ней и т.д.
    3) stand for smth. stand for "adjective" (for "postscript", for "cash on delivery", etc.) обозначать прилагательное и т.д.; i stands for "pound" знак i обозначает фунт стерлингов; what do these letters stand for? что означают /как расшифровываются/ эти буквы?; the olive branch stands for peace ветвь оливкового дерева символизирует мир; black stands for mourning черный цвет stand знак траура; in their code each number stands for a letter в их шифре каждой букве соответствует цифра
    4) stand at smth. the score stands at 3:4 счет 3:4; the thermometer stands at 40 " in the shade термометр показывает сорок градусов в тени; the balance stands at i 50 итог равен пятидесяти фунтам
    5) stand for smth. usually in the negative or interrogative I won't stand for that (for any nonsense, for this treatment, etc.) я этого и т.д. не потерплю; 1 don't have to stand for such insolence я не обязан терпеть /переносить/ такое нахальство; how can you stand for his insolence? как вы можете терпеть его наглость?
    6) stand for smth. stand for Parliament (for the presidency, for election, for re-election to Congress, etc.) баллотироваться /выдвигать кандидатуру/ в парламент и т.д.
    7) semiaux || stand in need of smth. нуждаться в чем-л.; stand in need of help (of food and clothing, of money, of sleep, 'of instruction, of continual watering, of relief from one's sorrows, etc.) нуждаться в немощи и т.д.; the house stands in need of repair дом необходимо отремонтировать; stand in fear /in dread/ of smth., smb. бояться /страшиться/ чего-л., кого-л.; stand in awe of smth., smb. благоговеть перед чем-л., кем-л.; he stood in danger of being killed ему грозила опасность быть убитым; stand in contrast to smb., smth. резко отличаться от кого-л., чего-л.; stand on ceremony with smb. соблюдать условности в отношениях с кем-л.; he stands on terms of friendship with him он с ним [находится] в дружеских отношениях
    12. XX1
    stand as smb. stand as a sentinel стоять на посту, быть часовым; stand as candidate for the presidency (as Labour Candidate, as sponsor for him, etc.) выступать в качестве кандидата на пост президента и т.д.; stand as smth. stand as a description (as a type of British humour, etc.) представлять собой описание и т.д.
    13. XXI1
    1) stand smth., smb. in (by, on, etc.) smth. stand a chair in a corner (the armchair by the lamp, the box against the wall, the bottle on the table, the empty barrels on the floor, him-against the wall, etc.) поставить стул в угол и т.д.; stand some distance from smth. stand 15 yards from the road (10 feet from the ground, etc.) стоять в пятнадцати ярдах от дороги и т.д.
    2) abs stand six feet in his socks (in his shoes) он шести футов ростом; stand a giant among them он среди них великан
    3) stand smth. to smb. stand wine (a bottle, a treat, etc.) to the company угощать компанию вином и т.д., выставить вино и т.д. для всей компании
    4) stand smb. to /for/ smb. stand godfather (godmother) to the child быть крестным отцом (крестной матерью) ребенку; stand sponsor for him быть его покровителем
    14. XXV
    stand when... (till..., etc.) he stood when she entered the room он встал, когда она вошла в комнату; I stood there till I was tired я стоял там до тех пор, пока не устал

    English-Russian dictionary of verb phrases > stand

  • 103 piece

    [pi:s] 1. noun
    1) (a part of anything: a piece of cake; He examined it carefully piece by piece (= each piece separately).) bucată
    2) (a single thing or example of something: a piece of paper; a piece of news.) bucată; frag­ment
    3) (a composition in music, writing (an article, short story etc), drama, sculpture etc: He wrote a piece on social reform in the local newspaper.) piesă; articol
    4) (a coin of a particular value: a five-pence piece.) monedă
    5) (in chess, draughts and other games, a small shape made of wood, metal, plastic etc that is moved according to the rules of the game.) piesă
    2. adjective
    (done etc in this way: He has a rather piecemeal way of working.) împrăş­tiat, fără me­todă
    - go all to pieces
    - go to pieces
    - in pieces
    - piece together
    - to pieces

    English-Romanian dictionary > piece

  • 104 piece

    [pi:s] 1. noun
    1) (a part of anything: a piece of cake; He examined it carefully piece by piece (= each piece separately).) κομμάτι
    2) (a single thing or example of something: a piece of paper; a piece of news.) κομμάτι
    3) (a composition in music, writing (an article, short story etc), drama, sculpture etc: He wrote a piece on social reform in the local newspaper.) κομμάτι
    4) (a coin of a particular value: a five-pence piece.) κέρμα
    5) (in chess, draughts and other games, a small shape made of wood, metal, plastic etc that is moved according to the rules of the game.) πιόνι
    2. adjective
    (done etc in this way: He has a rather piecemeal way of working.) τμηματικός,αποσπασματικός
    - go all to pieces
    - go to pieces
    - in pieces
    - piece together
    - to pieces

    English-Greek dictionary > piece

  • 105 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

  • 106 piece

    [pi:s] 1. noun
    1) (a part of anything: a piece of cake; He examined it carefully piece by piece (= each piece separately).) morceau
    2) (a single thing or example of something: a piece of paper; a piece of news.) morceau; fragment
    3) (a composition in music, writing (an article, short story etc), drama, sculpture etc: He wrote a piece on social reform in the local newspaper.) pièce; article
    4) (a coin of a particular value: a five-pence piece.) pièce
    5) (in chess, draughts and other games, a small shape made of wood, metal, plastic etc that is moved according to the rules of the game.) pion
    2. adjective
    (done etc in this way: He has a rather piecemeal way of working.) décousu, sans méthode
    - go all to pieces
    - go to pieces - in pieces - piece together - to pieces

    English-French dictionary > piece

  • 107 piece

    [pi:s] 1. noun
    1) (a part of anything: a piece of cake; He examined it carefully piece by piece (= each piece separately).) pedaço
    2) (a single thing or example of something: a piece of paper; a piece of news.) fragmento
    3) (a composition in music, writing (an article, short story etc), drama, sculpture etc: He wrote a piece on social reform in the local newspaper.) peça
    4) (a coin of a particular value: a five-pence piece.) moeda
    5) (in chess, draughts and other games, a small shape made of wood, metal, plastic etc that is moved according to the rules of the game.) peça
    2. adjective
    (done etc in this way: He has a rather piecemeal way of working.) fragmentado
    - go all to pieces
    - go to pieces - in pieces - piece together - to pieces

    English-Portuguese (Brazil) dictionary > piece

  • 108 on

    on
    When on is used as a straightforward preposition expressing position ( on the beach, on the table) it is generally translated by sur: sur la plage, sur la table ; on it is translated by dessus: there's a table over there, put the key on it = il y a une table là-bas, mets la clé dessus.on is often used in verb combinations in English ( depend on, rely on, cotton on etc). For translations, consult the appropriate verb entry (depend, rely, cotton etc).
    If you have doubts about how to translate a phrase or expression beginning with on ( on demand, on impulse, on top etc) consult the appropriate noun or other entry (demand, impulse, top etc).
    This dictionary contains usage notes on such topics as dates, islands, rivers etc. Many of these use the preposition on.
    For examples of the above and further uses of on, see the entry below.
    A prep
    1 ( position) sur ; on the table/the pavement sur la table/le trottoir ; on the coast/the lake sur la côte/le lac ; on top of the piano sur le piano ; on the wall/ceiling/blackboard au mur/plafond/tableau noir ; on the floor par terre ; there's a stain on it il y a une tache dessus ; to live on Park Avenue habiter Park Avenue ; it's on Carson Road c'est sur Carson Road ; on the M4 motorway sur l'autoroute M4 ; a studio on Avenue Montaigne un studio Avenue Montaigne ; the paintings on the wall les tableaux qui sont au mur ; accidents on and off the piste des accidents sur la piste et en dehors ; to climb/leap on to sth grimper/sauter sur qch ; ⇒ get, hang, jump, pin, sew, tie ;
    2 (indicating attachment, contact) to hang sth on a nail accrocher qch à un clou ; on a string au bout d'une or attaché à une ficelle ; to put a hand on sb's shoulder mettre la main sur l'épaule de qn ; to punch sb on the nose/on the chin donner un coup dans le nez/sur le menton de qn ; ⇒ hit, pat, slap ;
    3 ( on or about one's person) I've got no small change on me je n'ai pas de monnaie sur moi ; have you got the keys on you? est-ce que tu as les clés (sur toi)? ; to have a ring on one's finger avoir une bague au doigt ; the finger with the ring on it le doigt qui porte la bague ; a girl with sandals on her feet une fille avec des sandales aux pieds ; to have a smile/to have a frown on one's face sourire/froncer les sourcils ;
    4 (about, on the subject of) sur ; a book/a programme on Africa un livre/une émission sur l'Afrique ; information on the new tax des renseignements sur le nouvel impôt ; to read Freud on dreams lire ce que Freud a écrit sur les rêves ; have you heard him on electoral reform? est-ce que tu l'as entendu parler de la réforme électorale? ; we're on fractions in maths en maths, nous en sommes aux fractions ;
    5 (employed, active) to be on faire partie de [team] ; être membre de [board, committee, council] ; to be on the Gazette travailler pour la Gazette ; a job on the railways un travail dans les chemins de fer ; there's a bouncer on the door il y a un videur à la porte ; there are 20 staff on this project il y a 20 personnes qui travaillent sur ce projet ;
    6 ( in expressions of time) on 22 February le 22 février ; on Friday vendredi ; on Saturdays le samedi ; on the night of 15 May la nuit du 15 mai ; on or about the 23rd vers le 23 ; on sunny days quand il fait beau ; on Christmas Day le jour de Noël ; on your birthday le jour de ton anniversaire ; ⇒ dot, hour ;
    7 ( immediately after) on his arrival à son arrivée ; on the death of his wife à la mort de sa femme ; on hearing the truth she… quand elle a appris la vérité, elle… ; on reaching London he… quand il est arrivé à Londres, il… ;
    8 (taking, using) to be on tablets/steroids/heroin prendre des médicaments/des stéroïdes/de l'héroïne ; to be on drugs se droguer ; to be on 40 (cigarettes) a day fumer 40 cigarettes par jour ; to be on a bottle of whisky a day boire une bouteille de whisky par jour ; ⇒ antibiotic, pill, tranquillizer ;
    9 ( powered by) to work ou run on batteries marcher à piles, fonctionner sur piles ; to run on electricity être électrique ;
    10 ( indicating support) sur ; to stand on one leg se tenir sur un pied ; to lie on one's back s'allonger sur le dos ; put it on its side pose-le sur le côté ;
    11 ( indicating a medium) on TV/the radio à la télé/radio ; I heard it on the news j'ai entendu ça au journal ; on video/cassette en vidéo/cassette ; on disk/computer sur disquette/ordinateur ; on channel four sur la quatrième chaîne ; to play sth on the piano jouer qch au piano ; with Lou Luciano on drums avec Lou Luciano à la batterie ;
    12 (income, amount of money) to be on £20,000 a year gagner 20 000 livres sterling par an ; to be on a salary ou income of £15,000 gagner 15 000 livres sterling ; he's on more than me il gagne plus que moi ; to be on a low income avoir un bas salaire ; ⇒ dole, grant, live, overtime ;
    13 (paid for by, at the expense of) this round is on me c'est ma tournée ; have a beer on me je te paye une bière ; ⇒ credit, expenses, house ;
    14 ( repeated events) disaster on disaster désastre sur désastre ; defeat on defeat défaite sur défaite ;
    15 ( in scoring) to be on 25 points avoir 25 points ; Martin is the winner on 50 points Martin est le gagnant avec 50 points ;
    16 Turf he's got £10 on Easy Rider il a parié 10 livres sterling sur Easy Rider ; I'll have 50 dollars on Rapido je parie 50 dollars sur Rapido ; ⇒ odds ;
    17 Transp to travel on the bus/train voyager en bus/train ; to be on the plane/the train être dans l'avion/le train ; to be on the yacht être sur le yacht ; to be on one's bike être à vélo ; to leave on the first train/flight prendre le premier train/avion ; ⇒ foot, horseback.
    B adj
    1 (taking place, happening) to be on [event] avoir lieu ; is the match still on? est-ce que le match aura lieu? ; the engagement is back on again ils sont à nouveau fiancés ; while the meeting is on pendant la réunion ; there's a war/recession on il y a une guerre/récession ; I've got nothing on tonight je n'ai rien de prévu pour ce soir ; to have something on avoir quelque chose de prévu ; I've got a lot on je suis très occupé ;
    2 (being broadcast, performed, displayed) Euro-express is on tonight il y a Euro-express à la télé ce soir ; the news is on in 10 minutes le journal est dans 10 minutes ; it's on at the Rex ça passe au Rex ; there's an exhibition on at the Town Hall il y a une exposition à la mairie ; what's on? ( on TV) qu'est-ce qu'il y a à la télé? ; ( at the cinema) qu'est-ce qui passe au cinéma? ; ( at the theatre) qu'est-ce qu'il y a à l'affiche or au théâtre? ; there's nothing on il n'y a rien de bien ; Hamlet is still on Hamlet est toujours à l'affiche ;
    3 (functional, live) to be on [TV, oven, heating, light] être allumé ; [handbrake] être serré ; [dishwasher, radio, washing machine] marcher ; [hot tap, gas tap] être ouvert ; the power is on il y a du courant ; the power is back on le courant est rétabli ; the switch is in the ‘on’ position l'interrupteur est en position ‘allumé’ ; ⇒ switch on (switch), turn on (turn) ;
    4 GB ( permissible) it's just ou simply not on ( out of the question) c'est hors de question ; ( not the done thing) ça ne se fait pas ; ( unacceptable) c'est inadmissible ; it's simply not on to expect me to do that c'est inadmissible de penser que je vais faire ça ;
    5 (attached, in place) to be on [lid, top, cap] être mis ; the cap isn't properly on le couvercle est mal mis ; once the roof is on une fois le toit construit ; ⇒ put, screw.
    C adv
    1 ( on or about one's person) to have a hat/coat on porter un chapeau/manteau ; to have one's glasses on porter ses lunettes ; he's got his suit on il est en costume ; to have nothing on être nu, ne rien avoir sur le dos ; on with your coats! allez, mettez vos manteaux! ; to have make-up on être maquillé ; with sandals/slippers on en sandales/pantoufles ; ⇒ put, try ;
    2 ( ahead in time) 20 years on he was still the same 20 ans plus tard, il n'avait pas changé ; a few years on from now dans quelques années ; from that day on à partir de ce jour-là ; to be well on in years ne plus être tout jeune ; the party lasted well on into the night la soirée s'est prolongée tard dans la nuit ; ⇒ later, now ;
    3 ( further) to walk on continuer à marcher ; to walk on another 2 km faire encore 2 km ; to go on to Newcastle continuer jusqu'à Newcastle ; to go to Paris then on to Marseilles aller à Paris et de là à Marseille ; to play/work on continuer à jouer/travailler ; a little further on un peu plus loin ; ⇒ carry, go, move, press, read ;
    4 ( on stage) I'm on after the juggler je passe juste après le jongleur ; he's not on until Act II il n'entre en scène qu'au deuxième acte ; you're on! en scène!
    D on and off adv phr ( also off and on) to see sb on and off voir qn de temps en temps ; she's been working at the novel on and off for years ça fait des années que son roman est en chantier ; he lives there on and off il y habite de temps en temps ; to flash on and off clignoter.
    E on and on adv phr to go on and on [speaker] parler pendant des heures ; [lectures, speech] durer des heures ; he went ou talked on and on about the war il n'a pas arrêté de parler de la guerre ; the list goes on and on la liste n'en finit pas.
    you're on d'accord ; are you still on for tomorrow's party? c'est toujours d'accord pour la soirée de demain? ; to be always on at sb être toujours sur le dos de qn ; she's always on at me to get my hair cut elle est toujours sur mon dos pour que je me fasse couper les cheveux ; what's he on about? GB qu'est-ce qu'il raconte? ; I don't know what you're on about je ne sais pas de quoi tu parles ; he's been on to me about the lost files GB il m'a contacté à propos des dossiers perdus. ⇒ get, go, put.

    Big English-French dictionary > on

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